<PAGE>
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): June 3, 1996
WINDSOR PARK PROPERTIES 2, A CALIFORNIA LIMITED PARTNERSHIP
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(Exact name of registrant as specified in its charter)
California 0-15698 33-0054332
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(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification No.)
incorporation)
120 W. Grand Avenue, Suite 202, Escondido, CA 92025
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (619) 746-2411
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Item 2. Acquisition or Disposition of Assets
------------------------------------
On June 3, 1996 Windsor Park Properties 2, A California Limited Partnership (the
Partnership), sold the Edgewood manufactured home community (the Community),
located in Oklahoma City, Oklahoma. The Community was originally acquired in
August 1985 at a total purchase price of $1,798,600, including acquisition fees
and other costs. The Community contains 145 manufactured home spaces.
The Community was sold for approximately $100,700 (net of sale and closing costs
of $9,300). The sales price was arrived at through an arms-length bargaining
process with the purchaser, Vestina Group 1, L.L.C., an Oklahoma Limited
Liability Company. None of the registrant's general partners or their
affiliates are associated with the purchaser of the Community.
The Partnership realized an accounting loss from the sale of the Community of
approximately $6,000, computed as follows:
<TABLE>
<S> <C>
Net selling price $ 100,700
Net book value (106,700)
-------------
Loss on sale of investment property $ (6,000)
=============
</TABLE>
The Edgewood manufactured home community was the last investment property owned
by the Partnership. The general partners currently intend to make a final
distribution of sale proceeds and cash reserves in December 1996, and wind up
the affairs of the Partnership at that time.
2
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Item 7. Financial Statements, Proforma Financial Information and Exhibits
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(a) Financial statements of business acquired - not applicable
(b) Proforma Financial Information of Windsor Park Properties 2
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(i) Proforma Balance Sheet at March 31, 1996 (unaudited)
(ii) Proforma Statement of Operations for the year ended
December 31, 1995 (unaudited)
(iii) Proforma Statement of Operations for the three months ended
March 31, 1996 (unaudited)
(c) Exhibits
--------
(10) Material Contract
Purchase Agreement dated March 15, 1996
3
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Item 7(b)(i) - Proforma Financial Information
- ---------------------------------------------
The following unaudited condensed proforma balance sheet presents the financial
position of Windsor Park Properties 2 on March 31, 1996, assuming that the sales
of the Edgewood and Pinecrest manufactured home communities occurred on that
date. The Pinecrest community was sold on May 7, 1996.
This statement should be read in conjunction with the other proforma financial
statements and notes thereto and the discussion of the property contained in
Item 2, included elsewhere in this Form 8-K.
<TABLE>
<CAPTION>
Windsor Park Properties 2
-------------------------
Proforma Balance Sheet
March 31, 1996
(unaudited)
Sale of
Edgewood and Proforma
March 31, 1996 Pinecrest March 31, 1996
------------------ ------------ --------------
<S> <C> <C> <C>
ASSETS
- ------
Property held for
sale - net $ 781,200 $ (781,200) $
Cash 416,100 877,000 1,293,100
Other assets 19,200 (19,200)
------------------ ------------ --------------
$ 1,216,500 $ 76,600 $ 1,293,100
================== ============ ==============
LIABILITIES AND
- ---------------
PARTNERS' EQUITY
- ----------------
Accounts payable
and other liabilities $ 56,600 $ (37,900) $ 18,700
Partners' equity 1,159,900 114,500 1,274,400
------------------ ------------ --------------
$ 1,216,500 $ 76,600 $ 1,293,100
================== ============ ==============
</TABLE>
See accompanying notes to proforma balance sheet.
4
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Windsor Park Properties 2
-------------------------
Notes to Proforma Balance Sheet
March 31, 1996
(unaudited)
NOTE 1. Basis of Presentation
---------------------
The unaudited condensed proforma balance sheet of Windsor Park Properties 2 (the
Partnership) presents the financial position of the Partnership on March 31,
1996, assuming that the sales of the Edgewood and Pinecrest manufactured home
communities occurred on that date. The Pinecrest community was sold on May 7,
1996.
NOTE 2: Proforma Adjustments
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(a) Property Held for Sale
----------------------
This adjustment eliminates the net book values of the Edgewood and
Pinecrest manufactured home communities at March 31, 1996.
