-----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, DD11Y0yl1LDvLmfAO0BNHYf+u0yBS+WHJWCnnskeg7JBln1alAoBPkcau7IW9cEJ 45G9Axv/CvUlXAbnQV/Tjg== 0000763978-00-000002.txt : 20000403 0000763978-00-000002.hdr.sgml : 20000403 ACCESSION NUMBER: 0000763978-00-000002 CONFORMED SUBMISSION TYPE: 10-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19991231 FILED AS OF DATE: 20000331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CAPITAL BUILDERS DEVELOPMENT PROPERTIES /CA/ CENTRAL INDEX KEY: 0000763978 STANDARD INDUSTRIAL CLASSIFICATION: LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES) [6552] IRS NUMBER: 770049671 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K/A SEC ACT: SEC FILE NUMBER: 000-15750 FILM NUMBER: 589780 BUSINESS ADDRESS: STREET 1: 1130 IRON POINT ROAD, STE 170 STREET 2: C/O CAPITAL BUILDERS INC CITY: FOLSOM STATE: CA ZIP: 95630 BUSINESS PHONE: 916-353-0500 MAIL ADDRESS: STREET 1: 1130 IRON POINT ROAD, STE 170 STREET 2: SUITE 101 CITY: FOLSOM STATE: CA ZIP: 95630 10-K/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K/A Amendment #1 to Form 10-K [X] Annual Report Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934 For the fiscal year ended Commission File Number December 31, 1999 2-96042 CAPITAL BUILDERS DEVELOPMENT PROPERTIES, A CALIFORNIA LIMITED PARTNERSHIP (Exact name of registrant as specified in its charter) California 77-0049671 (State or other jurisdiction (I.R.S. Employer of incorporation or organization) Identification No.) 1130 Iron Point Road, Suite 170, Folsom, California 95630 (Address of principal executive offices) Zip Code Registrant's telephone number, including area code: (916) 353-0500 Securities registered pursuant to Section 12(b) of the Act: NONE Securities registered pursuant to Section 12(g) of the Act: Limited Partnership Units Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. X Yes No As of December 31, 1999 the aggregate Limited Partnership Units held by nonaffiliates of the registrant was 13,787. There is no market for the units. Documents Incorporated by Reference Limited Partnership Agreement dated May 1, 1985, filed as Exhibit 3.3, and the Amendment to the Limited Partnership Agreement dated November 20, 1985 filed as Exhibit 3.4 to Registration Statement No. 2-96042 of Capital Builders Development Properties, A California Limited Partnership, are hereby incorporated by reference into Part IV of this Form 10K. ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA Page Number INDEPENDENT AUDITORS' REPORT 11 FINANCIAL STATEMENTS BALANCE SHEETS 12 AS OF DECEMBER 31, 1999, and 1998 STATEMENTS OF OPERATIONS 13 FOR THE YEARS ENDED DECEMBER 31, 1999, 1998, and 1997 STATEMENTS OF PARTNERS' 14 (DEFICIT) EQUITY FOR THE YEARS ENDED DECEMBER 31, 1999, 1998, and 1997 STATEMENTS OF CASH FLOWS 15 FOR THE YEARS ENDED DECEMBER 31, 1999, 1998, and 1997 NOTES TO FINANCIAL STATEMENTS 16-23 SUPPLEMENTAL SCHEDULES SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION 28 Financial schedules not included have been omitted because of the absence of conditions under which they are required or because the information is included elsewhere in this report. SIGNATURES Pursuant to the requirements of Section 13 or 15(d) 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. Capital Builders Development Properties and Subsidiary A California Limited Partnership By CAPITAL BUILDERS, INC., The Managing General Partner, For and On Behalf of the Capital Builders Development Properties A California Limited Partnership Michael J. Metzger, President Date Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the date indicated. Signature Title Date ____________________ Associate General Michael J. Metzger Partner; President and Director of Capital Builders, Inc. ("CB") ____________________ Chief Financial Kenneth L. Buckler Officer of CB SUPPLEMENTAL INFORMATION TO BE FURNISHED WITH REPORTS PURSUANT TO SECTION 15(d) OF THE ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED SECURITIES PURSUANT TO SECTION 12 OF THE ACT. The Partnership has not sent an annual report or proxy statements to the Limited Partners and does not intend to send a proxy statement to the Limited Partners. The Partnership will send the Limited Partners an annual report and will furnish the Commission with copies of the annual report on or before April 30, 2000. Capital Builders Development Properties A California Limited Partnership SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION December 31,1999
Column A Column B Column C Column D Cost Captialized Description Encumbrances Initial Cost Subsequent to Acquistion Land (1) Improvements Carrying (1) Costs Commercial Office Bldg. Rancho Cordova $4,199,057 $1,143,165 $4,822,338 $19,482 Balance at beginning of period Additions Sale of Capital Professional Center Deletions (2) Balance at end of period Column A Column E Dscription Gross Carrying Amount at End of Period Buildings & Land Improvements Total(1) Commercial Office Bldg. Rancho Cordova $1,353,177 $4,631,808 $5,984,985 Column E Total 1997 1998 1999 Balance at beginning of period $9,360,370 $5,174,921 $5,132,052 Additions 48,621 1,588 852,933 Sale of Capital Professional Center (4,172,587) 0 0 Deletions (2) (61,483) (44,457) 0 Balance at end of period $5,174,921 $5,132,052 $5,984,985 Column A Column F Column G Column H Column I Accumulated Date of Date Depreciation Description Depreciation Construction Acquired Life Commercial 40 Years Office Bldg. (Bldg) Rancho Cordova Life of $1,470,519 1987 1985 Lease (Tenant Imp.) Column F Total 1997 1998 1999 Balance at $2,107,769 $1,227,141 $1,404,343 beginning of period Additions 189,977 221,659 66,176 Sale of Capital Professional (1,009,122) 0 0 Center Deletions (2) (61,483) (44,457) 0 Balance at end of $1,227,141 $1,404,343 $1,470,519 period 1) Valuation allowance for possible investment loss of $742,000 at December 31, 1995 was charged against the cost basis of the land and building and improvements on a pro rata basis in accordance with the provisions of SFAS No. 121 which was adopted on January 1, 1996. 2) Deletions represent the write-off of fully amortized tenant improvement costs.
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