ANGELES OPPORTUNITY PROPERTIES LTD
SC 14D1/A, 2000-01-13
REAL ESTATE
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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. 6)

                      ANGELES OPPORTUNITY PROPERTIES, LTD.
                            (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*     $4,548,443.34           Amount of Filing Fee: $909.69

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

*        For purposes of calculating the fee only. This amount assumes the
         purchase of 10,207 units of limited partnership interest of the subject
         partnership for $445.62 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.


Amount Previously Paid:               Filing Parties:


Form or Registration No.:             Date Filed:




                         (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

                           3,655

         9.       SOLE DISPOSITIVE POWER

                           --

         10.      SHARED VOTING POWER

                           3,655

11.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                           3,655

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

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

                  Approximately 29.12%

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

                           3,655

         9.       SOLE DISPOSITIVE POWER

                           --

         10.      SHARED VOTING POWER

                           3,655

11.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                           3,655

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

                    Approximately 29.12%

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

                           5,029

         9.       SOLE DISPOSITIVE POWER

                           --

         10.      SHARED VOTING POWER

                           5,029

11.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                           5,029

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

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

                     Approximately 49.39%

14.      TYPE OF REPORTING PERSON

                  CO


                                   Page 4 of 6

<PAGE>   6



        AMENDMENT NO. 2 TO SCHEDULE 14D-1/AMENDMENT NO. 6 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 Angeles Opportunity Properties, Ltd. (the
"Partnership"); and (b) Amendment No. 6 to the Schedule 13D (the "Schedule 13D")
originally filed with the Securities and Exchange Commission (the "Commission")
on December 22, 1998, by Insignia Properties, L.P. ("IPLP"), Insignia Properties
Trust ("IPT"), Cooper River Properties, L.L.C. ("Cooper River"), AIMCO OP,
AIMCO-GP, Inc. ("AIMCO-GP") and Apartment Investment and Management Company
("AIMCO"), as amended by (i) Amendment No. 1, filed with the Commission on May
14, 1999, by Cooper River, AIMCO/IPT, Inc. ("AIMCO/IPT"), IPLP, AIMCO OP,
AIMCO-GP and AIMCO, (ii) Amendment No. 2, filed with the Commission on July 1,
1999, by Cooper River, AIMCO/IPT, IPLP, AIMCO OP, AIMCO-GP and AIMCO, (iii)
Amendment No. 3, filed with the Commission on August 6, 1999, by Cooper River,
AIMCO/IPT, IPLP, AIMCO OP, AIMCO-GP, and AIMCO and (iv) Amendment No. 4, filed
with the Commission on November 15, 1999, by Cooper River, Madison River,
AIMCO/IPT, IPLP, AIMCO OP, AIMCO-GP and AIMCO , and (v) Amendment No.5, dated
December 16, 1999, by Cooper River, Madison River, AIMCO/IPT, IPLP, AIMCO OP,
AIMCO-GP and AIMCO. Cooper River, Madison River, AIMCO/IPT, IPLP, 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 2,811 Units, representing
approximately 22.40% 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 $449.44 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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