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) July 29, 1999
CYPRESS EQUIPMENT FUND II, LTD.
(Exact Name of Registrant as Specified in its Charter)
Florida 0-19021 59-2927387
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
880 Carillon Parkway, St. Petersburg, Florida 33716
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number (Including Area Code) (727) 573-3800
Item 2 Acquisition or Disposition of Assets
On July 29, 1999, Cypress Equipment Fund II, Ltd., a Florida
limited partnership, ("Seller"), sold its 40% interest of a partnership
which owns a recovery boiler facility used in the production of wood pulp
on lease to International Paper, formerly the Federal Paper Board
Corporation. The buyer is ICS Corporation. ("Buyer")
The sale totaled an aggregate amount of $15,865,268.15
Item 7. Financial Statements, Proforma Financial Information and Exhibits
(c) Exhibits (to be sent in paper format)
28.50 Purchase Agreement, dated as of July 15, 1999, is between Cypress
Equipment Fund II, Ltd., a Florida limited partnership, and its
Successors and permitted assigns (the "Seller"), and ICX Corporation,
An Ohio corporation, and its successors and permitted assigns (the
"Buyer").
28.51 ASSIGNMENT AND ASSUMPTION AGREEMENT, dated July 29, 1999 (this
"Agreement"), between Cypress Equipment Fund II, Ltd., a Florida
limited partnership (the "Seller"), and ICX Corporation, and Onio
corporation (the "Buyer").
28.52 This AMENDMENT NO. 2 TO LEASE, dated as of July 15, 1999 (this
"Amendment"), is entered into by and between THE BANK OF NEW YORK, a
New York banking corporation, not in its individual capacity, but
Solely as trustee under the Trust Agreement, as lessor ("Lessor") and
International Paper Company, a New York corporation, as successor by
Merger to Federal Paper Board Company, Inc., a New York corporation,
As lessee ("Lessee").
SIGNATURE
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 duly authorized.
Cypress Equipment Fund, Ltd.
A Florida Limited Partnership
RJ Leasing - 2, Inc.
A General Partner
Date: September 14, 1999 /s/ J. Davenport Mosby, III
J. Davenport Mosby, III
President
