Attached files
file | filename |
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EX-32.2 - EXHIBIT 32.2 - CONCORD MILESTONE PLUS L P | c91256exv32w2.htm |
EX-31.2 - EXHIBIT 31.2 - CONCORD MILESTONE PLUS L P | c91256exv31w2.htm |
EX-32.1 - EXHIBIT 32.1 - CONCORD MILESTONE PLUS L P | c91256exv32w1.htm |
EX-31.1 - EXHIBIT 31.1 - CONCORD MILESTONE PLUS L P | c91256exv31w1.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended September 30, 2009
Commission file number 000-16757
CONCORD MILESTONE PLUS, L.P.
(Exact Name of Registrant as Specified in its Charter)
Delaware | 52-1494615 | |
(State or Other Jurisdiction of Incorporation or Organization) |
(I.R.S. Employer Identification No.) |
200 CONGRESS PARK DRIVE, SUITE 205, DELRAY BEACH, FLORIDA, 33445
(Address of Principal Executive Offices) (Zip Code)
(Address of Principal Executive Offices) (Zip Code)
(561) 394-9260
(Registrants Telephone Number, Including Area Code)
Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for
such shorter period that the registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days. Yes þ No o
Indicate by check mark whether the registrant has submitted electronically and posted on its
corporate Web site, if any, every Interactive Data File required to be submitted and posted
pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months
(or for such shorter period that the registrant was required to submit and post such files). Yes o No o
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a
non-accelerated filer, or a smaller reporting company. See definitions of large accelerated
filer, accelerated filer and smaller reporting company in Rule 12b-2 of the Exchange Act.
(Check one):
Large accelerated filer o | Accelerated filer o | Non-accelerated filer o | Smaller reporting company þ | |||
(Do not check if a smaller reporting company) |
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of
the Exchange Act). Yes o No þ
As of October 14, 2009, 1,518,800 Class A interests and 2,111,072 Class B interests were
outstanding.
PART I FINANCIAL INFORMATION
Item 1. | Financial Statements |
CONCORD MILESTONE PLUS, L.P.
(a Limited Partnership)
(a Limited Partnership)
BALANCE SHEETS
SEPTEMBER 30, 2009 (Unaudited) AND DECEMBER 31, 2008
September 30, 2009 | December 31, 2008 | |||||||
Assets: |
||||||||
Property: |
||||||||
Building and improvements, at cost |
$ | 11,617,142 | $ | 11,513,989 | ||||
Less: accumulated depreciation |
8,287,904 | 7,980,038 | ||||||
Building and improvements, net |
3,329,238 | 3,533,951 | ||||||
Land, at cost |
6,930,000 | 6,930,000 | ||||||
Property, net |
10,259,238 | 10,463,951 | ||||||
Cash and cash equivalents |
1,224,972 | 1,039,078 | ||||||
Accounts receivable, net |
123,339 | 115,377 | ||||||
Prepaid expenses and other assets, net |
190,331 | 151,069 | ||||||
Total assets |
$ | 11,797,880 | $ | 11,769,475 | ||||
Liabilities: |
||||||||
Deposits |
52,025 | 58,241 | ||||||
Accrued expenses and other liabilities |
198,243 | 106,844 | ||||||
Accrued expenses payable to affiliates |
| 1,926 | ||||||
Total liabilities |
250,268 | 167,011 | ||||||
Partners capital: |
||||||||
General partner |
72,158 | 72,707 | ||||||
Limited partners: |
||||||||
Class A Interests, 1,518,800 issued and outstanding |
11,475,454 | 11,529,757 | ||||||
Class B Interests, 2,111,072 issued and outstanding |
| | ||||||
Total partners capital |
11,547,612 | 11,602,464 | ||||||
Total liabilities and partners capital |
$ | 11,797,880 | $ | 11,769,475 | ||||
See Accompanying Notes to Financial Statements
2
CONCORD MILESTONE PLUS, L.P.
