Exhibit (a)(8)
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PRESS RELEASE
FOR IMMEDIATE RELEASE
MacKenzie Patterson, Inc.
1640 School Street, Suite 100
Moraga, California 94556
Telephone: 510-631-9100
June 30, 2000
PRICE FOR OFFER TO PURCHASE UNITS OF RIVERSIDE PARK ASSOCIATES LIMITED
PARTNERSHIP INCREASED TO $45,000 PER UNIT AND EXPIRATION DATE EXTENDED TO
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JULY 24, 2000
MP INCOME FUND 15, LLC; MP INCOME FUND 12, LLC; ACCELERATED HIGH YIELD
INSTITUTIONAL INVESTORS, LTD.; ACCELERATED HIGH YIELD INSTITUTIONAL FUND, LTD.;
MORAGA FUND 1, L.P.; AND MORAGA GOLD, LLC (collectively the "Purchasers") are
offering to purchase up to 60 Units of limited partnership interest (the
"Units") in RIVERSIDE PARK ASSOCIATES LIMITED PARTNERSHIP, a Delaware limited
partnership(the "Partnership"). The Purchasers have increased the purchase price
to $45,000 per Unit less the amount of any distributions declared or made with
respect to the Units between the Offer Date and the Expiration Date. In
addition, the Expiration Date of the Offer is extended to July 24, 2000.
As of June 30, 2000, no Units had been tendered to the Purchasers by security
holders and not withdrawn.
For further information, contact Christine Simpson at the above
telephone number.
