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EXHIBIT 3.4
AMENDMENT TO ARTICLE 6.1 OF
LIMITED PARTNERSHIP AGREEMENT
This Amendment to Article 6.1 of the Limited Partnership Agreement of
Dodge City Healthcare Group, LP, dated March 1, 1995, is entered into on June
13, 1997, between Dodge City Healthcare Group, LP by and through its general
partner (Partnership) and Dodge City Outpatient Surgical Facility, Inc. (Limited
Partner).
WHEREAS, subject to change based on the cash needs of the Partnership,
the General Partner agrees to distribute 90% of book pretax income for 1997 to
1999 and 85% thereafter until the intercompany debt is retired. Further, the
Partnership agrees to distribute these profits on a quarterly basis by April 15,
June 15, September 15, and January 15 of each year (i.e., approximate due dates
of estimated quarterly federal and state income tax payments). By the fourth
quarter distribution on January 15, the total amount distributed for the year
should equal approximately 90% of the estimated annual distribution (i.e., 90%
of 90%, or 81% of pretax income for 1997). In March of each year, a final
distribution will be made to reconcile the quarterly distributions to the annual
distribution amount.
WHEREAS, for 1997, the Partnership agrees to distribute the Limited
Partner's portion of these distribution payments as follows:
Quarter Distribution Date Amount
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1st & 2nd June 1997 $600,000
3rd September 15, 1997 $250,000
4th January 15, 1998 $250,000
Final Adjustment March 1998 To be determined
WHEREAS, both parties agree to maintain the existing accounting
methodology for bad debts for income tax purposes and therefore forego filing an
amended 1996 Partnership income tax return in regards to the bad debts incurred
by the facility.
Dodge City Healthcare Group, LP Dodge City Outpatient Surgical
by and through Columbia/HCA of Facility, Inc.
Dodge City, its General Partner
By: By:
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Xxxxx Xxxxx Xxxx X. Xxxxxxx, CRNA
Division President President
By:
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Xxxxxxxx Xxxxx, MD
By:
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Xxxxx Xxxxxx, DDS