(a Limited Partnership)
(a Limited Partnership)
STATEMENTS
OF REVENUES AND EXPENSES
(Unaudited)
FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2009 AND 2008
FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2009 AND 2008
September 30, 2009 | September 30, 2008 | |||||||
Revenues: |
||||||||
Rent |
$ | 444,018 | $ | 473,908 | ||||
Reimbursed expenses |
100,457 | 108,143 | ||||||
Interest and other income |
313 | 3,707 | ||||||
Total revenues |
544,788 | 585,758 | ||||||
Expenses: |
||||||||
Depreciation and amortization |
103,816 | 98,692 | ||||||
Property expenses |
141,479 | 130,665 | ||||||
Administrative and management fees to related party |
46,114 | 40,608 | ||||||
Professional fees and other expenses |
48,259 | 31,801 | ||||||
Total expenses |
339,668 | 301,766 | ||||||
Net Income |
$ | 205,120 | $ | 283,992 | ||||
Net income attributable to: |
||||||||
Limited partners |
$ | 203,069 | $ | 281,152 | ||||
General partner |
2,051 | 2,840 | ||||||
Net income |
$ | 205,120 | $ | 283,992 | ||||
Net income per weighted average
Limited Partnership 100 Class A Interests outstanding |
$ | 13.51 | $ | 18.70 | ||||
Distribution per weighted average Limited Partnership
100 Class A Interests outstanding |
$ | 16.46 | $ | 16.46 | ||||
Weighted average number of 100
Class A Interests outstanding |
15,188 | 15,188 |
See Accompanying Notes to Financial Statements
3
CONCORD MILESTONE PLUS, L.P.
(a Limited Partnership)
(a Limited Partnership)
STATEMENTS OF REVENUES AND EXPENSES
(Unaudited)
FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2009 AND 2008
(Unaudited)
FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2009 AND 2008
September 30, 2009 | September 30, 2008 | |||||||
Revenues: |
||||||||
Rent |
$ | 1,372,418 | $ | 1,454,523 | ||||
Reimbursed expenses |
315,503 | 328,624 | ||||||
Interest and other income |
10,210 | 21,849 | ||||||
Total revenues |
1,698,131 | 1,804,996 | ||||||
Expenses: |
||||||||
Depreciation and amortization |
307,866 | 297,439 | ||||||
Property expenses |
438,066 | 428,520 | ||||||
Administrative and management fees to related party |
140,974 | 123,365 | ||||||
Professional fees and other expenses |
116,077 | 133,349 | ||||||
Total expenses |
1,002,983 | 982,673 | ||||||
Net income |
$ | 695,148 | $ | 822,323 | ||||
Net income attributable to: |
||||||||
Limited partners |
$ | 688,197 | $ | 814,100 | ||||
General partner |
6,951 | 8,223 | ||||||
Net income |
$ | 695,148 | $ | 822,323 | ||||
Net income per weighted average
Limited Partnership 100 Class A Interests outstanding |
$ | 45.77 | $ | 54.14 | ||||
Distribution per weighted average Limited Partnership
100 Class A Interests outstanding |
$ | 49.38 | $ | 49.38 | ||||
Weighted average number of 100
Class A Interests outstanding |
15,188 | 15,188 | ||||||
See Accompanying Notes to Financial Statements
4
CONCORD MILESTONE PLUS, L.P.
(a Limited Partnership)
(a Limited Partnership)
STATEMENTS OF CHANGES IN PARTNERS CAPITAL
(Unaudited)
FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2009
General | Class A | Class B | ||||||||||||||
Total | Partner | Interests | Interests | |||||||||||||
PARTNERS CAPITAL |
||||||||||||||||
January 1, 2009 |
$ | 11,602,464 | $ | 72,707 | $ | 11,529,757 | $ | | ||||||||
1st Quarter 2009 Distribution |
(250,000 | ) | (2,500 | ) | (247,500 | ) | | |||||||||
2nd Quarter 2009 Distribution |
(250,000 | ) | (2,500 | ) | (247,500 | ) | ||||||||||
3rd Quarter 2009 Distribution |
(250,000 | ) | (2,500 | ) | (247,500 | ) | ||||||||||
Net Income |
695,148 | 6,951 | 688,197 | | ||||||||||||
PARTNERS CAPITAL |
||||||||||||||||
September 30, 2009 |
$ | 11,547,612 | $ | 72,158 | $ | 11,475,454 | | |||||||||
See Accompanying Notes to Financial Statements
5
CONCORD MILESTONE PLUS, L.P.
