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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
BONNEVILLE PACIFIC CORPORATION
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(Name of issuer)
Common Stock, $0.01 Par Value
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098904 10 5
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(Cusip Number)
May 11, 1999
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(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[X] Rule 13d-1(c) [ ] Rule 13d-1(d) [ ] Rule 13d-1(b)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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CUSIP NO. 098904-10-5 SCHEDULE 13G PAGE 2 OF 9 PAGES
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1. NAME OF REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION
NO. OF ABOVE PERSON
LAKEWAY CAPITAL PARTNERS, LLC
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [X]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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5. SOLE VOTING POWER
0
NUMBER OF --------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 392,407
EACH --------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 0
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8. SHARED DISPOSITIVE POWER
392,407
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
392,407
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.43%
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12. TYPE OF REPORTING PERSON*
00 - LIMITED LIABILITY COMPANY
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CUSIP NO. 098904-10-5 SCHEDULE 13G PAGE 3 OF 9 PAGES
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1. NAME OF REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION
NO. OF ABOVE PERSON
YAUPON PARTNERS, L.P.
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [X]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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5. SOLE VOTING POWER
0
NUMBER OF --------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 378,407
EACH --------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 0
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8. SHARED DISPOSITIVE POWER
378,407
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
378,407
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.24%
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12. TYPE OF REPORTING PERSON*
PN
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CUSIP NO. 098904-10-5 SCHEDULE 13G PAGE 4 OF 9 PAGES
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1. NAME OF REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION
NO. OF ABOVE PERSON
YAUPON PARTNERS II, L.P.
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [X]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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5. SOLE VOTING POWER
0
NUMBER OF --------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 14,000
EACH --------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 0
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8. SHARED DISPOSITIVE POWER
14,000
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,000
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
.27%
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12. TYPE OF REPORTING PERSON
PN
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CUSIP NO. 098904-10-5 SCHEDULE 13G PAGE 5 OF 9 PAGES
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1. NAME OF REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION
NO. OF ABOVE PERSON
ROBERT F. LIETZOW, JR.
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [X]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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5. SOLE VOTING POWER
19,379
NUMBER OF --------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 392,407
EACH --------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 19,379
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8. SHARED DISPOSITIVE POWER
392,407
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
411,786
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.70%
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12. TYPE OF REPORTING PERSON
IN
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CUSIP NO. 098904-10-5 SCHEDULE 13G PAGE 6 OF 9 PAGES
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ITEM 1.
(a) Name of Issuer: Bonneville Pacific Corporation
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(b) Address of Issuer's Principal Executive Offices:
50 West Broadway, Suite 300, Salt Lake, Utah 84101
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ITEM 2.
(a) Name of Persons Filing:
(b) Address of Principal Business Office or, if none, Residence:
(c) Citizenship:
(i) Lakeway Capital Partners, LLC, a Delaware limited liability
company ("Lakeway").
(ii) Robert F. Lietzow, Jr., a United States citizen.
(iii) Yaupon Partners, L.P., a Delaware limited partnership
("Yaupon").
(iv) Yaupon Partners II, L.P., a Delaware limited partnership
("Yaupon II").
(b), (c) and (f) Each of the Reporting persons has a business
address of 660 Madison Avenue, 20th Floor, New York, New York 10021.
(d) Title of Class of Securities: common stock, $0.01 par value
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(e) CUSIP Number: 098904-10-5
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ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D-2(B), CHECK
WHETHER THE PERSON FILING IS A:
(a) [ ] Broker or Dealer registered under Section 15 of the Act
(b) [ ] Bank as defined in section 3(a)(6) of the Act
(c) [ ] Insurance Company as defined in section 3(a)(19) of the Act
(d) [ ] Investment Company registered under section 8 of the Investment
Company Act of 1940
(e) [ ] Investment Adviser registered under section 203 of the Investment
Advisers Act or under the laws of any State
(f) [ ] Employee Benefit Plan, Pension fund which is subject to the
provisions of the Employee Retirement Income Security Act of
1974 or Endowment Fund; see ss.240.13d-1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance with ss.240.13d-1(b)(ii)(G)
(Note: See Item 7)
(h) [ ] A Savings Association as defined in Section 3(b) of the Federal
Deposit Insurance Act
(i) [ ] A Church Plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act of 1940
(j) [ ] Group, in accordance with ss.240.13d-1(b)(1)(ii)(J)
If this statement is filed pursuant to ss.240.13d-1(c), check this box [X].
