Form: 8-K

Current report filing

July 25, 1997

8-K: Current report filing

Published on July 25, 1997


SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

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FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

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Date of Report (Date of earliest event reported): JULY 25, 1997
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BAY APARTMENT COMMUNITIES, INC.
(Exact name of Registrant as specified in charter)




MARYLAND 1-12672 77-0404318
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(State or other jurisdiction (Commission file number) (IRS employer
of incorporation) identification no.)



4340 STEVENS CREEK BOULEVARD, SUITE 275, SAN JOSE, CA 95129
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(Address of principal executive offices) (Zip Code)




(408) 983-1500
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(Registrant's telephone number, including area code)





ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

(c) Exhibits

1.1 Underwriting Agreement, dated as of June 17, 1997, by and
between Bay Apartment Communities, Inc. (the "Company"),
PaineWebber Incorporated and Morgan Stanley Dean Witter,
relating to the sale of 2,300,000 shares of 8.50% Series C
Cumulative Redeemable Preferred Stock, par value $.01 per
share (the "Series C Preferred Stock"), of the Company.

3(i).1 Definitive Articles Supplementary establishing and fixing
the rights and preferences of the Company's Series C
Preferred Stock.

2



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Company has duly caused this report to be filed on its behalf by
the undersigned thereunto duly authorized.



BAY APARTMENT COMMUNITIES, INC.



Dated: July 25, 1997 By: /s/ Jeffrey B. Van Horn
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Jeffrey B. Van Horn
Vice President and
Chief Financial Officer