-----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, QiM88hEBjQEdHv4uGiCIUyjCMkygAUS13MCUPukNQs0VhDWQ9hHdke3BSw/a2Ffk MZf4GRJf6L7X3d8YueqOOg== 0000711642-98-000052.txt : 19981118 0000711642-98-000052.hdr.sgml : 19981118 ACCESSION NUMBER: 0000711642-98-000052 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19981110 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19981117 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CENTURY PROPERTIES FUND XVI CENTRAL INDEX KEY: 0000351931 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 942704651 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-10435 FILM NUMBER: 98753686 BUSINESS ADDRESS: STREET 1: 1873 SOUTH BELLAIRE STREET 2: 17TH FLOOR CITY: DENVER STATE: CO ZIP: 80222 BUSINESS PHONE: 8032391000 MAIL ADDRESS: STREET 1: 1873 SOUTH BELLAIRE STREET 2: 17TH FLOOR CITY: DENVER STATE: CO ZIP: 80222 8-K 1 FORM 8-K - CURRENT REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: November 10, 1998 CENTURY PROPERTIES FUND XVI (Exact name of registrant as specified in its charter) California 0-10435 94-2704651 (State or other jurisdiction of (Commission (I.R.S. Employer incorporation or organization) File Number) Identification Number) 55 Beattie Place P.O. Box 1089 Greenville, South Carolina 29602 (Address of principal executive office) Registrant's telephone number, including area code (864) 239-1000 N/A (Former address, if changed since last report) ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT As of November 10, 1998, Imowitz, Koenig & Co., LLP, the independent accountant previously engaged as the principal accountant to audit the financial statements of Century Properties Fund XVI (the "Registrant" or the "Partnership") was dismissed. The audit reports of Imowitz, Koenig & Co., LLP on the financial statements of the Partnership as of and for the years ended December 31, 1997 and 1996, did not contain any adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principles. The decision to change accountants was recommended by the Managing General Partner of the Partnership. During the Partnership's two most recent fiscal years and any subsequent interim period preceding the change, there were no disagreements with the former accountant on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of the former accountant, would have caused it to make reference to the subject matter of the disagreements in connection with its report. In addition, there have been no "reportable events" (as defined in paragraph (a)(1)(iv)(B) of Item 304 of regulation S-B) during the periods noted above. The Registrant has provided a copy of this disclosure to the former accountant, and the Registrant requested that the former accountant furnish the Registrant with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made by the Registrant, and, if not, stating the respects in which it does not agree. A copy of the former accountant's response indicating agreement is included as an exhibit to this report. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibits: The following is filed as part of this report Exhibit No. Exhibit 16 Letter dated November 11, 1998 from the Registrant's former independent accountant regarding its concurrence with the statements made by the Registrant in this Current Report. 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. CENTURY PROPERTIES FUND XVI By: Fox Capital Management Corporation Its Managing General Partner By: /s/ Patrick Foye Patrick Foye Executive Vice President Date: November 16, 1998 EX-16 2 Exhibit 16 November 11, 1998 Securities and Exchange Commission 450 5th Street, N.W. Washington, DC 20549 RE: Century Properties Fund XVI Commission File Number: 0-10435 Gentlemen: We have read and agree with the comments in Item 4 of Form 8-K of Century Properties Fund XVI dated November 10, 1998. Very truly yours, /s/Imowitz Koenig & Co., LLP New York, New York -----END PRIVACY-ENHANCED MESSAGE-----