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CUSIP NO. 098904-10-5 SCHEDULE 13G PAGE 7 OF 9 PAGES
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ITEM 4. OWNERSHIP
Provide the following information as of that date and identify those
shares which there is a right to acquire.
LAKEWAY CAPITAL PARTNERS, LLC*
(a) Amount Beneficially Owned: 392,407
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(b) Percent of Class: 5.43%
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(c) Number of shares as to which such person has:
(i)sole power to vote or to direct the vote: 0
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(ii)shared power to vote or to direct the vote: 392,407
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(iii)sole power to dispose or to direct the disposition of: 0
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(iv) shared power to dispose or to direct the disposition of: 392,407
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ROBERT F. LIETZOW, JR.**
(a) Amount Beneficially Owned: 411,786
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(b) Percent of Class: 5.70%
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(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 19,379
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(ii) shared power to vote or to direct the vote: 392,407
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(iii)sole power to dispose or to direct the disposition of: 19,379
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(iv) shared power to dispose or to direct the disposition of: 392,407
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YAUPON PARTNERS, L.P.
(a) Amount Beneficially Owned: 378,407
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(b) Percent of Class: 5.24%
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(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 0
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(ii) shared power to vote or to direct the vote: 378,407
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(iii)sole power to dispose or to direct the disposition of: 0
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(iv) shared power to dispose or to direct the disposition of: 378,407
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YAUPON PARTNERS II, L.P.
(a) Amount Beneficially Owned: 14,000
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(b) Percent of Class: .19%
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(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 0
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(ii) shared power to vote or to direct the vote: 14,000
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(iii)sole power to dispose or to direct the disposition of: 0
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(iv) shared power to dispose or to direct the disposition of: 14,000
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*Shares reported for Lakeway Capital Partners, LLC include shares beneficially
owned by Yaupon Partners, L.P. ("Yaupon") and Yaupon Partners II, L.P. ("Yaupon
II"), of which Lakeway Capital Partner, LLC is the General Partner.
**Shares reported for Robert F. Lietzow, Jr. include shares beneficially owned
by Yaupon and Yaupon II, which entities may be deemed to be controlled by Mr.
Lietzow, who is the Managing Member of Lakeway Capital Partners, LLC, the sole
General Partner of Yaupon and Yaupon II.
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CUSIP NO. 098904-10-5 SCHEDULE 13G PAGE 8 OF 9 PAGES
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Instruction: For computations regarding securities which represent a right to
acquire an underlying security see Rule 13d-3(d)(1).
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following [ ].
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not Applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not Applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not Applicable
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CUSIP NO. 098904-10-5 SCHEDULE 13G PAGE 9 OF 9 PAGES
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Item 10. Certification
By signing below, I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I hereby
certify that the information set forth in this statement is true, complete and
correct.
Dated this 20th day of May, 1999.
Robert F. Lietzow, Jr.
By: /s/ Robert F. Lietzow, Jr.
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Robert F. Lietzow, Jr.
Lakeway Capital Partners, LLC
By: /s/ Robert F. Lietzow, Jr.
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Robert F. Lietzow, Jr., Managing Member
Yaupon Partners, L.P.
By: Lakeway Capital Partners, LLC,
its sole general partner
By: /s/ Robert F. Lietzow, Jr.
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Robert F. Lietzow, Jr., Managing Member
Yaupon Partners II, L.P.
By: Lakeway Capital Partners, LLC,
its sole general partner
By: /s/ Robert F. Lietzow, Jr.
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Robert F. Lietzow, Jr., Managing Member
