CONSOLIDATED CAPITAL PROPERTIES III
SC 14D1/A, 2000-01-13
REAL ESTATE INVESTMENT TRUSTS
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<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                          ----------------------------


                      AMENDMENT NO. 2 (FINAL AMENDMENT) TO
                                 SCHEDULE 14D-1
               TENDER OFFER STATEMENT PURSUANT TO SECTION 14(d)(1)
                     OF THE SECURITIES EXCHANGE ACT OF 1934
                                       AND
                                  SCHEDULE 13D
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                               (AMENDMENT NO. 16)


                       CONSOLIDATED CAPITAL PROPERTIES III
                            (Name of Subject Company)

                             AIMCO PROPERTIES, L.P.
                                    (Bidder)

                      UNITS OF LIMITED PARTNERSHIP INTEREST
                         (Title of Class of Securities)

                                      NONE
                      (CUSIP Number of Class of Securities)



                                 PATRICK J. FOYE
                   APARTMENT INVESTMENT AND MANAGEMENT COMPANY
                           COLORADO CENTER, TOWER TWO
                   2000 SOUTH COLORADO BOULEVARD, SUITE 2-1000
                             DENVER, COLORADO 80222
                                 (303) 757-8101
            (Name, Address and Telephone Number of Person Authorized
           to Receive Notices and Communications on Behalf of Bidder)


                                    COPY TO:

                              JONATHAN L. FRIEDMAN
                    SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP
                           300 SOUTH GRAND, 34TH FLOOR
                          LOS ANGELES, CALIFORNIA 90071
                                 (213) 687-5000


                          ----------------------------



<PAGE>   2



                            CALCULATION OF FILING FEE

- -------------------------------------------------------------------------------
Transaction Valuation*     $3,979,119.69          Amount of Filing Fee: $795.82

- -------------------------------------------------------------------------------

*        For purposes of calculating the fee only. This amount assumes the
         purchase of 96,253.5 units of limited partnership interest of the
         subject partnership for $41.34 per unit. The amount of the filing fee,
         calculated in accordance with Section 14(g)(1)(B)(3) and Rule 0-11(d)
         under the Securities Exchange Act of 1934, as amended, equals 1/50th of
         one percent of the aggregate of the cash offered by the bidder.

[ ]      Check box if any part of the fee is offset as provided by Rule
         0-11(a)(2) and identify the filing with which the offsetting fee was
         previously paid. Identify the previous filing by registration statement
         number or the form or schedule and the date of its filing.



<TABLE>

<S>                      <C>                         <C>              <C>
Amount Previously Paid:  $1,112.88                   Filing Parties:  AIMCO Properties, L.P.


Form or Registration No.:   Schedule 14D-1           Date Filed:   November 16, 1999
</TABLE>


                         (Continued on following pages)




                                  Page 1 of 6

<PAGE>   3



CUSIP No.   NONE

1.       NAME OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)

                  AIMCO PROPERTIES, L.P.
                  84-1275721

2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP
                                                                       (a)  [ ]
                                                                       (b)  [X]
3.       SEC USE ONLY

4.       SOURCE OF FUNDS

                  WC, BK

5.       (CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
         PURSUANT TO ITEMS 2(d) OR 2(e))                                    [ ]

6.       CITIZENSHIP OR PLACE OF ORGANIZATION

                  Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON

         7.       SOLE VOTING POWER

                           --

         8.       SHARED VOTING POWER

                           13,677.50

         9.       SOLE DISPOSITIVE POWER

                           --

         10.      SHARED VOTING POWER

                           13,677.50

11.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
         PERSON
                           13,677.50

12.      CHECK IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
         SHARES                                                             [ ]

13.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)

                  Approximately 8.28%

14.      TYPE OF REPORTING PERSON

                  PN


                                  Page 2 of 6

<PAGE>   4



CUSIP No.   NONE

1.       NAME OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)

                  AIMCO-GP, INC.

2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP
                                                                       (a)  [ ]
                                                                       (b)  [X]
3.       SEC USE ONLY

4.       SOURCE OF FUNDS

                  Not Applicable

5.       (CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
         PURSUANT TO ITEMS 2(d) OR 2(e))                                    [ ]

6.       CITIZENSHIP OR PLACE OF ORGANIZATION

                  Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON

         7.       SOLE VOTING POWER

                           --

         8.       SHARED VOTING POWER

                           13,677.50

         9.       SOLE DISPOSITIVE POWER

                           --

         10.      SHARED VOTING POWER

                           13,677.50

11.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
         PERSON
                           13,677.50

12.      CHECK IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
         SHARES                                                             [ ]

13.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)

                    Approximately 8.28%

14.      TYPE OF REPORTING PERSON

                    CO



                                  Page 3 of 6

<PAGE>   5


CUSIP No.   NONE

1.       NAME OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)

                  APARTMENT INVESTMENT AND MANAGEMENT COMPANY
                  84-129577

2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP
                                                                        (a) [ ]
                                                                        (b) [X]
3.       SEC USE ONLY

4.       SOURCE OF FUNDS

                  Not Applicable

5.       (CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
         PURSUANT TO ITEMS 2(d) OR 2(e))                                    [ ]

6.       CITIZENSHIP OR PLACE OF ORGANIZATION

                  Maryland

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON

         7.       SOLE VOTING POWER

                           --

         8.       SHARED VOTING POWER

                           70,565

         9.       SOLE DISPOSITIVE POWER

                           --

         10.      SHARED VOTING POWER

                           70,565

11.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
         PERSON
                           70,565