(b) Cash
----
This adjustment represents the approximate net proceeds received from the
sales of the Edgewood and Pinecrest communities.
(c) Other Assets
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The adjustment eliminates other assets relating to the Edgewood and
Pinecrest communities on March 31, 1996.
(d) Accounts Payable and Other Liabilities
--------------------------------------
The adjustment eliminates accounts payable and other liabilities relating
to the Edgewood and Pinecrest communities on March 31, 1996.
(e) Partners' Equity
----------------
This adjustment represents the net gain on sale which would have been
realized by the Partnership had the Edgewood and Pinecrest communities been
sold on March 31, 1996. The Partnership incurred a loss of $6,000 from the
sale of Edgewood, and realized a gain of $120,500 from the sale of
Pinecrest.
5
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Item 7(b)(ii) - Proforma Financial Information
- ----------------------------------------------
The following unaudited condensed proforma statement of operations presents the
results of operations of Windsor Park Properties 2 (the Partnership) for the
year ended December 31, 1995 assuming that the sales of the Edgewood and
Pinecrest manufactured home communities occurred on January 1, 1995. The
Pinecrest community was sold on May 7, 1996. The proforma statement of
operations does not present the net gain on sale of investment property which
the Partnership realized from the sales.
This statement should be read in conjunction with the other proforma financial
statements and notes thereto and the discussion of the property contained in
Item 2 included elsewhere in this Form 8-K
Windsor Park Properties 2
-------------------------
Proforma Statement of Operations
For the Year Ended December 31, 1995
(unaudited)
<TABLE>
<CAPTION>
Sale of
Edgewood Proforma
Year Ended and Year Ended
December 31, 1995 Pinecrest December 31, 1995
------------------ ------------- -----------------
<S> <C> <C> <C>
Revenues:
- --------
Rent and utilities $ 476,100 $ (476,100) $
Interest 27,000 27,000
Other 30,200 (30,200)
------------------ ------------- -----------------
533,300 (506,300) 27,000
------------------ ------------- -----------------
Expenses:
- --------
Property operating 463,500 (463,500)
Depreciation and amortization 64,100 (64,100)
General and administrative 72,900 72,900
Provision for loss in value 90,000 (90,000)
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690,500 (617,600) 72,900
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Net Loss $ (157,200) $ 111,300 $ (45,900)
================== ============= =================
Net Loss - Limited Partners $ (155,600) $ 110,200 $ (45,400)
================== ============= =================
Net Loss
- Per Limited Partnership Unit $ (1.04) $ 0.74 $ (0.30)
================== ============= =================
</TABLE>
See accompanying notes to proforma statement of operations.
6
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Windsor Park Properties 2
-------------------------
Notes to Proforma Statement of Operations
For the Year Ended December 31, 1995
(unaudited)
NOTE 1. Basis of Presentation
---------------------
The unaudited condensed proforma statement of operations of Windsor Park
Properties 2 (the Partnership) presents the results of operations for the
Partnership for the year ended December 31, 1995 assuming that the sales of the
Edgewood and Pinecrest manufactured home communities occurred on January 1,
1995. The Pinecrest community was sold on May 7, 1996. The proforma statement
of operations does not present the net gain on sale of investment property which
the Partnership realized from the sales.
NOTE 2. Proforma Adjustments
--------------------
(a) Rent and Utilities/Other Revenues
---------------------------------
These adjustments eliminate rent and utilities and other revenues relating
to the Edgewood and Pinecrest communities for the year ended December 31,
1995.
(b) Property Operating
------------------
This adjustment eliminates property operating expenses relating to the
Edgewood and Pinecrest communities for the year ended December 31, 1995.
(c) Depreciation and Amortization
-----------------------------
This adjustment eliminates depreciation and amortization expense relating
to the Edgewood and Pinecrest communities for the year ended December 31,
1995.
(d) Provision for Loss in Value
---------------------------
This adjustment eliminates a provision for estimated loss in value relating
to the Edgewood community for the year ended December 31, 1995.
7
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Item 7(b)(iii) - Proforma Financial Information
- -----------------------------------------------
The following unaudited condensed proforma statement of operations presents the
results of operations of Windsor Park Properties 2 (the Partnership) for the
three months ended March 31, 1996 assuming that the sales of the Edgewood and
Pinecrest manufactured home communities occurred on January 1, 1996. The
Pinecrest community was sold on May 7, 1996. The proforma statement of
operations does not present the net gain on sale of investment property which
the Partnership realized from the sales.
