SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) June 21, 1999
VICTORY TAX EXEMPT REALTY INCOME FUND LIMITED PARTNERSHIP
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(Exact name of registrant as specified in its charter)
Delaware 0-18333 13-3516912
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State or other jurisdiction Commission IRS Employer
of incorporation or organization File Number Identification No.
3 World Financial Center, 29th Floor
New York, NY Attn.: Andre Anderson 10285
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Address of principal executive offices Zip Code
Registrant's telephone number, including area code (212) 526-3183
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VICTORY TAX EXEMPT REALTY INCOME FUND LIMITED PARTNERSHIP
Item 5. Other Events
On June 21, 1999, Victory Tax Exempt Limited Partnership (the "Partnership") and
Camelot Lakes Holdings, LLC, a Utah limited liability company (the "Buyer"), the
successor in interest to Wasatch Acquisitions LLC, a Utah limited partnership
("Wasatch"), amended (the "Amendment") the Bond Purchase Agreement, dated
February 25, 1999, between the Partnership and Wasatch, relating to the sale
(the "Sale") of the Partnership's principal asset, the mortgage revenue bond
(the "Bond") issued by the City of Fresno. The Amendment, among other things,(i)
extended the closing date of the Sale until June 22, 1999 and (ii) increased the
purchase price of the Bond from $11,600,000 to $11,620,000.
Item 2. Acquisition or Disposition of Assets
On June 22, 1999, the Buyer purchased the Bond for $11,620,000
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VICTORY TAX EXEMPT REALTY INCOME FUND LIMITED PARTNERSHIP
SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
VICTORY TAX EXEMPT REALTY INCOME
FUND LIMITED PARTNERSHIP
By: CA Victory Inc.,
General Partner
Date: June 30, 1999 By: /s/Kenneth F. Boyle
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Kenneth F. Boyle
President and Chief Financial Officer
