SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Act of 1934
Date of Report (Date of earliest event reported): February 5, 2002
ZOND PANAERO WINDSYSTEM PARTNERS I A CALIFORNIA LIMITED PARTNERSHIP
(Exact Name of Registrant as Specified in its Charter)
CALIFORNIA
(State or Other Jurisdiction of Incorporation)
0-13510
(Commission File Number)
77-003535
(I.R.S. Employer Identification No.)
13000 JAMESON ROAD, TEHACHAPI, CALIFORNIA
(Address of principal executive offices)
93561
(Zip Code)
(661)822-6835
(Registrant's telephone number, including area code)
N/A
(Former name, former address and former fiscal year, if changed since last
report)
ITEM 4. CHANGE IN ACCOUNTANTS.
(a) Effective February 5, 2002, Arthur Andersen LLP ("Andersen")resigned as
auditors of Zond-PanAero Windsystem Partners I ("the "Partnership").
(b) The reports of Andersen on the Partnership's financial statements for
the past two years did not contain an adverse opinion or disclaimer of opinion
and were not qualified or modified as to audit scope, uncertainty or accounting
principles. Andersen has advised that it has not withdrawn any of its opinions
expressed in their auditor's report for any periods for which they conducted
audits of the Partnership.
(c) The General Partner did not approve the resignation by Andersen.
(d) During the preceding two years and in the subsequent interim periods
through February 5, 2002, there were no disagreements with Andersen on any
matters of accounting principles or practices, financial statement disclosures,
or auditing scope or procedures, which if not resolved to the satisfaction of
Andersen would have caused Andersen to make reference to the matter in their
report. The Partnership has requested Andersen to furnish the Partnership a
letter addressed to the Commission stating whether it agrees with the above
statements.
(e) During the preceding two years and in the subsequent interim periods
through February 5, 2002, there were no "reportable events" within the meaning
of Item 304(a)(l)(v) of Regulation S-K.
ITEM 7. EXHIBITS
16.1 Arthur Andersen LLP letter dated February 5, 2002.
16.2 Arthur Andersen LLP letter dated February 13, 2002.
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 thereunto duly authorized.
ZOND PANAERO WINDSYSTEM PARTNERS I A CALIFORNIA LIMITED PARTNERSHIP
By: Zond Windsystems Management Corporation, General Partner
Date: February 13, 2002 By: /s/ D. MICHAEL WESTBELD
D. Michael Westbeld, Vice President
EXHIBIT 16.1
Arthur Andersen LLP
Suite 1300
711 Louisiana Street
Houston, TX 77002-2786
Tel 713 237 2323
Fax 713 237 2786
February 5, 2002
D. Michael Westbeld
Vice President-Controller
Zond-PanAero Windsystem Partners I
13000 Jameson Road
Tehachapi, CA 93561
Dear Mr. Westbeld:
This is to confirm that the client-auditor relationship between Zond-PanAero
Windsystem Partners I (Commission File Number 000-13510) and Arthur Andersen LLP
has ceased.
Very truly yours,
Arthur Andersen LLP
Copy to: SEC Office of Chief Accountant
EXHIBIT 16.2
Arthur Andersen LLP
Suite 310
10000 Stockdale Highway
Bakersfield, CA 93311
Tel 661 664 6602
Fax 661 664 6609
February 13, 2002
Office of the Chief Accountant
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Dear Sir/Madam:
We have read Item 4 included in the Form 8-K dated February 5, 2002 of
Zond-PanAero Windsystem Partners I to be filed with the Securities and Exchange
Commission and are in agreement with the statements contained therein.
Very truly yours,
Arthur Andersen LLP
Copy to: D. Michael Westbeld
Vice President
Zond-PanAero Windsystem Partners I