This statement should be read in conjunction with the other proforma financial
statements and notes thereto and the discussion of the property contained in
Item 2 included elsewhere in this Form 8-K.
Windsor Park Properties 2
-------------------------
Proforma Statement of Operations
For the Three Months Ended March 31, 1996
(unaudited)
<TABLE>
<CAPTION>
Proforma
Three Months Sale of Three Months
Ended Edgewood and Ended
March 31, 1996 Pinecrest March 31, 1996
---------------- ------------- -----------------
<S> <C> <C> <C>
Revenues:
- --------
Rent and utilities $ 122,600 $ (122,600) $
Interest 4,600 4,600
Other 13,700 (13,700)
---------------- ------------- -----------------
140,900 (136,300) 4,600
---------------- ------------- -----------------
Expenses:
- --------
Property operating 107,500 (107,500)
Depreciation and amortization 4,900 (4,900)
General and administrative 18,000 18,000
---------------- ------------- -----------------
130,400 (112,400) 18,000
---------------- ------------- -----------------
Net Income (Loss) $ 10,500 $ (23,900) $ (13,400)
================ ============= =================
Net Income (Loss) - Limited Partners $ 10,400 $ (23,700) $ (13,300)
================ ============= =================
Net Income (Loss)
- Per Limited Partnership Unit $ 0.07 $ (0.16) $ (0.09)
================ ============= =================
</TABLE>
8
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Windsor Park Properties 2
-------------------------
Notes to Proforma Statement of Operations
For the Three Months Ended March 31, 1996
(unaudited)
NOTE 1. Basis of Presentation
---------------------
The unaudited condensed proforma statement of operations of Windsor Park
Properties 2 (the Partnership) presents the results of operations for the
Partnership for the three months ended March 31, 1996 assuming that the sales of
the Edgewood and Pinecrest manufactured home communities occurred on January 1,
1996. The Pinecrest community was sold on May 7, 1996. The proforma statement
of operations does not present the net gain on sale of investment property which
the Partnership realized from the sales.
NOTE 2. Proforma Adjustments
--------------------
(a) Rent and Utilities/Other Revenues
---------------------------------
These adjustments eliminate rent and utilities and other revenues relating
to the Edgewood and Pinecrest communities for the three months ended March
31, 1996.
(b) Property Operating
------------------
This adjustment eliminates property operating expenses relating to the
Edgewood and Pinecrest communities for the three months ended March 31,
1996.
(c) Depreciation and Amortization
-----------------------------
This adjustment eliminates depreciation and amortization expense relating
to the Edgewood and Pinecrest communities for the three months ended March
31, 1996.
9
<PAGE>
PURCHASE AGREEMENT
THIS AGREEMENT, made and entered into this 15th day of March, 1996, by
---- ------
and between Windsor Corporation with and address of 120 West Grand Avenue,
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Escondido, California, 92025, (hereinafter referred to as Seller) and Vestina
- ----------------------------- --------
Group I, L.L.C. an Oklahoma Limited Liability Company with an address of 511
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Couch Drive, Suite 200, Oklahoma City, Oklahoma 73102 and/or assigns,
- ------------------------------------------------------
(hereinafter referred to as Buyer), in consideration for the covenants, promises
and agreements herein mentioned to be kept and performed in other good and
valuable consideration agrees as herein below stated.
WITNESSETH:
WHEREAS, it is the intention of the parties to cause the transfer of the
property to the Buyer in an as-is condition other than the warranties stated
herein. Seller is the owner of Edgewood Mobile Home Park located at 8801 SE
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29th, Midwest City, Oklahoma, consisting of about 145 individual mobile home
- ---------------------------- --------------------------------
rental spaces and 1 mobile home. The legal description of the Real Property and
- -------------
list of the related Personal Property are to be furnished to the Escrow Agent at
the time this agreement is placed in escrow.
