-----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, LSjnv/fZe0N4h/qk9kcC+Rin6sBjB15/pGAi0mqJZKEoOBPnic4NDrcn/2EjxvDk q7Ma2mkyMPPF42ab9RHFSQ== 0000950114-99-000059.txt : 19990505 0000950114-99-000059.hdr.sgml : 19990505 ACCESSION NUMBER: 0000950114-99-000059 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990428 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990504 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CENTURY PACIFIC TAX CREDIT HOUSING FUND II CENTRAL INDEX KEY: 0000840258 STANDARD INDUSTRIAL CLASSIFICATION: OPERATORS OF APARTMENT BUILDINGS [6513] IRS NUMBER: 954178283 STATE OF INCORPORATION: CA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 033-24537 FILM NUMBER: 99609646 BUSINESS ADDRESS: STREET 1: 1925 CENTURY PARK EAST STE 1760 STREET 2: CENTURY PACIFIC CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 3102081888 MAIL ADDRESS: STREET 1: 1925 CENTURY PARK EAST STREET 2: SUITE 1760 CITY: LOS ANGELES STATE: CA ZIP: 90067 8-K 1 CENTURY PACIFIC TAX CREDIT HOUSING FUND-II FORM 8-K 1 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 28, 1999 ----------------------- CENTURY PACIFIC TAX CREDIT HOUSING FUND-II ------------------------------------------------------------ (Exact name of registrant as specified in its charter) CALIFORNIA 33-24537 95-4178283 - -------------------------------- --------------- -------------------- (State or other jurisdiction of Commission File (I.R.S. Employer incorporation or organization) Number Identification No.) 1925 CENTURY PARK EAST, SUITE 1760, LOS ANGELES, CA 90067 -------------------------------------------------------------------------- Registrant's telephone number, including area code (310) 208-1888 ----------------------- Not Applicable -------------------------------------------------------------------------- (Former name or former address, if changed since last report) 2 Item 4. Changes in Registrant's Certifying Account Effective April 28, 1999, Century Pacific Tax Credit Housing Fund-II ("Fund-II") dismissed its former certifying accountants, Novogradac & Company LLP ("Novogradac") and appointed the firm of Rubin, Brown, Gornstein & Co., LLP ("Rubin") to serve as its certifying accountants for its fiscal year ending March 31, 1999. The decision to change accountants was approved by the general partners of Fund-II. During the fiscal year ended March 31, 1998, and the subsequent interim period preceding the date hereof, there were no disagreements between Fund-II and Novogradac 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 Novogradac, would have caused them to make reference to the subject matter of the disagreements in connection with their reports. Novogradac's reports on Fund-II's financial statements for the fiscal year ended March 31, 1998 contained a modification as to uncertainty of Fund-II to continue as a going concern. Except as set forth above, Novogradac's reports on the above mentioned financial statements contained no adverse opinion or disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope or accounting principles. There have been no events set forth in Item 304(a)(1)(v) of Regulations S-K that have occurred with respect to Fund-II within the last fiscal year or the subsequent interim period preceding the date hereof. Novogradac was not the auditor of record prior to the fiscal year ending March 31, 1998. Also during the fiscal year ended March 31, 1998, and the subsequent interim period preceding the date hereof, Fund-II did not consult Rubin regarding any of the matters or events set forth in Item 304(a)(2)(i) and (ii) of Regulation S-K. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) Exhibits. 16.1 Letter from Novogradac & Company LLP to the Securities and Exchange Commission regarding change in certifying accountant. 3 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. CENTURY PACIFIC TAX CREDIT HOUSING FUND-II (Registrant) Dated: April 28, 1999 By: CENTURY PACIFIC CAPITAL II CORPORATION, GENERAL PARTNER By: /s/ Essie Safaie -------------------------------------- Essie Safaie Chief Financial Officer EX-16.1 2 1 April 28, 1999 Office of the Chief Accountant Securities and Exchange Commission 450 - 5th Street, NW Washington, DC 20549 To Whom It May Concern: This letter serves to confirm that the client - auditor relationship between Century Pacific Tax Credit Housing Fund-II and Novogradac & Company, LLP has ceased effective April 28, 1999 and Novogradac & Company LLP will no longer serve as independent accountants of record. During the registrant's most recent fiscal year and to the date of this letter, there have been no disagreements over any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreement, if not resolved, would have caused us to make reference thereto in our reports. Our reports on the Partnership's financial statements contained a modification as to the uncertainty of Century Pacific Tax Credit Housing Fund-II to continue as a going concern. Our reports did not contain an adverse opinion or disclaimers of opinion and were not qualified as to uncertainty, audit scope or accounting principle other than previously discussed. We agree with the statements made by Century Pacific Housing Tax Credit Fund-II included in Item 4 of Form 8-K. Sincerely, /s/ Novogradac & Company LLP NOVOGRADAC & COMPANY, LLP cc: Mr. Irwin Deutch, Chairman Century Pacific Corporation c/o Century Pacific Housing Fund-I 1925 Century Park East, Suite 1760 Los Angeles, California 90067 -----END PRIVACY-ENHANCED MESSAGE-----