-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MD7BypddVSBlUPubkke1D9JnsQmUZA87JEjEZ3ddb09VuczVAbP9nmHhKOcYKPsp X1SryNQiBojLgtCVhfeh9g== 0000928385-96-001406.txt : 19961031 0000928385-96-001406.hdr.sgml : 19961031 ACCESSION NUMBER: 0000928385-96-001406 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19961030 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BALCOR COLONIAL STORAGE INCOME FUND 85 CENTRAL INDEX KEY: 0000763535 STANDARD INDUSTRIAL CLASSIFICATION: LESSORS OF REAL PROPERTY, NEC [6519] IRS NUMBER: 363338930 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-44687 FILM NUMBER: 96650188 BUSINESS ADDRESS: STREET 1: 4381 GREEN OAKS BLVD STREET 2: WEST SUITE 100 CITY: ARLINGTON STATE: TX ZIP: 76016 BUSINESS PHONE: 8175610100 MAIL ADDRESS: STREET 1: 4381 GREEN OAKS BLVD STREET 2: WEST SUITE 100 CITY: ARLINGTON STATE: TX ZIP: 76016 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PUBLIC STORAGE INC /CA CENTRAL INDEX KEY: 0000318380 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 953551121 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 701 WESTERN AVE STREET 2: SUITE 200 CITY: GLENDALE STATE: CA ZIP: 91201-2397 BUSINESS PHONE: 8182448080 MAIL ADDRESS: STREET 1: 701 WESTERN AVE STREET 2: SUITE 200 CITY: GLENDALE STATE: CA ZIP: 91201 FORMER COMPANY: FORMER CONFORMED NAME: STORAGE EQUITIES INC DATE OF NAME CHANGE: 19920703 SC 13D/A 1 SCHEDULE 13D, AMENDMENT NO. 3 ---------------------------- OMB APPROVAL ---------------------------- OMB Number: 3235-0145 Expires: October 31, 1994 Estimated average burden hours per form .... 14.90 ---------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 3)* Balcor/Colonial Storage Income Fund - 85 - -------------------------------------------------------------------------------- (Name of Issuer) Interests in Limited Partnership - -------------------------------------------------------------------------------- (Title of Class of Securities) NONE ----------------------------------------- (CUSIP Number) David B.H. Martin, Jr., Hogan & Hartson L.L.P., 555 Thirteenth Street, NW, Washington, DC 20004, 202/637-5600 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) October 25, 1996 ----------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [_]. Check the following box if a fee is being paid with the statement [_]. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SCHEDULE 13D/A - ----------------------- --------------------- CUSIP NO. NONE PAGE 2 OF 4 PAGES - ----------------------- --------------------- - ------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Public Storage, Inc. - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [_] - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 SOURCE OF FUNDS* WC - ------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] - ------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION California - ------------------------------------------------------------------------------ 7 SOLE VOTING POWER NUMBER OF 30,317.279 SHARES ----------------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ----------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 30,317.279 PERSON ----------------------------------------------------------- 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 30,317.279 - ------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - ------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 10.9% - ------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON* CO - ------------------------------------------------------------------------------ *SEE INSTRUCTION BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. INTRODUCTION ------------ This Amendment No. 3 to Schedule 13D relates to the ownership by Public Storage, Inc., a California Corporation (the "Company") of limited partnership interests (the "Interests") in Balcor/Colonial Storage Income Fund - 85, an Illinois limited partnership, and amends the information on Schedule 13D dated April 22, 1996 (the "Schedule 13D") as amended by Amendment No. 1 to Schedule 13D filed on August 29, 1996, and Amendment No. 2 to Schedule 13D dated October 2, 1996. Capitalized terms that are not defined herein have the meanings assigned to those terms in the Schedule 13D. The Offer expired on September 30, 1996, at 5:00 p.m., New York City time. At the expiration of the Offer, 4,478.5 Interests (representing approximately 1.6% of the outstanding Interests) had been submitted pursuant to the Offer. On October 25, 1996, the Company accepted for payment all 4,478.5 Interests tendered pursuant to its Offer. Item 5. Interest in Securities of the Issuer. ------------------------------------ Item 5 is hereby amended as follows: (a) The Company beneficially owns 30,317.289 Interests which represents approximately 10.9% of the outstanding Interests. (b) The Company has the sole power to vote 30,317.289 Interests, and the sole power to dispose of 30,317.289 Interests. (c) On October 25, 1996, the Company purchased from Interest holders 4,478.5 Interests for $210 per Interest. These Interests were tendered in response to an Offer to Purchase dated August 29, 1996, with an expiration date of September 30, 1996 (the "Offer to Purchase"). The Offer to Purchase was disseminated to Interest holders by the Company. - 3 - SIGNATURE --------- After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, correct and complete. Dated: October 30, 1996 PUBLIC STORAGE, INC. By: /s/ Harvey Lenkin ------------------ Harvey Lenkin President - 4 - -----END PRIVACY-ENHANCED MESSAGE-----