L&C Springs Associates, Solomon A. Weisgal Investment Associates, Tax Matters Partner, et al. - Page 4

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            Miami Springs, Florida, just north of Miami International                                 
            Airport.                                                                                  
                  From 1980 through 1983, Burton Kanter (Kanter), and from                            
            1983 through 1991, Lawrence A. Freeman, served as president of                            
            Tanglewood.  From 1983 through 1991, Lloyd J. Boggio (Boggio)                             
            served as vice president of Tanglewood.                                                   
                  Tanglewood's $2.1 million stated purchase price for the L&C                         
            Properties was reflected by cash, by short-term notes guaranteed                          
            by Kanter, and by a $1.6 million wrap-around mortgage note that                           
            Tanglewood issued in favor of the Clinton Family Trust.                                   
                  The record does not reflect the history of the ownership of                         
            the L&C Properties by the Clinton Family Trust, specifically when                         
            and for what consideration the Clinton Family Trust acquired the                          
            L&C Properties.                                                                           
                  On October 29, 1981, L&C Springs was formed under the laws                          
            of the State of Illinois as a tax-oriented limited partnership                            
            for the purpose of purchasing from Tanglewood an interest in the                          
            L&C Properties.                                                                           
                  At the time the petitions were filed, L&C Springs' principal                        
            place of business was located in Chicago, Illinois.                                       













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