RIVERSIDE PARK ASSOCIATES LP
SC TO-T/A, EX-99.2, 2000-06-27
OPERATORS OF APARTMENT BUILDINGS
Previous: RIVERSIDE PARK ASSOCIATES LP, SC TO-T/A, EX-99.1, 2000-06-27
Next: VISTA FUNDS, N-30D, 2000-06-27









                                 Exhibit (a)(6)



<PAGE>



[To Be Published June 29, 2000 in Investors Business Daily]


This  announcement  is neither an offer to buy nor a solicitation of an offer to
sell  Units.  The Offer is being  made  solely by the formal  Offer to  Purchase
forwarded to Unitholders of record and is not being made to, nor will tenders be
accepted from or on behalf of, Unitholders residing in any jurisdiction in which
making or accepting the Offer would violate that  jurisdiction's  laws. In those
jurisdictions where the securities,  blue sky or other laws require the Offer to
be made by a licensed broker or dealer,  the Offer shall be deemed to be made on
behalf of Purchasers only by one or more registered  dealers  licensed under the
laws of such jurisdiction.

                  NOTICE OF OFFER TO PURCHASE FOR CASH UP TO 60
                      UNITS OF LIMITED PARTNERSHIP INTEREST
               OF RIVERSIDE PARK ASSOCIATES LP AT $41,000 PER UNIT
                                       by
     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")

The  Purchasers  are  offering  to  purchase  for cash up to 60 Units of Limited
Partnership  Interest of Riverside  Park  Associates LP ("Units") at $41,000 per
Unit upon the terms and subject to the conditions set forth in Purchasers' Offer
to Purchase and in the related Letter of Transmittal (which together  constitute
the "Offer" and the "Tender Offer Documents").

THE OFFER AND WITHDRAWAL RIGHTS EXPIRE AT 12:00 MIDNIGHT, PACIFIC DAYLIGHT TIME,
ON JULY 14, 2000, UNLESS THE OFFER IS EXTENDED.

     Funding  for the  purchase  of the  Units  will  be  provided  through  the
Purchasers'  existing working capital.  The Offer is not made for the purpose of
acquiring or influencing  control of the business of the issuer.  The Offer will
expire at 12:00  midnight,  Pacific  Standard Time on July 14, 2000,  unless and
until  Purchasers,  in their sole discretion,  shall have extended the period of
time for  which  the  Offer  is open  (such  date  and  time,  as  extended  the
"Expiration Date"). The Purchasers will not provide a subsequent offering period
following the Expiration Date. If Purchasers make a material change in the terms
of the Offer,  or if they waive a material  condition  to the Offer,  Purchasers
will extend the Offer and disseminate  additional  tender offer materials to the
extent required by Rules 14d-4(c) and 14d-6(d) under the Securities Exchange Act
of 1934, as amended (the  "Exchange  Act").  The minimum  period during which an
offer must remain open following any material  change in the terms of the Offer,
other than a change in price or a change in percentage of securities sought or a
change  in  any  dealer's  soliciting  fee,  will  depend  upon  the  facts  and
circumstances  including the  materiality of the change with respect to a change
in price or,  subject  to certain  limitations,  a change in the  percentage  of
securities  ought or a change in any dealer's  soliciting  fee. A minimum of ten
business  days from the date of such change is  generally  required to allow for
adequate    dissemination    to    Unitholders.    Accordingly,    if    prior


<PAGE>



to the Expiration  Date,  Purchasers  increase (other than increases of not more
than two percent of the outstanding Units) or decrease the number of Units being
sought, or increase or decrease the consideration offered pursuant to the Offer,
and if the Offer is  scheduled  to expire at any time  earlier  than the  period
ending on the tenth  business day from the date that notice of such  increase or
decrease is first  published,  sent or given to  Unitholders,  the Offer will be
extended at least until the  expiration of such ten business  days. For purposes
of the Offer,  a "business  day" means any day other than a Saturday,  Sunday or
federal  holiday and consists of the time period from 12:01 a.m.  through  12:00
midnight,  Pacific  Standard Time. In all cases payment for the Units  purchased
pursuant to the Offer will be made only after  timely  receipt of the Letters of
Transmittal (or facsimiles thereof),  properly completed and duly executed, with
any required  signature  guarantees,  and any other  documents  required by such
Letters of Transmittal.

     Tenders of Units made  pursuant to the Offer are  irrevocable,  except that
Unitholders  who tender their Units in response to the Offer will have the right
to withdraw their  tendered  Units at any time prior to the  Expiration  Date by
sending to MacKenzie Patterson,  Inc. a written or facsimile transmission notice
of withdrawal identifying the Units to be withdrawn,  signed by the same persons
and in the same manner as the Letter of  Transmittal  tendering  the Units to be
withdrawn. In addition,  tendered Units may be withdrawn at any time on or after
August 11, 2000,  unless the tender has theretofore been accepted for payment as
provided  above. If tendering  Unitholders  tender more than the number of Units
that  Purchasers  seek to purchase  pursuant to the Offer,  Purchasers will take
into  account the number of Units so tendered  and take up and pay for as nearly
as may be pro rata,  disregarding  fractions,  according  to the number of Units
tendered by each tendering  Unitholder  during the period during which the Offer
remains  open.  The terms of the Offer  are more  fully set forth in the  formal
Tender Offer  Documents  which are available from  Purchasers at the Purchasers'
expense. The Offer contains terms and conditions and the information required by
Rule  14d-6(d)(1)  under  the  Exchange  Act which  are  incorporated  herein by
reference.

     The Tender Offer Documents  contain  important  information which should be
read carefully before any decision is made with respect to the Offer. The Tender
Offer Documents may be obtained by written request to Purchasers or as set forth
below.  A request has been made to the Company  pursuant to Rule 14d-5 under the
Exchange  Act for  the  use of its  list of  Unit  holders  for the  purpose  of
disseminating  the Offer to Unit  holders.  Upon  compliance by the Company with
such  request,  the Tender  Offer  Documents  and, if required,  other  relevant
materials will be mailed at the Purchasers'  expense to record holders of Units,
brokers,  banks and similar  persons whose names appear or whose nominee appears
on the list of securities  holders, or persons who are listed as participants in
a clearing agency's security  position  listing,  for subsequent  transmittal to
beneficial owners of Units.

     For Copies of the Tender Offer Documents Call Purchasers at  1-800-854-8357
or Make a Written Request  Addressed to 1640 School Street,  Moraga,  California
94556


                                  June 29, 2000





© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission