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OMB APPROVAL
FORM 3 OMB Number..3235-0104
Expires:December 31, 2001
Estimated average burden
hours per response 0.5
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f)
of the Investment Company Act of 1940
1. Name and Address of Reporting Person
West Putnam Housing Investors LLC
599 West Putnam Avenue
Greenwich Connecticut 06830
2. Date of Event Requiring Statement (Month/Day/Year)
08/21/00
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
Secured Income L.P.
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director (X) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
6. If Amendment, Date of Original (Month/Day/Year)
7. Individual or Joint/Group Filing (Check Applicable Line)
( ) Form filed by One Reporting Person
(X) Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned |
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1. Title of Security |2. Amount of |3. Ownership |4. Nature of Indirect |
| Securities | Form: | Beneficial Ownership |
| Beneficially | Direct(D) or | |
| Owned | Indirect(I) | |
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<S> <C> <C> <C>
Units of limited partnership interest | 227,178 | D,I | (1) |
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*If form is filed by more than one reporting person, see Instruction 5(b)(v). (over)
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-96)
</TABLE>
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<TABLE>
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Table II -- Derivative Securitites Beneficially Owned |
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1.Title of Derivative |2.Date Exer- |3.Title and Amount | |4. Conver-|5. Owner- |6. Nature of Indirect |
Security | cisable and | of Underlying | |sion or |ship | Beneficial Ownership |
| Expiration | Securities | |exercise |Form of | |
| Date(Month/ |-----------------------|---------|price of |Deriv- | |
| Day/Year) | |Amount |deri- |ative | |
| Date | Expira- | |or |vative |Security: | |
| Exer- | tion | Title |Number of|Security |Direct(D) or | |
| cisable | Date | |Shares | |Indirect(I) | |
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<S> <C> <C> <C> <C> <C> <C> <C>
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</TABLE>
Explanation of Responses:
Explanation of Responses: (1) West Putnam Housing Investors LLC ("West Putnam")
and Richard P. Richman may be deemed to beneficially own an aggregate of 227,178
Units. West Putnam directly holds 40,961 of such Units, and West Putnam Housing
Investors II LLC ("West Putnam II") directly holds 186,217 Units which it
accepted for purchase on August 21, 2000 from a tender offer which expired on
August 18, 2000. West Putnam is the sole managing member of West Putnam II and
may therefore be deemed to be a beneficial owner of all Units that West Putnam
II holds directly. Mr. Richman is the sole managing member of West Putnam and
may therefore be deemed to be a beneficial owner of all Units that West Putnam
and West Putnam II hold directly. West Putnam and Mr. Richman disclaim
beneficial ownership of the Units that they may be deemed to own beneficially by
reason of these relationships, except to the extent of their direct economic
interests.
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
West Putnam Housing Investors LLC, its managing member
By: Richard P. Richman, its managing member
/s/ Richard P. Richman 08/31/00
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**Signature of Reporting Person Date
Note: File three copies of this Form, one of which must be manually signed. If
space provided is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
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Joint Filer Information
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Name: West Putnam Housing Investors II LLC
Address: 599 West Putnam Avenue, Greenwich, CT 06830
Designated Filer: West Putnam Housing Investors II LLC
Statement for Month/Year: 8/00
Issuer and Ticker Symbol: Secured Income L.P.
Signature:
West Putnam Housing Investors II LLC
By: West Putnam Housing Investors LLC, its Managing Member
By: /s/ Richard P. Richman 08/31/00
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Richard P. Richman Date
Managing Member
Name: Richard P. Richman
Address: 599 West Putnam Avenue, Greenwich, CT 06830
Designated Filer: West Putnam Housing Investors II LLC
Statement for Month/Year: 8/00
Issuer and Ticker Symbol: Secured Income L.P.
Signature:
/s/ Richard P. Richman 08/31/00
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Richard P. Richman Date
