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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000950153-96-000229.txt : 19960425
<SEC-HEADER>0000950153-96-000229.hdr.sgml : 19960425
ACCESSION NUMBER:		0000950153-96-000229
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	19960424
ITEM INFORMATION:		Other events
FILED AS OF DATE:		19960424
SROS:			NYSE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WEBB DEL CORP
		CENTRAL INDEX KEY:			0000105189
		STANDARD INDUSTRIAL CLASSIFICATION:	OPERATIVE BUILDERS [1531]
		IRS NUMBER:				860077724
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-04785
		FILM NUMBER:		96550048

	BUSINESS ADDRESS:	
		STREET 1:		6001 NORTH 24TH STREET
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85016
		BUSINESS PHONE:		6028088000

	MAIL ADDRESS:	
		STREET 1:		6001 NORTH 24 STREET
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85016

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WEBB DEL E CORP
		DATE OF NAME CHANGE:	19880728
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<DESCRIPTION>FORM 8-K FOR THE PERIOD ENDING 4/24/96.
<TEXT>

<PAGE>   1
                                UNITED STATES
                      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):
                                April 24, 1996


                             DEL WEBB CORPORATION
            (Exact name of registrant as specified in its charter)


                         Delaware, 1-4785, 86-0077724
                (State or other jurisdiction of incorporation,
                           Commission File Number,
                     I.R.S. Employer Identification No.)


                             6001 N. 24th Street
                            Phoenix, Arizona 85016
                   (Address of principal executive offices)


                                (602)808-8000
             (Registrant's telephone number, including area code)


<PAGE>   2
ITEM 5.   OTHER EVENTS

        On April 24, 1996, Del Webb Corporation announced that it will record a
special, non-cash pre-tax charge of $65 million in connection with its adoption
of a new accounting standard (Statement of Financial Accounting Standards No.
121) that affects the valuation of the Company's Sun City Palm Desert active
adult community in the Coachella Valley, near Palm Springs.  The special charge
will impact net earnings for the quarter ended March 31, 1996 by $42.3 million
after tax or $2.35 per share.


<PAGE>   3
                                  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.


                             DEL WEBB CORPORATION

                             By: /s/ ROBERTSON C. JONES
                                 ------------------------------
                                 Robertson C. Jones
                                 Vice President and
                                 General Counsel


Date:  April 24, 1996


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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