SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                             _______________________

                                 Amendment No. 1
                                       to
                                   SCHEDULE TO

         Tender Offer Statement Pursuant to Section 14(d)(1) or 13(e)(1)
                     of the Securities Exchange Act of 1934
                               ___________________

                 PRESIDENTIAL ASSOCIATES I, LIMITED PARTNERSHIP
                            (Name of Subject Company)

               MPF-NY 2006, LLC; MPF SENIOR NOTE PROGRAM I, LP AND
                         MACKENZIE PATTERSON FULLER, LP
                                    (Bidders)

                      UNITS OF LIMITED PARTNERSHIP INTEREST
                         (Title of Class of Securities)

                                 None or unknown
                      (CUSIP Number of Class of Securities)
                             _______________________
                                                  Copy to:
Christine Simpson                                 Chip Patterson, Esq.
MacKenzie Patterson Fuller, LP                    MacKenzie Patterson Fuller, LP
1640 School Street                                1640 School Street
Moraga, California  94556                         Moraga, California  94556
(925) 631-9100 ext.224                            (925) 631-9100 ext. 206

                     (Name, Address, and Telephone Number of
                    Person Authorized to Receive Notices and
                       Communications on Behalf of Bidder)

                            Calculation of Filing Fee

         Transaction                                            Amount of
         Valuation*                                             Filing Fee

         $1,000,000                                             $ 107.00

 *       For purposes of calculating the filing fee only.  Assumes the purchase
         of 100 Units at a purchase price equal to $10,000 per Unit in cash.

[X]      Check box if any part of the fee is offset as provided by Rule
         0-11(a)(2)  and identify the filing with which the  offsetting fee was
         previously paid. Identify the previous filing by registration statement
         number,  or the Form or Schedule and the date of its filing.

         Amount Previously Paid: $ 107.00
         Form or Registration Number: SC TO-T
         Filing Party: MacKenzie Patterson Fuller, LP
         Date Filed: JUNE 12, 2006

[ ]     Check the box if the filing relates solely to preliminary communications
made before the commencement of a tender offer.

Check the appropriate boxes below to designate any transactions to which the
statement relates:

[X]      third party tender offer subject to Rule 14d-1.
[ ]      issuer tender offer subject to Rule 13e-4.
[ ]      going private transaction subject to Rule 13e-3
[ ]      amendment to Schedule 13D under Rule 13d-2

Check the following box if the filing is a final amendment reporting the results
of the tender offer: [X]






                         FINAL AMENDMENT TO TENDER OFFER

This Tender Offer Statement on Schedule TO relates to the offer (the "Offer") by
MPF-NY 2006, LLC; MPF Senior Note Program I, LP. (collectively the "Purchasers")
to  purchase  100  Units  of  limited  partnership  interest  (the  "Units")  in
Presidential Associates I, Limited Partnership (the "Partnership"),  the subject
company,  at a purchase price equal to $10,000 per Unit,  less the amount of any
distributions  declared or made with respect to the Units  between June 12, 2006
(the "Offer  Date") and July 21, 2006 or such other date to which this Offer may
be  extended  (the  "Expiration  Date"),  upon  the  terms  and  subject  to the
conditions set forth in the Offer to Purchase dated June 12, 2006 (the "Offer to
Purchase") and the related Letter of Transmittal.

The Offer resulted in the tender by  unitholders,  and acceptance for payment by
the Purchasers,  of a total of 3.7999 Units.  Upon completion of the Offer,  the
Purchasers held an aggregate of  approximately  3.7999 Units,  or  approximately
0.6% of the total  outstanding  Units.  These  shares were  allocated  among the
Purchasers as follows:

MPF-NY 2006, LLC; 10%; MPF SENIOR NOTE PROGRAM I, LP; 90%

                                   SIGNATURES


     After due 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.

Dated:   August 14, 2006

MPF-NY 2006, LLC; MPF SENIOR NOTE PROGRAM I, LP

By:      /s/ Chip Patterson
         -------------------------------
         Chip Patterson, Senior Vice President of Manager or
         General Partner of each filing person

MACKENZIE PATTERSON FULLER, LP

By:      /s/ Chip Patterson
         -------------------------------
         Chip Patterson, Senior Vice President