(a Limited Partnership)
(a Limited Partnership)
STATEMENTS OF CASH FLOWS
(Unaudited)
FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2009 AND 2008
September 30, 2009 | September 30, 2008 | |||||||
CASH FLOWS FROM OPERATING ACTIVITIES: |
||||||||
Net Income |
$ | 695,148 | $ | 822,323 | ||||
Adjustments to reconcile net income to net
cash provided by operating activities: |
||||||||
Depreciation and amortization |
307,866 | 297,439 | ||||||
Change in operating assets and liabilities: |
||||||||
(Decrease) increase in accounts receivable |
(7,962 | ) | 50,455 | |||||
Increase in prepaid expenses and other assets, net |
(39,262 | ) | (10,975 | ) | ||||
Increase in accrued expenses and other liabilities |
85,183 | 17,099 | ||||||
Decrease in accrued expenses payable to affiliates |
(1,926 | ) | (421 | ) | ||||
Net cash provided by operating activities |
1,039,047 | 1,175,920 | ||||||
CASH FLOWS FROM INVESTING ACTIVITY: |
||||||||
Property improvements |
(103,153 | ) | (59,133 | ) | ||||
Net cash used by investing activities |
(103,153 | ) | (59,133 | ) | ||||
CASH FLOWS FROM FINANCING ACTIVITIES: |
||||||||
Decrease in restricted cash |
| 2,461 | ||||||
Cash distributions to partners |
(750,000 | ) | (750,000 | ) | ||||
Net cash used in financing activities |
(750,000 | ) | (747,539 | ) | ||||
NET INCREASE IN CASH AND CASH EQUIVALENTS |
185,894 | 369,248 | ||||||
CASH AND CASH EQUIVALENTS,
BEGINNING OF PERIOD |
1,039,078 | 760,359 | ||||||
CASH AND CASH EQUIVALENTS,
END OF PERIOD |
$ | 1,224,972 | $ | 1,129,607 | ||||
See Accompanying Notes to Financial Statements
6
CONCORD MILESTONE PLUS, L.P.
(a Limited Partnership)
(a Limited Partnership)
NOTES TO FINANCIAL STATEMENTS
(Unaudited)
(Unaudited)
FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2009
The accompanying financial statements of Concord Milestone Plus, L.P., a Delaware limited
partnership (the Partnership), have been prepared in accordance with accounting principles
generally accepted in the United States of America for interim financial information and with the
instructions to Form 10-Q and Rule 8-03 of Regulation S-X. Accordingly, they do not include all of
the information and footnotes required by generally accepted accounting principles for complete
financial statements. In the opinion of management, all adjustments (consisting of normal
recurring accruals) considered necessary for a fair presentation of these quarterly periods have
been included. The financial statements as of and for the periods ended September 30, 2009 and
2008 are unaudited. The results of operations for the interim periods shown in this report are not
necessarily indicative of the results of operations that may be expected for any other interim
period or for the full fiscal year. These interim financial statements should be read in
conjunction with the annual financial statements and footnotes included in the Partnerships
financial statements filed on Form 10-K for the year ended December 31, 2008.
(1) Subsequent Events:
The Partnership has evaluated events and transactions occurring subsequent to the balance
sheet date of September 30, 2009, for items that should potentially be recognized or disclosed in
these financial statements. The evaluation was conducted through October 20th 2009, the
date these financial statements were issued.
On October 14th 2009, the General Partner resolved to make a cash distribution
equal to $0.16296 per Class A Interest to be paid in November 2009 to the holders of Class A
Interests as of September 30, 2009.
(2) Recent Accounting Pronouncements:
In May 2009, the FASB issued ASC 855, Subsequent Events. This standard establishes general
standards of accounting for and disclosure of events that occur after the balance sheet date, but
before financial statements are issued or available to be issued. Specifically, this standard
codifies in authoritative GAAP standards the subsequent event guidance that was previously located
in auditing standards. ASC 855 is effective for fiscal years and interim periods ended after June
15, 2009 and is applied prospectively. We adopted ASC 855 in our fiscal quarter ended June 30,
2009. The adoption of SFAS 165 did not have a material impact on our financial position, results of
operation or cash flows.
In June 2009, the FASB issued ASC 105, Generally Accepted Accounting Principles. This section
designates the FASB Accounting Standards Codification (FASC) as the source of authoritative U.S.