12.      CHECK IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
         SHARES
                                                                            [ ]
13.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)

                     Approximately 42.72%

14.      TYPE OF REPORTING PERSON

                     CO

                                  Page 4 of 6

<PAGE>   6



       AMENDMENT NO. 2 TO SCHEDULE 14D-1/AMENDMENT NO. 16 TO SCHEDULE 13D


         This Statement (the "Statement") constitutes (a) Amendment No. 2 to the
initial Schedule 14D-1 of AIMCO Properties, L.P. (the "AIMCO OP"), relating to
AIMCO OP's Litigation Settlement Offer to purchase units of limited partnership
interest ("Units") of Consolidated Capital Properties III (the "Partnership");
and (b) Amendment No. 16 to the Schedule 13D (the "Schedule 13D") originally
filed with the Securities and Exchange Commission (the "Commission") on January
24, 1995, by Insignia, CCP III Acquisition, L.L.C. ("CCP III") and Insignia
Financial Group, Inc. ("Insignia"), as amended by (i) Amendment No. 1, filed
with the Commission on April 25, 1997, by Insignia, Insignia Properties, L.P.
("IPLP"), Insignia Properties Trust ("IPT"), CCP III, and Andrew L. Farkas, (ii)
Amendment No. 2, filed with the Commission on July 8, 1997, by IPLP, IPT, CCP
III, Insignia, and Andrew L. Farkas, (iii) Amendment No. 3, filed with the
Commission on July 30, 1998, by Cooper River Properties, L.L.C. ("Cooper
River"), IPLP, IPT, Insignia and Andrew L. Farkas, (iv) Amendment No. 4, filed
with the Commission on August 18, 1998, Cooper River, IPLP, IPT, Insignia, and
Andrew L. Farkas, (v) Amendment No. 5, filed with the Commission on August 27,
1998, Cooper River, IPLP, IPT, Insignia, and Andrew L. Farkas, (vi) Amendment
No. 6, filed with the Commission on September 2, 1998, Cooper River, IPLP, IPT,
Insignia, and Andrew L. Farkas, (vii) Amendment No. 7, filed with the Commission
on September 9, 1998, Cooper River, IPLP, IPT, Insignia, and Andrew L. Farkas,
(viii) Amendment No. 8, filed with the Commission on September 21, 1998, Cooper
River, IPLP, IPT, Insignia, and Andrew L. Farkas, (ix) Amendment No. 9, filed
with the Commission on October 31, 1998, by AIMCO OP, AIMCO-GP, Inc.
("AIMCO-GP"), and Apartment Investment and Management Company ("AIMCO"), (x)
Amendment No. 10, filed with the Commission on January 22, 1999, by Cooper
River, IPLP, IPT, AIMCO OP, AIMCO-GP and AIMCO, (xi) Amendment No. 11, filed
with the Commission on May 27, 1999, by Cooper River, AIMCO/IPT, Inc.
("AIMCO/IPT"), IPLP, AIMCO OP, AIMCO-GP and AIMCO, (xii) Amendment No. 12, filed
with the Commission on July 1, 1999, by Cooper River, AIMCO/IPT, AIMCO OP,
AIMCO-GP and AIMCO, (xiii) Amendment No. 13, filed with the Commission on August
6, 1999, by Cooper River, AIMCO/IPT, AIMCO OP, AIMCO-GP and AIMCO, (xiv)
Amendment No. 14, filed with the Commission on November 16, 1999, by Cooper
River, AIMCO/IPT, AIMCO OP, AIMCO-GP and AIMCO, and (xv) Amendment No. 15, dated
December 16, 1999, by Cooper River, AIMCO/IPT, IPLP, AIMCO OP, AIMCO-GP and
AIMCO. Cooper River, AIMCO/IPT, AIMCO OP, AIMCO-GP and AIMCO are herein referred
to as the "Reporting Persons." The item numbers and responses thereto are set
forth below in accordance with the requirements of Schedule 14D-1.

ITEM 6.  INTEREST IN SECURITIES OF THE SUBJECT COMPANY.

         At midnight, New York time, on Thursday, December 30, 1999, the offer
expired pursuant to its terms. A total of 8,236.50 Units, representing
approximately 4.99% of the outstanding Units, were validly tendered and not
withdrawn pursuant to the offer. AIMCO OP has accepted for payment all of those
Units at $41.34 per Unit.



                                  Page 5 of 6
<PAGE>   7


                                    SIGNATURE

         After due 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.

Dated: January 10, 2000

                                       COOPER RIVER PROPERTIES, L.L.C.

                                       By: /s/ Patrick J. Foye
                                           -------------------------------------
                                           Executive Vice President

                                       AIMCO/IPT, INC.

                                       By: /s/ Patrick J. Foye
                                           -------------------------------------
                                           Executive Vice President

                                       INSIGNIA PROPERTIES, L.P.

                                       By: AIMCO/IPT, INC.
                                           (General Partner)

                                       By: /s/ Patrick J. Foye
                                           -------------------------------------
                                           Executive Vice President

                                       AIMCO PROPERTIES, L.P.

                                       By: AIMCO-GP, INC.
                                           (General Partner)

                                       By: /s/ Patrick J. Foye
                                           -------------------------------------
                                           Executive Vice President

                                       AIMCO-GP, INC.

                                       By: /s/ Patrick J. Foye
                                           -------------------------------------
                                           Executive Vice President

                                       APARTMENT INVESTMENT
                                       AND MANAGEMENT COMPANY

                                       By: /s/ Patrick J. Foye
                                           -------------------------------------
                                           Executive Vice President

                                  Page 6 of 6





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