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) July 6, 1998 (June 30, 1998)
Commission File Number 0-11655
NTS-PROPERTIES IV
(Exact name of registrant as specified in its charter)
Kentucky 61-1026356
(State or other jurisdiction of (I.R.S. Employer Identification
incorporation or organization) No.)
10172 Linn Station Road
Louisville, Kentucky 40223
(Address of principal executive (Zip Code)
offices)
Registrant's telephone number,
including area code (502) 426-4800
Not Applicable
Former name, former address and former fiscal year,
if changed since last report
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Item 5. Other Items
On February 1, 1996, NTS-Properties IV, Ltd.(the "Partnership") established an
Interest Repurchase Reserve pursuant to Section 16.4 of the Partnership's
Amended and Restated Agreement of Limited Partnership. Under Section 16.4,
limited partners may request the Partnership to repurchase their respective
interests (Units) in the Partnership.
As of June 30, 1998, NTS-Properties IV has elected to fund an additional amount
of $16,065 to bring its current Interest Repurchase Reserve to $73,185. With
this funding, the Partnership will be able to repurchase up to 357 Units at a
price of $205.00 per Unit. The Partnership intends to notify the limited
partners of the additional funding and of the new price by letter dated July 2
1998.
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SIGNATURES
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.
NTS-PROPERTIES IV
(Registrant)
BY: NTS-Properties Associates IV
BY: NTS Capital Corporation,
General Partner
/s/ Lynda J. Wilbourn
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Lynda J. Wilbourn
Vice President
Date: July 6, 1998
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