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): February 18, 2005
Lake Area Corn Processors, LLC
(Exact name of registrant as specified in its charter)
South Dakota | | 333-66552 | | 46-0460790 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (I.R.S. Employer Identification No.) |
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46269 SD Highway 34 P.O. Box 100 Wentworth, South Dakota | | | | 57075 |
(Address of principal executive offices) | | | | (Zip Code) |
Registrant’s telephone number, including area code: (605) 483-2676
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o | | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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o | | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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o | | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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o | | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01 Other Events.
On February 18, 2005, the registrant’s Board of Managers approved a cash distribution to all Class A Members of record as of January 1, 2005, of $0.10 per Class A Capital Unit, or a total distribution of $2,962,000.00 based on 29,620,000 Class A Capital Units issued and outstanding. The distribution was paid and issued to all Class A Members on February 28, 2005.
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 hereunto duly authorized.
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| LAKE AREA CORN PROCESSORS, LLC |
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Dated: March 2, 2005 | By: | /s/ Douglas Van Duyn |
| | Douglas Van Duyn, Chief Executive Officer |
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