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                                                                    EXHIBIT 99.1


          AGREEMENT REGARDING DISCLOSURE OF LONG-TERM DEBT INSTRUMENTS

     In reliance upon Item 601(b)(4)(iii)(A), of Regulation S-K, AIMCO
Properties, L.P., a Delaware limited partnership (the "Partnership") has not
filed as an exhibit to its Quarterly Report on Form 10-Q for the quarterly
period ending June 30, 2000, any instrument with respect to long-term debt not
being registered where the total amount of securities authorized thereunder does
not exceed 10 percent of the total assets of the Partnership and its
subsidiaries on a consolidated basis. Pursuant to Item 601(b)(4)(iii)(A), of
Regulation S-K, the Partnership hereby agrees to furnish a copy of any such
agreement to the Securities Exchange Commission upon request.


                                                    AIMCO PROPERTIES, L.P.

                                                    By:  AIMCO-GP, INC.

                                                    By:  /s/ PETER KOMPANIEZ
                                                         -------------------
                                                         Peter Kompaniez
                                                         President