GAAP. ASC 105 is effective for interim or fiscal periods ending after September 15, 2009. We have
used the new guidelines and numbering system prescribed by the FASC when referring to GAAP in our
fiscal quarter ending September 30, 2009. The adoption of ASC 105 did not have a material impact on
our financial position, results of operation or cash flows.
7
Item 2. | Managements Discussion and Analysis of Financial Condition and Results of
Operations |
General
This Form 10-Q and the documents incorporated herein by reference, if any, contain
forward-looking statements that have been made within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such
forward-looking statements are based on current expectations, estimates and projections about the
Partnerships industry, management beliefs, and certain assumptions made by the Partnerships
management and involve known and unknown risks, uncertainties and other factors. Such factors
include the following: general economic and business conditions, which will, among other things,
affect the demand for retail space or retail goods; availability and creditworthiness of
prospective tenants; lease rents and the terms and availability of financing; risks of real estate
development and acquisition; governmental actions and initiatives; and environmental and safety
requirements. These statements are not guarantees of future performance and are subject to certain
risks, uncertainties and assumptions that are difficult to predict; therefore, actual results may
differ materially from those expressed or forecasted in any such forward-looking statements.
Forward-looking statements that were true at the time made may ultimately prove to be incorrect or
false. Readers are cautioned to not place undue reliance on forward-looking statements, which
reflect our managements view only as of the date of this report. We undertake no obligation to
update or revise forward-looking statements to reflect changed assumptions, the occurrence of
unanticipated events or changes to future operating results.
Organization and Capitalization
The Partnership was formed on December 12, 1986, for the purpose of investing in existing
income-producing commercial and industrial real estate. The general partner is CM Plus
Corporation. The Partnership began operations on August 20, 1987, and currently owns and operates
two shopping centers located in Searcy, Arkansas and Valencia, California. A third shopping
center, located in Green Valley, Arizona, was sold by the Partnership on May 23, 2007.
The Partnership commenced a public offering on April 8, 1987 in order to fund the
Partnerships real property acquisitions. The Partnership terminated its public offering on April
2, 1988 and was fully subscribed to with a total of 16,452 Bond Units and 15,188 Equity Units
issued. Each Bond Unit consisted of $1,000 principal amount of Bonds and 36 Class B Interests.
The Partnership redeemed all of the outstanding Bonds as of September 30, 1997 with the proceeds of
three fixed rate mortgage loans, which have since been satisfied. Each Equity Unit consists of 100
Class A Interests and 100 Class B Interests. Capital contributions to the Partnership consisted of
$15,187,840 from the sale of the Equity Units and $592,272 which represent the Class B Interests
from the sale of the Bond Units.
Results of Operations
Comparison of Three Months Ended September 30, 2009 to Three Months Ended September 30,
2008
The Partnership recognized net income of $205,120 for the three months ended September 30,
2009 as compared to net income of $283,992 for the same period in 2008. The decrease is primarily
due to the following factors:
| A decrease in revenue of $40,970 or 7%, to $544,788 for the three months ended September
30, 2009 as compared to $585,758 for the three months ended September 30, 2008. Such
decrease is primarily due to a decrease of $29,890 in rent due to vacancies and rent
reductions, a decrease in common area maintenance and insurance expenses reimbursed by
tenants of $7,686 and a decrease of $3,394 in interest and other income attributable to
lower interest rates. |
| An increase in expenses of $37,902 or 13%, to $339,668 for the three months ended
September 30, 2009 as compared to $301,766 for the three months ended September 30, 2008.
The increase is largely due to an increase of $10,814 in property expenses, primarily
attributable to higher real estate taxes, an increase of $16,458 in professional fees and
other expenses due to increases in legal fees, and an increase in depreciation expense of
$5,123. |
8
Comparison of Nine Months Ended September 30, 2009 to Nine Months Ended September 30, 2008
The Partnership recognized net income of $695,148 for the nine months ended September 30, 2009
as compared to net income of $822,323 for the same period in 2008. The decrease is primarily due
to the following factors:
| A decrease in revenue of $106,865 or 6%, to $1,698,131 for the nine months ended
September 30, 2009 as compared to $1,804,996 for the nine months ended September 30, 2008.
