Attached files
| file | filename |
|---|---|
| EX-10.56 - EXHIBIT 10.56 - CENTURY PROPERTIES FUND XIX | cpf19tambay_ex10z56.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) September 25, 2012
CENTURY PROPERTIES FUND XIX, LP
(Exact name of Registrant as specified in its charter)
| Delaware | 0-11935 | 94-2887133 |
| (State or other jurisdiction | (Commission | (I.R.S. Employer |
| of incorporation) | File Number) | Identification Number) |
80 International Drive
Post Office Box 1089
Greenville, South Carolina 29602
(Address of principal executive offices)
(864) 239-1000
(Issuer's telephone number)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry Into a Material Definitive Agreement.
Century Properties Fund XIX, LP, a Delaware limited partnership (the “Registrant”), owns Tamarind Bay Apartments(“Tamarind Bay”), a 200-unit apartment complex located in St. Petersburg, Florida. As previously disclosed, on June 14, 2012, the Registrant entered into a Purchase and Sale Contract with a third party, Augustus Partners, LLC, a Colorado limited liability company (the “Purchaser”), to sell Tamarind Bay to the Purchaser for a total sales price of $12,750,000.
As previously disclosed, on August 15, 2012, the Registrant and Purchaser entered into a First Amendment to Purchase and Sale Contract, pursuant to which (i) the deadline for the Purchaser to obtain a loan commitment was extended to August 31, 2012, and (ii) the closing date was extended to September 14, 2012.
As previously disclosed, on August 21, 2012, the Registrant and Purchaser entered into a Second Amendment to Purchase and Sale Contract, pursuant to which (i) the deadline for the Purchaser to obtain a loan commitment was extended to September 14, 2012, and (ii) the closing date was extended to September 28, 2012.
On September 25, 2012, the Registrant and Purchaser entered into a Third Amendment to Purchase and Sale Contract (the “Third Amendment”), pursuant to which the Purchaser shall receive a credit of $381,000 against the sales price at the time of closing.
This summary of the terms and conditions of the Third Amendment is qualified in its entirety by reference to the Third Amendment, a copy of which is attached hereto as an exhibit.
Item 9.01 Financial Statements and Exhibits
(d) Exhibit
10.56 Third Amendment to Purchase and Sale Contract between Century Properties Fund XIX, LP, a Delaware limited partnership, and Augustus Partners, LLC, a Colorado limited liability company, dated September 25, 2012.
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 hereunto duly authorized.
CENTURY PROPERTIES FUND XIX, LP
By: Fox Partners II
General Partner
By: Fox Capital Management Corporation
Managing General Partner
By: /s/Stephen B. Waters
Stephen B. Waters
Senior Director of Partnership Accounting
Date: September 28, 2012