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): June 8, 2011
Biggest Little Investments L.P.
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(Exact name of registrant as specified in its charter)
Delaware 0-16856 13-3368726
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(State or other jurisdic- (Commission File Number) (IRS Employer Identi-
tion of incorporation or fication No.)
organization)
3702 S. Virginia St., Unit G2
Reno, Nevada 89502
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(Address of principal executive (Zip Code)
offices)
(775) 825-3355
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(Registrant's telephone number, including area code)
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(Former name or former address, if changed since last report)
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:
[ ]Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ]Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ]Pre-commencement communications pursuant to Ruled 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ]Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13E-4(c))
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ITEM 1.01. Entry into a Material Definitive Agreement.
On June 8, 2011, Biggest Little Investments, L.P. (the ?Partnership?)
reached final agreement with and sold to (the ?Agreement?) the Regional
Transportation Commission (the ?RTC?) a portion of the Sierra Marketplace
Shopping Center, which is owned by the Partnership (the ?Sierra Property?),
for the purpose of widening a section of Moana Lane, a main thoroughfare in
Reno, Nevada on which the Sierra Property is located. The widening will expand
Moana Lane from four to six lanes. Under the terms of the Agreement, the RTC
paid the Partnership $2,743,730 for causing demolition of up to 15,800 square
feet of the Sierra Property?s buildings, the RTC?s acquisition of 25,306
square feet of the Sierra Property?s land and 10,026 square feet of utility
easement. The RTC paid the Partnership an additional $346,700 for relocation
and demolition costs related to the Sierra Property?s buildings and
improvements.
Demolition and construction of the widening project are preliminarily
scheduled to begin in the fall of 2011 and are expected to be completed in
2013.
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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 this 8th day of June, 2011.
Biggest Little Investments L.P.
By: Maxum LLC
Its General Partner
By: /s/ Ben Farahi
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Ben Farahi
Manager
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