SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
SCHEDULE 13D
Amendment No. 9
Under the Securities Exchange Act of 1934
Decade Companies Income Properties -
a Limited Partnership
(Name of Issuer)
Limited Partnership Interests
(Title of Class of Securities)
None
(CUSIP Number)
Jeffrey L. Keierleber
c/o Decade Companies
Suite 140
250 North Patrick Boulevard
Brookfield, Wisconsin 53045
262-792-9200
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
With a copy to:
Conrad G. Goodkind, Esq.
Quarles & Brady LLP
411 East Wisconsin Avenue
Milwaukee, Wisconsin 53202
(414) 277-5000
March 31, 2000
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition
which is the subject of this Schedule 13D, and is filing this schedule because
of Rule 13d-1(b)(3)
or (4), check the following box [ ].
SCHEDULE 13D
I. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Jeffrey L. Keierleber
II. Check the Appropriate Box if a Member of a Group
(a) [X] (b) [ ]
III. SEC Use Only
IV. Source of funds
PF
V. Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
[ ]
VI. Citizenship or Place of Organization
United States
Number of Shares Beneficially Owned by Each Reporting Person With:
VII. Sole Voting Power
2,622.99
VIII. Shared Voting Power
-0-
IX. Sole Dispositive Power
2,622.99
X. Shared Dispositive Power
-0-
XI. Aggregate Amount Beneficially Owned by Each Reporting Person
2,630.99 (includes 8 interests owned by Decade Properties,
Inc.)
XII. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
[ ]
XIII. Percent of Class Represented by Amount in Row (11)
19.6%
XIV. Type of Reporting Person
IN
SCHEDULE 13D
I. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Decade Properties, Inc.
39-1375152
II. Check the Appropriate Box if a Member of a Group
(a) [X] (b) [ ]
III. SEC Use Only
IV. Source of funds
WC
V. Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
[ ]
VI. Citizenship or Place of Organization
Wisconsin
Number of Shares Beneficially Owned by Each Reporting Person With:
VII. Sole Voting Power
8
VIII. Shared Voting Power
-0-
IX. Sole Dispositive Power
8
X. Shared Dispositive Power
-0-
XI. Aggregate Amount Beneficially Owned by Each Reporting Person
8 (Does not include interests held directly by Jeffrey Keierleber)
XII. Check Box if the Aggregate Amount in Row (11) Excludes
Certain Shares
[ ]
XIII. Percent of Class Represented by Amount in Row (11)
.0597% (Does not include interests held directly by Jeffrey
Keierleber)
XIV. Type of Reporting Person
CO
ITEM 1. SECURITY AND ISSUER.
Name of Issuer and Address of Principal Executive Offices:
Decade Companies Income Properties -
A Limited Partnership ("DCIP")
c/o Decade Companies
250 Patrick Boulevard, Suite 140
Brookfield, Wisconsin 53045
Title of Security to which this statement relates:
Limited Partnership Interests ("Interests")
ITEM 2. IDENTITY AND BACKGROUND.
(a)-(c). This Amendment No. 9 to Schedule 13D is filed jointly on behalf of
Jeffrey L. Keierleber, an individual with a business office at 250 Patrick
Boulevard, Brookfield, Wisconsin 53045, and Decade Properties, Inc., a
Wisconsin corporation, with offices at 250 Patrick Boulevard, Brookfield,
Wisconsin 53045. Mr. Keierleber is the president, sole director,
and sole shareholder of Decade Properties, Inc., and the individual general
partner of Decade Companies, and is principally employed as the president of
Decade Properties, Inc. and general partner of numerous partnerships affiliated
with or sponsored by Decade Companies, including DCIP.
(d) and (e). During the last five years Mr. Keierleber and to the knowledge
of Decade Properties, Inc., any of Decade Properties, Inc.'s officers and
directors have not (i) been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors) or (ii) been a party to a civil
proceeding of a judicial or administrative body of competent jurisdiction and
as a result of such proceeding was or is subject to a judgment, decree or
final order enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws or finding any
violation with respect to such laws.
(f). Mr. Keierleber is a citizen of the United States.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
For transactions executed on or sixty days before March 31, 2000, and any
transactions thereafter, the total purchase price of Interests by Mr.
Keierleber was $43,752.50, which was paid from personal funds (as set forth
in the Schedule below).
Purchases on or 60 Days Before September 10, 1999 and Any Purchases
Thereafter
<TABLE>
<S> <C> <C> <C> <C>
Number of
Owner Date Interests Purchase price Total Paid
Jeffrey Keierleber 2/04/00 17.30 $550.00 per Interest $ 9,515.00
Jeffrey Keierleber 3/04/00 19.84 $550.00 per Interest 10,912.00
Jeffrey Keierleber 3/10/00 11.22 $550.00 per Interest 6,171.00
Jeffrey Keierleber 3/31/00 31.19 $550.00 per Interest 17,154.50
Total 79.55 $43,752.50
</TABLE>
ITEM 4. PURPOSE OF THE TRANSACTION.
Mr. Keierleber is the individual general partner of Decade Companies, the
general partnership that is the general partner of DCIP, and, prior to the
transactions described above, already controlled and managed DCIP. The
purpose of the above transactions, therefore, was the general periodic
accumulation of Interests.
No material changes in the issuer's assets, business or structure are
contemplated by Mr. Keierleber or Decade Properties, Inc. and no transactions of
the type in Items (a)-(j) are contemplated.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) and (b). Following his March 31, 2000 purchase of Interests, Mr.
Keierleber beneficially owns, and has the sole power to vote and dispose,
2,622.99 Interests (or approximately 19.6% of the outstanding Interests) (such
total includes eight Interests held by Decade Properties, Inc.)
(c). The table in Item 3 sets forth all transactions by Mr. Keierleber or
Decade Properties, Inc. with respect to the Interests during the 60 days
preceding March 31, 2000, and any transactions thereafter, and is incorporated
herein by reference.
(d). Decade Properties, Inc., a joint filer, holds, directly and indirectly,
eight of the outstanding Interests.
(e). Not Applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER.
None, except as previously disclosed or disclosed elsewhere.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
None.
DECADE PROPERTIES, INC.
By:/s/ Jeffrey L. Keierleber
Jeffrey L. Keierleber, President
JEFFREY L. KEIERLEBER
/s/ Jeffrey L. Keierleber
April 4, 2000