WHEREAS, Seller and Buyer desire to enter into this Agreement whereby Buyer
will acquire and Seller will cause to have transferred the property upon the
terms and conditions hereinafter set forth; and
NOW THEREFORE, for and in consideration of the above premises, and of the
following terms, conditions and mutual covenants of the parties as hereinafter
stated; IT IS HEREBY AGREED:
1. PURCHASE AND CONVEYANCE. The Seller agrees to cause and have conveyed
-----------------------
by Special Warranty Deed, and the Buyer agrees to purchase all of Seller's
rights, title and interest in and to subject real property:
1.1 REAL PROPERTY. The land situated in Midwest City, Oklahoma County,
------------- -------------
Oklahoma, as described herein, together with all right, title and interest of
any Seller, in and to; (a) all public and private streets, roads, avenues,
alleys or passage-ways open to proposed, adjoining or abutting the land; (b) all
easement, appurtenances, rights and privileges belonging to or in any way
pertaining to the land; (C) water rights and the oil, gas and other minerals, if
any, which may underlie the land, and (d) the improvements, fixtures, personal
property and other items herein below described in paragraphs 1.2, 1.3 and 1.4.
1.2 IMPROVEMENTS FIXTURES. The property, together with all structures,
---------------------
improvements and appurtenances now located on the real property described in
paragraph 1.1, together with all fixtures and tangible personal property located
or affixed therein and used the ownership, operation and maintenance of said
real property, including without limitation any and all furnaces, radiators,
steam boilers, hot water boilers, heating equipment, oil burners, pipes, water
coolers, faucets, plumbing fixtures, fans, thermostats, carpeting, wiring, gas
and electric fixtures, air conditioning equipment, cooling equipment, motors,
awnings, maintenance equipment, signs, kitchen appliances, and all other
furniture, fixtures and tangible personal property including any kind and
description.
1.3 INTANGIBLE PERSONAL PROPERTY. All intangible personal property in the
----------------------------
possession of Seller and used in the ownership, operation and maintenance of the
real property, the buildings and improvements located thereon, including all
contractual rights, trade names, warranties, tenant deposits, instruments of
title pertaining to said property improvements and land.
1.4 MISCELLANEOUS. Any insurance proceeds or monies received by Seller
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for loss of damage to the real property or improvements thereon or fixtures
therein, made after the date hereon;
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and any award to be made in condemnation, eminent domain or public taking, or
any award to be made in lieu thereof, made after the date hereof, or an unpaid
award, for damages to all or part of the real property by reasons of any changes
of grade or access to any of the roads of right-of-way, and Seller shall execute
and deliver to Buyer at closing, or thereafter on demand, all instruments deemed
by Buyer to be necessary for the conveyance of such title or assignment and
collection of any such award.
2. PURCHASE PRICE. The purchase price shall be One Hundred and Ten
-------------- --------------------
Thousand Dollars ($ 110,000 ) for the real and personal property.
- ----------------- ---------
2.1 EARNEST MONEY DEPOSIT. Buyer shall deposit with the Escrow Agent
---------------------
within Five ( 5 ) business days of Seller's acceptance of this offer, Five
------ --- -----
Thousand DOLLARS ($ 5,000 ) with First American Title, formerly known as
- --------- -------
Southwest Title and Trust of Oklahoma City.
2.2 CLOSING. This transaction is to be an all cash transaction.
-------
3. TITLE. Within Fifteen ( 15 ) business days from the Sellers
----- --------- ----
execution of this agreement Seller will furnish to the Buyer a current
commitment (hereinafter called the "Title Commitment"), for an insurance of an
owner's title policy ALTA for to be purchased from First American Title,
(hereinafter the "Title Company"), together with good, legible copies of all
documents constituting exceptions to the Seller's title, as reflected in Title
Commitment. Buyer shall have fifteen (15) business days from receipt of the
Title Commitment to give written approval of said commitment and the documents
referred to therein as the condition or exception to the subject property, in
which to review such items, and to deliver to the Seller their written approval.
Should the Buyer not give written approval, this agreement shall be terminated
and the earnest money shall be immediately returned to the Buyer, upon Buyer
notification to the Title Company. The Seller herein believes, based upon
knowledge and belief, that title to the subject property is marketable and
insurable, and the Seller may, at his sole option, further agree to attempt to
correct any material objections that the Buyer requests in writing within the
fifteen days following notice. The Seller shall be given a period of up to
thirty days thereafter to correct any objections requested by the Buyer or, in
the alternative, the Seller at his option may elect to cancel the entire
transaction if the Seller in his sole discretion believes the objections would
be too difficult to correct if the Seller elects such option or the Seller is
unable to correct said objections this entire agreement shall be null and void
and of no further force of effect and the earnest money shall be returned in
full by the Title Company of Escrow Agent herein.
