UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Colonial Realty Limited Partnership
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(Name of Issuer)
Class A Units of Limited Partnership Interest
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(Title of Class of Securities)
Not Applicable
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(CUSIP Number)
December 31, 1999
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
SCHEDULE 13G
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CUSIP No. Not Applicable Page 2 of 5 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Harold W. Ripps
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) |_|
(b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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5 SOLE VOTING POWER
NUMBER OF 1,908,380 Class A Units of Limited
Partnership Interest ("Units")
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SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0 Units
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 1,908,380 Units
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WITH 8 SHARED DISPOSITIVE POWER
0 Units
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,908,380 Units
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.8%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
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CUSIP No. Not Applicable Page 3 of 5 Pages
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Item 1(a). Name of Issuer:
COLONIAL REALTY LIMITED PARTNERSHIP
Item 1(b). Address of Issuer's Principal Executive Offices:
Colonial Plaza, Suite 750
2101 Sixth Avenue North
Birmingham, Alabama 35203
Item 2(a). Name of Person Filing:
Harold W. Ripps
Item 2(b). Address of Principal Business Office or, if None, Residence:
Colonial Plaza, Suite 750
2101 Sixth Avenue North
Birmingham, Alabama 35203
Item 2(c). Citizenship:
United States of America
Item 2(d). Title of Class of Securities:
Class A Units of Limited Partnership Interest
Item 2(e). CUSIP Number:
Not Applicable
Item 3. If this statement is filed pursuant to 240.13d-1(b), or
240.13d-2(b) or (c), check whether the person filing is a:
(a) [ ] Broker or Dealer registered under Section
15 of the Act.
(b) [ ] Bank as defined in Section 3(a)(6) of the
Act.
(c) [ ] Insurance Company as defined in Section
3(a)(19) of the Act.
(d) [ ] Investment Company registered under Section
8 of the Investment Company Act.
(e) [ ] Investment Adviser in accordance with Rule
13d-1(b)(1)(ii)(E).
<PAGE>
SCHEDULE 13G
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CUSIP No. Not Applicable Page 4 of 5 Pages
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(f) [ ] An employee benefit plan or endowment fund;
in accordance with 240.13d-1(b)(1)(ii)(F).
(g) [ ] Parent Holding Company or control person,
in accordance with 240.13d-1(b)(1)(ii)(G).
(h) [ ] A savings association as defined in Section
3(b) of the Federal Deposit Insurance Act.
(i) [ ] A church plan that is excluded from the
definition of an Investment Company under
Section 3(c)(14) of the Investment Company
Act of 1940.
(j) [ ] Group, in accordance with 240.13d-1(b)(1)
(ii)(J).
Item 4. Ownership:
(a) Amount beneficially owned: 1,908,380 Units
(b) Percent of Class: 5.8%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 1,908,380 Units
(ii) Shared power to vote or to direct the vote: 0 Units
(iii) Sole power to dispose or to direct the disposition of:
1,908,380 Units
(iv) Shared power to dispose or to direct the disposition of:
0 Units
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact
that as of the date hereof the reporting person has ceased to
be the beneficial owner of more than five percent of the class
of securities, check the following [ ].
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
Not Applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company [ ]
<PAGE>
SCHEDULE 13G
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CUSIP No. Not Applicable Page 5 of 5 Pages
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Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not Applicable.
Item 10. Certification.
Not Applicable.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
February 14, 2000
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(Date)
/s/ Howard B. Nelson Jr.
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(Signature)
Howard B. Nelson Jr./
Chief Financial Officer
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Name/Title
*Attorney in Fact
POWER OF ATTORNEY
Know all by these presents, that the undersigned hereby constitutes
and appoints each of Howard B. Nelson, Jr. and John P. Rigrish, singly and not
jointly, the undersigned's true and lawful attorney-in-fact to:
(1) execute for and on behalf of the undersigned
Schedules 13D and 13G, and Forms 3, 4, and 5, in
accordance with Sections 13(d) and 16(a) of the
Securities Exchange Act of 1934 and the rules
thereunder;
(2) do and perform any and all acts for and on behalf of
the undersigned which may be necessary or desirable
to complete the execution of any such Schedule 13D or
13G, or Form 3, 4, or 5, and the timely filing of
such schedule or form with the United States
Securities and Exchange Commission and any other
authority; and
(3) take any other action of any type whatsoever in
connection with the foregoing which, in the opinion
of such attorney-in-fact, may be of benefit to, in
the best interest of, or legally required by, the
undersigned.
The undersigned hereby grants to each such attorney-in-fact
full power and authority to do and perform all and every act and thing
whatsoever requisite, necessary and proper to be done in the exercise of any of
the rights and powers herein granted, as fully to all intents and purposes as
the undersigned might or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall
lawfully do or cause to be done by virtue of this power of attorney and the
rights and powers herein granted. The undersigned acknowledges that the
foregoing attorneys-in-fact, in serving in such capacity at the request of the
undersigned, are not assuming any of the undersigned's responsibilities to
comply with Section13(d) and/or Section 16 of the Securities Exchange Act of
1934. This Power of Attorney can be revoked only by delivering a signed,
original "Revocation of Power of Attorney" to the attorney-in-fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of
Attorney to be executed as of this 22nd day of January, 2000.
/s/ Harold W. Ripps
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Signature
Harold W. Ripps
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Print Name