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6.2 .2 Property Transferred into Creditors ' Trust. The <br /> following property shall be transferred into the <br /> Creditors ' Trust: (i) the Mine Site; (ii) the <br /> Carbondale Industrial Park (iii) the Coke oven <br /> Property; iv - -rication Sho ; (iv) all <br /> equipment; �v- -a �-chas��in ac ion and (v) all other <br /> real and persona roperty o t e Debtor, excepting <br /> _ on y .a) the Rockdust P1ant,fthe �Marblehead Quarry, the <br /> Mid-Conti uarry, w Ic'ti are to be transferred to--.-,t <br /> e Rec amation Account, and (b) such cash as is <br /> required to be distributed by the Debtor under the <br /> Plan. <br /> 6.2 . 3 Property Taxes . Property transferred to the <br /> Creditors ' Trust shall be subject to real and personal <br /> property taxes, which shall paid at the time of sale of <br /> the property, as a cost of sale, or at such earlier <br /> time as might be deemed advisable in the discretion of <br /> the Trustee. <br /> 6 .2 .4 Transfer Free of Liens and Claims. Property <br /> transferred to the Creditors ' Trust shall be <br /> transferred free and clear of liens and claims, except <br /> for the statutory lien of real property taxes. 7 <br /> 6 .2 .5 Administration of Creditors ' Trust. The <br /> Creditors' Trust shall be administered by a Trustee, <br /> appointed pursuant to Section 1123 (a) (7 ) of the <br /> Bankruptcy Code, and supervised by two Creditors ' <br /> Representatives. <br /> (i) One Creditors ' Representative shall be <br /> selected by Sanwa, and the other shall be selected <br /> by the Official Creditors ' Committee appointed in <br /> the Case. <br /> (ii) The Trustee shall be selected by the <br /> Creditors ' Representatives and may be removed by <br /> the Creditors ' Representatives in the exercise of <br /> their reasonable discretion. <br /> (iii) The Debtor offers to have Louis M. <br /> LaGiglia, the Debtor's Vice-President and <br /> Treasurer, and a Certified Public Accountant, <br /> serve as Trustee. If the Creditor Representatives <br /> select Mr. LaGiglia to serve as Trustee, he shall <br /> serve without compensation. <br /> -9- <br />