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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): December 31, 1998
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IRVINE APARTMENT COMMUNITIES, INC.
(Exact Name of Registrant as Specified in Its Charter)
Maryland 0-12478 33-0698698
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(State of Incorporation) (Commission File Number) (I.R.S. Employer
Identification Number)
550 Newport Center Drive, Suite 300,
Newport Beach, California 92660
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (949) 720-5500
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Item 5. Other Events
On December 31, 1998, the Special Committee of the Board of Directors
of Irvine Apartment Communities, Inc. received a letter from TIC
Acquisition LLC extending the time to respond to the previously received
acquisition proposal by TIC Acquisition LLC to January 18, 1999.
A copy of TIC Acquisition letter is filed as an Exhibit hereto.
Item 7. Exhibit
EXHIBIT
Exhibit 99.1 - Letter dated December 31, 1998 from TIC Acquisition LLC to
the Special Committee of the Board of Directors of
Irvine Apartment Communities, Inc. (incorporated by
reference to Exhibit 99.6 to Amendment No. 18 to the
Schedule 13D of The Irvine Company et al. filed on January
5, 1999 with respect to the common stock of Irvine
Apartment Communities, Inc.)
SIGNATURES
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.
IRVINE APARTMENT COMMUNITIES, INC.
Date: January 6, 1999 By: /s/ Shawn Howie
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Shawn Howie
Vice President, Corporate Finance
and Controller