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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 14D-1/A
TENDER OFFER STATEMENT PURSUANT TO SECTION 14(D)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)
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BOSTON FINANCIAL QUALIFIED HOUSING TAX CREDITS L.P. V,
A LIMITED PARTNERSHIP
(NAME OF SUBJECT ISSUER)
EVEREST TAX CREDIT INVESTORS, LLC
EVEREST TAX CREDIT INVESTORS II, LLC
(BIDDERS)
UNITS OF INTEREST
(TITLE OF CLASS OF SECURITIES)
100650407
(CUSIP NUMBER OF CLASS OF SECURITIES)
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W. ROBERT KOHORST
EVEREST PROPERTIES II, LLC
199 SOUTH ROBLES AVENUE, SUITE 440
PASADENA, CALIFORNIA 91101
(626) 585-5920
(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE NOTICES AND
COMMUNICATIONS ON BEHALF OF BIDDER)
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COPY TO:
PETER J. TENNYSON, ESQ.
VINCENT D. LOWDER, ESQ.
PAUL, HASTINGS, JANOFSKY & WALKER LLP
SEVENTEENTH FLOOR
695 TOWN CENTER DRIVE
COSTA MESA, CALIFORNIA 92626-1924
(714) 668-6200
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CALCULATION OF FILING FEE
Transaction Valuation*: $2,362,500 Amount of Filing Fee: $473
* For purposes of calculating the filing fee only. This amount assumes the
purchase of 3,500 units of interest of the subject partnership for $675 per
unit in cash. The amount of the filing fee, calculated in accordance with
Rule 0-11(d) under the Securities Exchange Act of 1934, as amended, equals
1/50th of one percent of the aggregate of the cash offered by the bidder.
[X] Check box if any part of the fee is offset as provided by Rule 0-11(a)(2)
and identify the filing with which the offsetting fee was previously paid.
Identify the previous filing by registration statement number, or the form
or schedule and the date of its filing.
Amount Previously Paid: $473 Filing Party: Everest Tax Credit Investors, LLC
Form or Registration No.: Schedule 14D-1 Date Filed: August 11, 1997
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Index to Exhibits Located at Page: N/A
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SCHEDULE 14D-1
- ---------------------------------------
CUSIP No.: 100650407
- ---------------------------------------
<TABLE>
<C> <S>
- ---------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
EVEREST TAX CREDIT INVESTORS, LLC
- ---------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- ---------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
- ---------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS [ ]
REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f)
- ---------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA
- ---------------------------------------------------------------------------------------------
7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
TO BE DETERMINED; BIDDERS HAVE ACCEPTED FOR PAYMENT TENDERS FROM APPROXIMATELY
UNITHOLDERS AND ARE IN THE PROCESS OF DETERMINING THE NUMBER OF
UNITS TENDERED BY EACH.
- ---------------------------------------------------------------------------------------------
8 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) [ ]
EXCLUDES CERTAIN SHARES
- ---------------------------------------------------------------------------------------------
9 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
TO BE DETERMINED
- ---------------------------------------------------------------------------------------------
10 TYPE OF PERSON REPORTING
OO
- ---------------------------------------------------------------------------------------------
</TABLE>
2
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14D-1
- ---------------------------------------
CUSIP No. 100650407
- ---------------------------------------
<TABLE>
<C> <S>
- ---------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
EVEREST TAX CREDIT INVESTORS II, LLC
- ---------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
- ---------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
- ---------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS [ ]
REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f)
- ---------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA
- ---------------------------------------------------------------------------------------------
7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
TO BE DETERMINED; BIDDERS HAVE ACCEPTED FOR PAYMENT TENDERS FROM APPROXIMATELY
UNITHOLDERS AND ARE IN THE PROCESS OF DETERMINING THE NUMBER OF
UNITS TENDERED BY EACH.
- ---------------------------------------------------------------------------------------------
8 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) [ ]
EXCLUDES CERTAIN SHARES
- ---------------------------------------------------------------------------------------------
9 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
TO BE DETERMINED
- ---------------------------------------------------------------------------------------------
10 TYPE OF PERSON REPORTING
OO
- ---------------------------------------------------------------------------------------------
</TABLE>
3
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This Amendment No. 2 amends the Tender Offer Statement on Schedule 14D-1
filed with the Commission on August 11, 1997, as amended by Amendment No. 1
filed with the Commission on August 20, 1997, by Everest Tax Credit Investors,
LLC, a California limited liability company and Everest Tax Credit Investors II,
LLC, a California limited liability (collectively, the "Purchaser") (the
"Schedule 14D-1"). As amended, this statement relates to the Offer by the
Purchaser to purchase up to 3,500 of the units of interest (the "Units") of the
Partnership at $675 per Unit, less the amount of Distributions (as defined in
the Offer to Purchase) per Unit, if any, made by the Partnership after July 31,
1997, and less any tax credits allocable to selling Unitholders after September
30, 1997, and less any Partnership transfer fees, upon the terms and subject to
the conditions set forth in the Offer to Purchase, dated August 11, 1997, as it
may be supplemented or amended from time to time (the "Offer to Purchase"),
including by the Notice of Increase and Supplement to the Offer to Purchase
dated August 20, 1997 (the "Supplement") and the related Agreement of Transfer
and Letter of Transmittal, as it may be supplemented or amended from time to
time (the "Letter of Transmittal," which, together with the Offer to Purchase
and the Supplement constitute the "Offer"), to include the terms set forth
below. Capitalized terms used but not defined herein have the meaning ascribed
to them in the Offer to Purchase. The following items are amended as follows:
ITEM 6. INTEREST IN SECURITIES OF THE SUBJECT COMPANY.
Items 6(a) and (b) are hereby amended by adding the following:
The Offer expired according to its terms at 12:00 midnight, New York City
time, on Tuesday, September 9, 1997. Purchaser has accepted for payment in
accordance with the terms of the Offer, all Units that have been validly
tendered and not withdrawn prior to the expiration of the Offer. According to
the Purchaser's preliminary count, approximately unitholders have
tendered all of their respective Units to Purchaser. Purchaser is working with
the Partnership's transfer agent to determine the number of Units beneficially
owned by each tendering unitholder and will promptly pay each unitholder the
Purchase Price for the Units tendered, subject to proration if necessary, when
the number of Units is ascertained.
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SIGNATURE
After due inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Dated: September 10, 1997
EVEREST TAX CREDIT INVESTORS, LLC and
EVEREST TAX CREDIT INVESTORS II, LLC
By: EVEREST PROPERTIES II, LLC,
Manager
By: /s/ DAVID I. LESSER
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David I. Lesser
Executive Vice President
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