UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC
20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: April 8, 1996
ANGELES PARTNERS XIV
(Exact name of registrant as specified in its charter)
CALIFORNIA 0-14248 95-3959771
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification
Number)
One Insignia Financial Plaza
Post Office Box 1089
Greenville, South Carolina 29602
(Address of Principal Executive Office)
Registrant's telephone number, including area code (864) 239-1000
Item 2. Acquisition or Disposition of Assets
On April 8, 1996, Angeles Partners XIV, a California limited partnership (the
"Partnership"), sold two buildings in the Dayton Industrial Complex. Building
45 located in Vandalia, Ohio and Building 52 located in Beavercreek, Ohio were
sold to an unaffiliated party, Mid-States Development Company, an Ohio general
partnership, and an affiliate of Miller-Valentine Realty ("MV"), an Ohio
corporation. In March 1992, the Partnership entered into an incentive
management agreement with MV. An affiliate of MV was the original seller of the
Dayton Industrial Complex to the Partnership. Pursuant to the agreement, MV was
appointed exclusive leasing agent, property manager and sales agent for these
properties. The Managing General Partner believed that the sale of the
properties was in the best interest of the Partnership. The gross selling
prices for Building 45 and 52 were $2,649,867 and $1,637,403, respectively.
Item 7. Financial Statements and Exhibits
(c) See Exhibit Index
SIGNATURES
In accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
ANGELES PARTNERS XIV
By: Angeles Realty Corporation II
Managing General Partner
By: /s/ Carroll D. Vinson
Carroll D. Vinson
President
By: /s/ Robert D. Long, Jr.
Robert D. Long, Jr.
Vice President/CAO
Date: April 23, 1996
EXHIBIT INDEX
Exhibit
10.22 Purchase Agreement - Building 45 of the Dayton Industrial Complex -
between the Partnership and Miller-Valentine Partners, dated December
31, 1995.
10.23 Amendment to and Assignment of Purchase Agreement - Building 45 of
the Dayton Industrial Complex - between the Partnership, Miller-
Valentine Partners and Mid-States Development Company, dated April 8,
1996.
10.24 Assignment of Permits, Etc. - Building 45 of the Dayton Industrial
Complex - between the Partnership and Mid-States Development Company,
dated April 8, 1996.
10.25 Assignment and Assumption of Leases and Security Deposits - Building
45 of the Dayton Industrial Complex - between the Partnership and
Mid-States Development Company, dated April 8, 1996.
10.26 Assignment of Warranties - Building 45 of the Dayton Industrial
Complex - between the Partnership and Mid-States Development Company,
dated April 8, 1996.
10.27 Bill of Sale and Assignment - Building 45 of the Dayton Industrial
Complex - between the Partnership and Mid-States Development Company,
dated April 8, 1996.
10.28 Limited Warranty Deed - Building 45 of the Dayton Industrial Complex
- between the Partnership and Mid-States Development Company, dated
April 8, 1996.
10.29 Purchase Agreement - Building 52 of the Dayton Industrial Complex -
between the Partnership and Miller-Valentine Partners, dated December
31, 1995.
10.30 Assignment of Purchase Agreement - Building 52 of the Dayton
Industrial Complex - between the Partnership, Miller-Valentine
Partners and Mid-States Development Company, dated April 8, 1996.
10.31 Assignment of Permits, Etc. - Building 52 of the Dayton Industrial
Complex - between the Partnership and Mid-States Development Company,
dated April 8, 1996.
10.32 Assignment and Assumption of Leases and Security Deposits - Building
52 of the Dayton Industrial Complex - between the Partnership and
Mid-States Development Company, dated April 8, 1996.
EXHIBIT INDEX
Exhibit
10.33 Assignment of Warranties - Building 52 of the Dayton Industrial
Complex - between the Partnership and Mid-States Development Company,
dated April 8, 1996.
10.34 Bill of Sale and Assignment - Building 52 of the Dayton Industrial
Complex - between the Partnership and Mid-States Development Company,
dated April 8, 1996.
10.35 Limited Warranty Deed - Building 52 of the Dayton Industrial Complex
- between the Partnership and Mid-States Development Company, dated
April 8, 1996.