SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 14D-1
TENDER OFFER STATEMENT PURSUANT TO SECTION 14(D)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
(Final Amendment)
AND
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
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RESOURCES ACCRUED MORTGAGE INVESTORS L.P.-SERIES 86
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(Name of Subject Company)
BIGHORN ASSOCIATES LLC
PRESIDIO CAPITAL INVESTMENT COMPANY, LLC
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(Bidders)
UNITS OF LIMITED PARTNERSHIP INTEREST
(Title of Class of Securities)
NONE
(Cusip Number of Class of Securities)
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David King
Presidio Capital Investment Company, LLC
527 Madison Avenue
New York, New York 10022
(212) 319-3400
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications on Behalf of Bidders)
Copy to:
David J. Heymann
Post & Heymann, LLP
100 Jericho Quadrangle
Jericho, New York 11753
(516) 681-3636
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<PAGE>
CUSIP No. NONE 14D-1/A Page 2
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1. Name of Reporting Persons; I.R.S. Identification Nos. of Above Persons
Bighorn Associates LLC
11-3516771
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2. Check the Appropriate Box if a Member of a Group
(a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3. SEC Use Only
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4 Sources of Funds
WC
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5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(e) or 2(f) |_|
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6. Citizenship or Place of Organization
Delaware
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7. Aggregate Amount Beneficially Owned by Each Reporting Person
45,303
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8. Check if the Aggregate Amount in Row 7 Excludes Certain Shares |_|
- --------------------------------------------------------------------------------
9. Percent of Class Represented by Amount in Row 7
13.73%
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10. Type of Reporting Person
OO
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<PAGE>
CUSIP No. NONE 14D-1/A Page 3
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1. Name of Reporting Persons; I.R.S. Identification Nos. of Above Persons
Presidio Capital Investment Company, LLC
06-1509220
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4 Sources of Funds
N/A
- --------------------------------------------------------------------------------
5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(e) or 2(f) |_|
- --------------------------------------------------------------------------------
6. Citizenship or Place of Organization
Delaware
- --------------------------------------------------------------------------------
7. Aggregate Amount Beneficially Owned by Each Reporting Person
48,502*
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8. Check if the Aggregate Amount in Row 7 Excludes Certain Shares |_|
- --------------------------------------------------------------------------------
9. Percent of Class Represented by Amount in Row 7
14.7%
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10. Type of Reporting Person
CO
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* 45,303 units are owned by Bighorn Associates LLC, 1,389 units are owned by
T-Two Partnership Acquisition Company, L.P. and 1,810 are owned by
Presidio Partnership II Corp., all of which are directly or indirectly
100% owned by Presidio Capital Investment Company, LLC
<PAGE>
FINAL AMENDMENT TO SCHEDULE 14D-1 and SCHEDULE 13D
This Amendment constitutes (i) the Final Amendment to the Tender Offer
Statement on Schedule 14D-1 (the "Statement") filed with the Securities and
Exchange Commission on November 17, 1999 by Bighorn Associates LLC., a Delaware
limited liability company (the "Purchaser"), and Presidio Capital Investment
Company LLC ("PCIC"), as amended by Amendment No. 1 thereto filed with the
Securities and Exchange Commission on November 30, 1999, and as further amended
by Amendment No. 2 thereto filed with the Securities and Exchange Commission on
December 14, 1999, relating to the tender offer by the Purchaser to purchase up
to 148,000 outstanding units of limited partnership interest ("Units") of
Resources Accrued Mortgage Investors L.P.-Series 86 (the "Partnership"), at a
purchase price of $22 per Unit, net to the seller in cash, upon the terms and
subject to the conditions set forth in the Offer to Purchase dated November 17,
1999, , as Supplemented by Supplement No. 1 thereto dated December 14, 1999 (the
"Offer to Purchase") and the related Letter of Transmittal (which, together with
any supplements or amendments, collectively constitute the "Offer"), and (ii)
the Purchaser's and PCIC's initial filing on Schedule 13D under Section 13(d) of
the Securities Exchange Act of 1934, as amended. The item numbers and responses
thereto set forth below are in accordance with the requirements of Schedule 14D-
1.
ITEM 4. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Item 4 is hereby amended to add the following:
The total amount of funds required by the Purchaser to purchase aaa Units
pursuant to the Offer, excluding related fees and expenses, was $996,666.
ITEM 6. INTEREST IN SECURITIES OF THE SUBJECT COMPANY.
Item 6 is hereby amended to add the following:
The Offer by the Purchaser for up to 148,000 Units expired 12:00 midnight,
New York City time, on December 31, 1999. Pursuant to the Offer, the Purchaser
purchased 45,303 Units, constituting approximately 13.73% of the outstanding
Units. As a result, the Purchaser and its affiliates now own an aggregate of
48,502 Units constituting approximately 14.7% of the outstanding Units.
4
<PAGE>
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.
BIGHORN ASSOCIATES LLC
By: Presidio Capital Investment
Company, LLC, member
By /s/ David King
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David King
President
PRESIDIO CAPITAL INVESTMENT
COMPANY, LLC
By /s/ David King
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David King
President
Dated: January 4, 2000
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