4. WARRANTY DEED. Property shall be conveyed by Special Warranty Deed
-------------
executed by the Seller. In addition, at the closing the Seller shall furnish
the Buyer with a non-foreign affidavit and a lien waiver in a form satisfactory
to the Title Company.
5. PRORATION. Seller shall pay all General Ad Valorem taxes prior to the
---------
year of closing. General Ad Valorem taxes payable during the calendar year of
closing shall be prorated on the basis of said year of closing. All past and
current special assessments which are due and payable, if any, shall be paid by
the Seller; all special assessments unmatured, shall be paid by the buyer.
6. LEASES. The parties understand that certain leases may be in
------
existence with respect to tenants of the real property. Buyer agrees to honor
such valid written leases as may be in affect. Buyer hereby agrees to indemnify
and hold Seller harmless from any and all claims which may be made by reasons of
failure to refund rental deposits by any and all tenants in and to the property.
7. RENTS, INSURANCE, UTILITIES, EXPENSES AND SALARIES. All rents,
--------------------------------------------------
interest, insurance, water, gas, electric bills, expenses and salaries, if any,
are to be adjusted to date of closing on the basis of thirty (30) business days
or receipt of said documents, the Seller to have the last day. The Buyer shall
receive credit for all security deposits in connection with the existing tenant
leases at
11
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the time of closing.
8. CLOSING COSTS. Seller agrees to pay for one-half of the abstracting
-------------
and title policy insurance at closing in the amount of sale price, one-half of
the documentary stamps, recording fees on Seller's behalf, Seller's attorney
fees and one-half of closer's fees, and any costs providing clear title, Buyer
shall pay one-half of closer's fee, one-half of the abstracting and title policy
insurance cost, and one-half of the documentary stamps, Buyer's attorney fees,
and recording fees on Buyer's behalf.
9. REALTOR'S COMMISSION. The Seller further agrees to indemnify the
--------------------
Buyer in connection with any alleged real estate commissions due by any other
broker in connection with this transaction as the Seller has not entered into
any agreement with any broker to list the subject property. The Buyer warrants
that they have not discussed or viewed the property with any real estate broker.
10. CONTINGENCIES. The Sale is subject to the Buyer's written approval of
-------------
the following items:
a. A rent roll containing the tenant's name, rental rate and any
concessions relating to the lease.
b. A copy of all leases and contractual obligations affecting the
subject property.
c. A copy of any warranties covering any equipment or personal
property of the subject property.
d. A copy of the survey.
e. An inventory of all the personal property.
f. A copy of the Operating Statements for 1995, 1994 and 1993,
prepared and signed by Sellers, including a list of any capital
expenditures on the subject property.
g. A copy of any mortgage or encumbrance on the subject property.
h. A physical inspection of the subject property which includes an
inspection of each lease area.
I. Occupancy Permit, covering the subject property.
j. All service contracts for the subject property as well as copies
of the last invoices for gas, electric and water/sewer service.
K. Title to manager's home.
L. Phase 1 environmental audit to be provided by Buyer
Seller shall furnish Items "a" through "k" as set forth above to the Buyer
within fifteen (15) business days of the execution of this Agreement. The Buyer
shall be given a total of thirty (30) days from receipt of Items "a" through "k"
to give their written approval of Items "a" through "k". Said written approval
shall be an unconditional written approval and should the Buyer fail to give the
written approval within the time period set forth, the entire Agreement shall be
null and void and of no further force or effect and the earnest money is to be
returned to the Buyer. The inspection period and Buyer's written approval
thereof may be extended for the completion of a Phase 1 environmental audit
(noted as item 10.L.)
11. "AS IS CONDITION". The parties agree that the Buyer shall acquire the
-----------------
real property in an "as is" condition. Buyer acknowledges buyer's thirty day
inspection period will allow ample opportunity to inspect the property and that,
except as expressly set forth in this agreement, neither seller nor its agents
have made any warranties or representations, express or implied, oral or
written, regarding any matter pertaining to the property or its use. Buyer
waives, and releases seller from, all private rights of action under federal,
state, local and common law, including the comprehensive environmental response
compensation and liability act, which buyer may have against seller arising out
of the past, present, or future presence of hazardous waste on the property or
arising out of the physical condition of the property or any adjacent property.
