SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
WNC Housing Tax Credit Fund V, L.P., Series 3
-----------------------------------------------------
(Name of Issuer)
Units of Limited Partnership Interest
-----------------------------------------------------
(Title of Class of Securities)
-----------------------------------------------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement [X]. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
CUSIP No. 13G Page 1 of 7 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SEMPRA ENERGY
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 4,560 units of limited partnership interest (indirect
beneficial ownership through Sempra Energy Financial, a
wholly owned subsidiary)
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH None
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 4,560 units of limited partnership interest (indirect
beneficial ownership through Sempra Energy Financial, a
wholly owned subsidiary)
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
None
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,560 units of limited partnership interest (indirect beneficial
ownership through Sempra Energy Financial, a wholly owned subsidiary)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
25.3%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
HC
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
CUSIP No. 13G Page 2 of 7 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ENOVA CORPORATION
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES None
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH None
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH None
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
None
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
None
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
HC
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
CUSIP No. 13G Page 3 of 7 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SEMPRA ENERGY FINANCIAL
(formerly Enova Financial, Inc.)
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [x]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 4,560 units of limited partnership interest
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH None
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 4,560 units of limited partnership interest
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
None
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,560 units of limited partnership interest
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
25.3%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
Page 4 of 7 Pages
DISCLAIMER OF BENEFICIAL OWNERSHIP
THE FILING OF THIS SCHEDULE 13G STATEMENT SHALL NOT BE CONSTRUED AS
AN ADMISSION THAT EITHER SEMPRA ENERGY OR ENOVA CORPORATION IS, FOR THE PURPOSE
OF SECTION 13(g) OF THE SECURITIES AND EXCHANGE ACT OF 1934, AS AMENDED, OR FOR
ANY OTHER PURPOSE, THE BENEFICIAL OWNER OF THE SECURITIES IDENTIFIED IN THIS
STATEMENT.
Item 1. (a) Name of Issuer:
WNC Housing Tax Credit Fund V, L.P., Series 3
(b) Address of Issuer's Principal Executive Offices:
3158 Redhill Avenue, Suite 120, Costa Mesa, California 92626
Item 2. (a) Name of Person Filing:
Sempra Energy Financial, Sempra Energy and Enova Corporation
(b) Address of Principal Business Office:
Sempra Energy Financial, Sempra Energy and Enova Corporation
101 Ash Street, San Diego, California 92101
(c) Citizenship:
Sempra Energy Financial, Sempra Energy and Enova Corporation
are each incorporated under the laws of the State of
California
(d) Title of Class of Securities:
Units of Limited Partnership Interest
(e) CUSIP Number:
Not applicable.
Item 3. This statement is not filed pursuant to rules 13d-1(b) or 13d-2(b).
<PAGE>
Page 5 of 7 Pages
Item 4. Ownership.
(a) Amount Beneficially Owned: 4,560 units
(b) Percent of Class: 25.3%
(c) Number of shares as to which person has
(i) Sole power to vote or direct the vote: 4,560 units
(ii) Shared power to vote or direct the vote: 0
(iii) Sole power to dispose or direct the disposition of:
4,560 units (Sempra Energy Financial has the sole power
to vote and dispose of the units, however, the limited
partnership agreement pursuant to which the units were
issued provides certain restrictions on its ability to
dispose of the units.)
(iv) Shared power to dispose or direct the disposition of: 0
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
Not applicable.
Item 7. Identification and Classification of the Subsidiary which Acquired
the Security Being Reported on By the Parent Holding Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
See Exhibit B. This amendment relates to a reorganization resulting
in a change in the person who controls the reporting persons named
in the Schedule 13G previously filed in connection with this
investment by Sempra Energy Financial (formerly Enova Financial,
Inc.). Enova Corporation and Sempra Energy Financial filed the
original Schedule 13G jointly on or about February 4, 1998. Sempra
Energy was subsequently formed as a holding company in connection
with a reorganization involving Enova Corporation and Pacific
Enterprises which became effective on June 26, 1998. As of the
effective date of the reorganization, Sempra Energy became the
parent corporation of Enova Corporation and Enova Corporation
remained the sole shareholder of Enova Financial, Inc. On September
15, 1999 Enova Financial, Inc. changed its name to Sempra Energy
Financial. On September 30, 1999, Enova Corporation distributed all
of the outstanding shares of Sempra Energy Financial to Sempra
Energy, causing Sempra Energy to become the sole shareholder of
Sempra Energy Financial.
Item 9. Notice of Dissolution of Group.
Not applicable.
<PAGE>
Page 6 of 7 Pages
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose of
and do not have the effect of changing or influencing the control of
the issuer of such securities and were not acquired in connection
with or as a participant in any transaction having such purpose or
effect.
<PAGE>
SIGNATURE
After reasonable 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.
Date: February 12, 1999
Sempra Energy Financial,
a California corporation
By /s/ Frank H. Ault
----------------------------
Frank H. Ault
Vice President and Controller
Date: February 12, 1999
Enova Corporation, Inc.,
a California corporation
By /s/ Frank H. Ault
---------------------------
Frank H. Ault,
Vice President and Controller
Date: February 12, 1999
Sempra Energy,
a California corporation
By /s/ Frank H. Ault
---------------------------
Frank H. Ault,
Vice President and Controller
<PAGE>
EXHIBIT A
AGREEMENT RELATING TO
JOINT FILING OF STATEMENT
Sempra Energy, a California Corporation, Enova Corporation, a
California corporation, and Sempra Energy Financial, a California corporation,
hereby agree that the foregoing statement dated February 12, 1999, containing
the information required by Schedule 13G relating to the ownership by Sempra
Energy Financial of Units of Limited Partnership Interest in WNC Housing Tax
Credit Fund V, L.P., Series 3, is filed on behalf of each of Sempra Energy and
its wholly-owned subsidiaries, Enova Corporation and Enova Financial, Inc.
In witness whereof, the undersigned have executed this agreement as
of this 12th day of February, 1999.
Sempra Energy Financial,
a California corporation
By /s/ Frank H. Ault
-----------------------------
Frank H. Ault,
Vice President and Controller
Enova Corporation,
a California corporation
By /s/ Frank H. Ault
-----------------------------
Frank H. Ault,
Vice President and Controller
Sempra Energy,
a California corporation
By /s/ Frank H. Ault
---------------------------
Frank H. Ault,
Vice President and Controller
<PAGE>
EXHIBIT B
Pursuant to Item 8.
This statement is filed jointly on behalf of Sempra Energy
Financial, Sempra Energy and Enova Corporation pursuant to Rule 13d-1(c). Sempra
Energy Financial, a California corporation, and Enova Corporation, a California
corporation, are both wholly owned subsidiaries of Sempra Energy, a California
corporation.
