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September 28, 1993 <br /> Page 4 <br /> One problem is that there are no pending sales <br /> involving this parcel. We thus assume that the tax redemption <br /> will need to come from other funds in the estate. There are no <br /> funds available at this 'time, but there is a sale pending of the <br /> Fabrication Shop, with a contract price of $410,000 and a <br /> scheduled November 1 closing date. I intend to file a cash <br /> collateral motion seeking authority to use proceeds of the <br /> Fabrication Shop for tax redemptions. <br /> The other problem involves allocation of the redemption <br /> cost between the Rockdust Plant, which benefits the DMG and the <br /> OSM, and the Rail Loadout Site, which benefits Sanwa land, under <br /> the Plan, general creditors) ._ To the extent the Rockdust Plant <br /> is benefitted, the cost of redemption should be charged against <br /> funds which otherwise are allocated for reclamation under the <br /> Plan. Perhaps you can give some thought to how you would like to <br /> handle this. <br /> Very truly yours, <br /> ?es B. Holden <br /> JBH: je <br /> cc: John Reeves <br /> Bob Delaney <br />