Such decrease is primarily due to a decrease of $82,105 in rent due to vacancies and rent
reductions, a decrease of $13,120 in common area maintenance and insurance expenses
reimbursed by tenants, a decrease of $11,639 in interest and other income attributable to
lower interest rates, and $10,000 of non-recurring revenue recognized in the nine months
ended September 30, 2008 related to a cross easement at the Searcy property, partially
offset by non-recurring revenue of $7,793 realized in the nine months ended September 30,
2009 consisting of a distribution received in a bankruptcy proceeding of a former tenant. |
| An increase in expenses of $20,310 or 2%, to $1,002,983 for the nine months ended
September 30, 2009 as compared to $982,673 for the nine months ended September 30, 2008.
The increase is primarily due to an increase in property expenses of $9,546 and an increase
of $10,427 in depreciation expense. |
Liquidity and Capital Resources
The Partnerships properties are not currently encumbered by any mortgage loans. In addition,
the Partnership has no outstanding bank debt and has no plans to acquire additional properties.
Accordingly, the General Partner believes that the Partnerships expected revenue and working
capital are sufficient to meet the Partnerships current and foreseeable future operating
requirements. However, in the event that the Partnerships properties experience significant
tenant defaults and /or increased vacancies as a result of the overall economy and general market
conditions, or other adverse events beyond the control of the Partnership occur, the Partnership
could experience a decrease in cash flow from operations.
Distributions of $250,000 each were paid during January 2009 and May 2009 and August 2009.
The Partnership intends to make an additional distribution of $250,000 in November 2009. The
Partnership will evaluate the amount of future distributions, if any, on a quarter by quarter
basis. No assurances can be given as to the timing or amount of any future distributions by the
Partnership.
Management is not aware of any other significant trends, events, commitments for capital
expenditures or uncertainties that will or are likely to materially impact the Partnerships
liquidity.
Cash on hand in the amount of approximately $1,224,972 as of September 30, 2009 may be used
(a) for the capital improvement requirements of the Partnerships properties, (b) to pay the
November 2009 distribution to partners of $250,000 and future distributions, (c) for other general
Partnership purposes, including the costs of leasing vacant space, and (d) for regulatory and other
public company costs.
Item 4T. | Controls and Procedures. |
The President and Treasurer of CM Plus Corporation, the general partner of the Partnership,
are the principal executive officer and principal financial officer of the Partnership and have
evaluated, in accordance with Rules 13a-15 and 15d-15 of the Securities Exchange Act of 1934, as
amended (the Act), the effectiveness of the Partnerships disclosure controls and procedures (as
defined in Rules 13a-15(e) and 15d-(e) of the Act) as of the end of the period covered by this
report. Based on that evaluation, the President and the Treasurer of CM Plus Corporation have
concluded that as of the end of the period covered by this report the Partnerships disclosure
controls and procedures are effective to provide reasonable assurance that information required to
be disclosed by the Partnership in the reports it files or submits under the Act is recorded,
processed, summarized and reported within the time periods specified in the SECs rules and forms.
There were no changes in the Partnerships internal control over financial reporting
identified in connection with the required evaluation performed by the President and Treasurer of
CM Plus Corporation that occurred during the Partnerships last fiscal quarter that has materially
affected, or is reasonably likely to materially affect, the Partnerships internal control over
financial reporting.