Buyer further assumes the risk of all
12
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changes in applicable laws and regulations relating to the past, presence of
hazardous wastes or conditions which may not be revealed in any environmental
report provided to or obtained by buyer under this agreement. Until possession
is delivered, Seller agrees to maintain the real property in the same general
condition that the property is at the time this agreement is executed. In
connection all physical and personal property at the subject property including
but not limited related equipment, heating, air conditioning, sewer, plumbing,
electrical system, and any built-in appliances and equipment, and to maintain
the grounds.
12. POSSESSION. Possession of the premises shall be delivered to the
----------
Buyer upon closing subject to the outstanding leases covering the subject
property as may be supplied to Buyer.
13. COOPERATION IN 1031 EXCHANGE. The Seller of the subject property
----------------------------
agrees to cooperate with the Buyer in connection with the Buyer affecting a 1031
Exchange providing the Seller does not incur any additional liability and the
economics of the transaction are the same.
14. CLOSING. The closing of this transaction shall take place on or
-------
before 60 days from the execution of this contract by both Buyer and Seller.
----------------------------------------------------------------------
15. NOTICES. Seller, based upon knowledge and belief, states that it has
-------
no actual notice of any violations relating to the premises from City, County or
State authorities.
16. DEFAULT. Seller's remedies in the event of a default under this
-------
contract by the Buyer and the Seller as the sole and exclusive remedy by
entitled to declare this contract terminated and receive the principle amount of
the earnest money and not any of the interest earned thereof as liquidated
damages for the Buyer's default. The parties hereby agree that said amount is
presumed to be the amount of damages sustained by a breach of this contract.
Seller specifically waives it's right to pursue the remedy of specific
performance provided, however, the Buyer shall not be deemed in default
hereunder unless and till the Seller provides Buyer with a written notice
specifying the default and the Buyer's failure to cure the default specified in
said notice within five (5) calendar days after receipt of said notice. Buyers'
remedies in the event of a default of the terms and conditions of this contract
by the Seller shall be to terminate the contract which the Buyer shall then
receive the earnest money in full, and at the Buyers option, the Buyer may seek
specific performance.
17. CONTRACT BINDING. This contract represents the entire Agreement
----------------
between the parties hereto. This contract is binding upon the heirs,
administrators, executors, devises and assigns for the parties hereto.
18. TIME ACCEPTANCE. The Buyer herein submits this Sales Agreement to the
---------------
Seller herein for acceptance on or before Thursday the 21st day of March , 1996
------------------- -------
at 5:00 p.m. If the Seller has not accepted the Purchase and Sales Agreement
------
with the dates specified herein, said Purchase and Sales Agreement shall be null
and void and of no further force or affect.
19. ENTIRE AGREEMENT. This is the entire Agreement between the parties
----------------
and there are no other representatives or warranties or inducements other than
those set forth herein and other than those submitted to the Buyer herein.
20. TIME IS OF THE ESSENCE. Seller and Buyer both agree that time is of
----------------------
the essence specifically to this agreement.
13
<PAGE>
21. CHOICE OF LAW. This offer and this contract shall be construed under
-------------
the laws of the State of Oklahoma.
----------
SELLER:
WINDSOR PARK PROPERTIES 2
A California Limited Partnership
By: The Windsor Corporation
a California corporation
As: General Partner
DATE: 3/25/96 BY: /s/ JOHN A. COSEO, JR.
-------- --------------------------------------------
JOHN A. COSEO, JR., CHIEF EXECUTIVE OFFICER
BUYER:
VESTINA GROUP I L.L.C.
an Oklahoma Limited Liability Company
DATE: 3/21/96 BY: /s/ MARK RUFFIN
-------- -------------------------------------------
MARK RUFFIN, MANAGER
14
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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.
WINDSOR PARK PROPERTIES 2
-------------------------
(Registrant)
By: The Windsor Corporation, General Partner
By /s/John A. Coseo, Jr.
-----------------------------------------------
JOHN A. COSEO, JR.
Chief Financial Officer
(Principal Accounting Officer)
Date: June 10, 1996
15
