8-K 1 wgiashterm.txt WGIASH 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) September 30, 2005 WINTHROP GROWTH INVESTORS I LIMITED PARTNERSHIP (Exact name of small business issuer as specified in its charter) Massachusetts 2-84760 04-2839837 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification Number) 55 Beattie Place Post Office Box 1089 Greenville, South Carolina 29602 (Address of principal executive offices) (Partnership's telephone number) (864) 239-1000 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations 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 Rule 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)) Item 1.02 Termination of a Material Definitive Agreement. Winthrop Growth Investors I Limited Partnership (the "Registrant") owns a 99.9% interest in Meadow Wood Associates, a Florida general partnership (the "Partnership"). The Partnership owns Ashton Ridge Apartments, a 356-unit apartment complex located in Jacksonville, Florida ("Ashton Ridge"). On August 31, 2005, the Partnership entered into an agreement (the "Purchase Agreement") with a third party, Magnum Realty, LLC, a Florida limited liability company (the "Purchaser"), to sell Ashton Ridge to the Purchaser for $18,500,000. Under the terms of the Purchase Agreement, the Purchaser may terminate the Purchase Agreement at any time prior to the expiration of the feasibility period as defined in the Purchase Agreement, acting in the Purchaser's sole discretion and for any reason or no reason, upon delivery of written notice to the Partnership and the escrow agent. On September 30, 2005, the Purchaser delivered written notice to the Partnership and the escrow agent of its election to terminate the Purchase Agreement pursuant to its terms. SIGNATURE 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. WINTHROP GROWTH INVESTORS I LIMITED PARTNERSHIP By: AIMCO/Winthrop Growth Investors I, GP, LLC Managing General Partner By: /s/Martha L. Long Martha L. Long Senior Vice President Date: November 10, 2005