9
PART II OTHER INFORMATION
Item 6. | Exhibits |
Number | Description of Document | |||
3.1 | Amended and Restated Agreement of Limited Partnership of Concord Milestone Plus, L.P. Incorporated
herein by reference to Exhibit A to the Registrants Prospectus included as Part I of the Partnerships Post-
Effective Amendment No. 3 to the Partnerships Registration Statement on Form S-11 which was declared
effective on April 3, 1987 (the Registration Statement). |
|||
3.2 | Amendment No. 1 to Amended and Restated Agreement of Limited Partnership of Concord Milestone
Plus,
L.P. Incorporated herein by reference to Exhibit 3.2 to the Partnerships
Form 10-K for the fiscal year ended
December 31, 1987 (the 1987 Form 10-K). |
|||
3.3 | Amendment No. 2 to Amended and Restated Agreement of Limited Partnership of Concord Milestone
Plus,
L.P. Incorporated herein by reference to Exhibit 3.3 to the 1987 form 10-K. |
|||
3.4 | Amendment No. 3 to Amended and Restated Agreement of Limited Partnership of Concord Milestone
Plus,
L.P. Incorporated herein by reference to Exhibit 3.4 to the 1987 Form 10-K. |
|||
3.5 | Amendment No. 4 to Amended and Restated Agreement of Limited Partnership of Concord Milestone
Plus,
L.P. Incorporated herein by reference to Exhibit 3.5 to the 1987 Form 10-K. |
|||
3.6 | Amendment No. 5 to Amended and Restated Agreement of Limited Partnership of Concord Milestone
Plus,
L.P. Incorporated herein by reference to Exhibit 3.6 to the Partnerships
Form 10-K for the fiscal year ended
December 31, 1988. |
|||
31.1 | Certification of the principal executive officer, pursuant to Rules 13a-14(a) or 15(d)-14(a)
of the Securities
Exchange Act of 1934, as amended. |
|||
31.2 | Certification of the principal financial officer, pursuant to Rules 13a-14(a) or 15(d)-14(a) of the Securities
Exchange Act of 1934, as amended. |
|||
32.1 | Certification of the principal executive officer, pursuant to 18 U.S.C. 1350 as adopted pursuant to Section
906 of the Sarbanes-Oxley Act of 2002. |
|||
32.2 | Certification of the principal financial officer, pursuant to 18 U.S.C. 1350 as adopted pursuant to Section
906 of the Sarbanes-Oxley Act of 2002. |
10
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
DATE: October 20, 2009 | CONCORD
MILESTONE PLUS, L.P. (Registrant) |
|||
BY: | CM PLUS CORPORATION | |||
General Partner | ||||
By: | /s/ Leonard Mandor | |||
Leonard Mandor | ||||
President |
11
EXHIBIT INDEX
Number | Description of Document | |||
3.1 | Amended and Restated Agreement of Limited Partnership of Concord Milestone Plus, L.P. Incorporated
herein by reference to Exhibit A to the Registrants Prospectus included as Part I of the Partnerships Post-
Effective Amendment No. 3 to the Partnerships Registration Statement on Form S-11 which was declared
effective on April 3, 1987 (the Registration Statement). |
|||
3.2 | Amendment No. 1 to Amended and Restated Agreement of Limited Partnership of Concord Milestone
Plus,
L.P. Incorporated herein by reference to Exhibit 3.2 to the Partnerships
Form 10-K for the fiscal year ended
December 31, 1987 (the 1987 Form 10-K). |
|||
3.3 | Amendment No. 2 to Amended and Restated Agreement of Limited Partnership of Concord Milestone
Plus,
L.P. Incorporated herein by reference to Exhibit 3.3 to the 1987 form 10-K. |
|||
3.4 | Amendment No. 3 to Amended and Restated Agreement of Limited Partnership of Concord Milestone
Plus,
L.P. Incorporated herein by reference to Exhibit 3.4 to the 1987 Form 10-K. |
|||
3.5 | Amendment No. 4 to Amended and Restated Agreement of Limited Partnership of Concord Milestone
Plus,
L.P. Incorporated herein by reference to Exhibit 3.5 to the 1987 Form 10-K. |
|||
3.6 | Amendment No. 5 to Amended and Restated Agreement of Limited Partnership of Concord Milestone
Plus,
L.P. Incorporated herein by reference to Exhibit 3.6 to the Partnerships
Form 10-K for the fiscal year ended
December 31, 1988. |
|||
31.1 | Certification of the principal executive officer, pursuant to Rules 13a-14(a) or 15(d)-14(a)
of the Securities
Exchange Act of 1934, as amended. |
|||
31.2 | Certification of the principal financial officer, pursuant to Rules 13a-14(a) or 15(d)-14(a) of the Securities
Exchange Act of 1934, as amended. |
|||
32.1 | Certification of the principal executive officer, pursuant to 18 U.S.C. 1350 as adopted pursuant to Section
906 of the Sarbanes-Oxley Act of 2002. |
|||
32.2 | Certification of the principal financial officer, pursuant to 18 U.S.C. 1350 as adopted pursuant to Section
906 of the Sarbanes-Oxley Act of 2002. |
12