##### Table of Contents



UNITED STATES
 SECURITIES AND EXCHANGE
    COMMISSION
 Washington, D.C. 20549
  FORM 10-K
  (Mark One)
 [X]  ANNUAL REPORT
    PURSUANT TO SECTION 13 OR 15(d) OF THE
 SECURITIES EXCHANGE ACT OF
    1934
  For the fiscal year ended December 31,
    2009
  OR
  [ ]  TRANSITION
    REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
 SECURITIES EXCHANGE ACT OF
    1934
  For the transition period from
    
    to
  Commission file no. 0-16191
  DEL TACO RESTAURANT PROPERTIES
    I
 (A California limited partnership)
 (Exact name of registrant as
    specified in its charter)
  California(State or other jurisdiction of
    incorporation or organization)

95-3852699(I.R.S. Employer
    Identification Number)25521 Commercentre Drive
    Lake Forest, California(Address of principal executive
    offices)

92630(Zip Code)    (949) 462-9300
      X
  X
  X
  S-T
  Regulation S-K Form 10-K Form 10-K. o
  DOCUMENTS
    INCORPORATED BY REFERENCE
      Large
    accelerated
    filer o
    Accelerated
    filer o
    Non-accelerated
    filer þ
    Smaller
    reporting
    company o   Rule 12b-2  X




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TABLE OF CONTENTS  PART IItem 1. BusinessItem 1A. Risk FactorsItem 2. PropertiesItem 3. Legal ProceedingsItem 4. [Reserved]PART IIItem 5. Market for the Partnerships Common Equity, Related Security Holder Matters and Issuer Purchases of Equity SecuritiesItem 6. Selected Financial DataItem 7. Managements Discussion and Analysis of Financial Condition and Results of OperationsItem 7A. Quantitative and Qualitative Disclosures About Market RiskItem 8. Financial Statements and Supplementary DataItem 9. Changes in and Disagreements with Accountants on Accounting and Financial DisclosuresItem 9A(T). Controls and ProceduresItem 9B. Other InformationPART IIIItem 10. Directors, Executive Officers, and Corporate GovernanceItem 11. Executive CompensationItem 12. Security Ownership of Certain Beneficial Owners and ManagementItem 13. Certain Relationships and Related Transactions, and Director IndependenceItem 14. Principal Accountant Fees and ServicesPART IVItem 15. Exhibits and Financial Statement SchedulesSIGNATURESEXHIBIT INDEXEX-31.1EX-31.2EX-32.1    Table of Contents  
 PART I
 
 Item 1.
    
    Business
    
 Item 1A.
    
    Risk Factors
  2




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##### Table of Contents



Item 2.
    
    Properties
  Date ofDate of
    
    Restaurant
    
    CommencementAddress
    
    City, State
    
    Acquisition
    
    Constructed
    
    of Operation (1)Riverside Avenue
    
    Rialto, CA
    
    September 28, 1984
    
    60 seat with drive
through service
window
    
    February 12, 1985Elden
Avenue
    
    Moreno Valley, CA
    
    March 8, 1985
    
    60 seat with drive
through service
window
    
    June 30, 1985Foothill Boulevard
    
    La Verne, CA
    
    April 16, 1985
    
    60 seat with drive
through service
window
    
    November 6, 1985Baseline & Archibald
    
    Rancho Cucamonga, CA
    
    July 10, 1985
    
    60 seat with drive
through service
window
    
    November 26, 1985Elkhorn Boulevard
    
    Sacramento, CA
    
    August 22, 1985
    
    60 seat with drive
through service
window
    
    January 15, 1986Haven
Avenue
    
    Rancho Cucamonga, CA
    
    September 20, 1985
    
    60 seat with drive
through service
window
    
    February 14, 1986
 See also Schedule III  Real Estate and Accumulated Depreciation included in Item 8.(1)
    
    Commencement of operation is the first date Del Taco, as lessee, operated the facility on the
site as a Del Taco restaurant. 
 Item 3.
    
    Legal Proceedings
  
 Item 4.
    
    [Reserved]
 3




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##### Table of Contents



PART II
 
 Item 5.
    
    Market for the Partnerships Common Equity, Related Security Holder Matters and Issuer
Purchases of Equity Securities
  
 Item 6.
    
    Selected Financial Data
  Years Ended December 31,2009
    
    2008
    
    2007
    
    2006
    
    2005Rental revenues
    
    $
    740,556
    
    
    $
    746,097
    
    
    $
    730,322
    
    
    $
    722,953
    
    
    $
    780,229General and administrative expense
    
    
    73,711
    
    
    
    71,643
    
    
    
    73,984
    
    
    
    71,436
    
    
    
    68,833Depreciation expense
    
    
    28,948
    
    
    
    28,948
    
    
    
    28,948
    
    
    
    28,948
    
    
    
    40,420Interest and other income
    
    
    1,849
    
    
    
    4,576
    
    
    
    6,100
    
    
    
    5,443
    
    
    
    4,627Net income
    
    
    639,746
    
    
    
    650,082
    
    
    
    633,490
    
    
    
    628,012
    
    
    
    675,603Net income per limited
partnership unit
    
    
    72.37
    
    
    
    73.54
    
    
    
    71.67
    
    
    
    71.05
    
    
    
    76.43Cash distributions per limited
partnership unit
    
    
    75.40
    
    
    
    68.35
    
    
    
    74.47
    
    
    
    76.21
    
    
    
    80.45Total assets
    
    
    2,227,303
    
    
    
    2,243,902
    
    
    
    2,205,826
    
    
    
    2,275,794
    
    
    
    2,316,566Long-term obligations
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
 4




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Item 7.
    
    Managements Discussion and Analysis of Financial Condition and Results of Operations
   Liquidity and Capital Resources
   Off Balance Sheet Arrangements and Contractual Obligations
  Results of Operations
  5




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Item 7.
    
    Managements Discussion and Analysis of Financial Condition and Results of Operations 
(Continued)
 Results of Operations
  Years Ended December 31,2009
    
    
    2008
    
    
    2007Riverside Avenue, Rialto, CA
    
    $
    113,245
    
    
    $
    114,099
    
    
    $
    113,841Elden Avenue, Moreno Valley, CA
    
    
    99,709
    
    
    
    102,202
    
    
    
    103,720Foothill Boulevard, La Verne, CA
    
    
    172,009
    
    
    
    175,614
    
    
    
    175,299Baseline & Archibald, Rancho Cucamonga, CA
    
    
    118,127
    
    
    
    119,344
    
    
    
    121,287Elkhorn Boulevard, Sacramento, CA
    
    
    101,142
    
    
    
    90,482
    
    
    
    81,243Haven Avenue, Rancho Cucamonga, CA
    
    
    136,324
    
    
    
    144,356
    
    
    
    134,932Total
    
    $
    740,556
    
    
    $
    746,097
    
    
    $
    730,322
    Percentage of Total General and Administrative Expense
 Years Ended December 31,2009
    
    2008
    
    2007Accounting fees
    
    
    58.89
    %
    
    
    66.09
    %
    
    
    62.92
    %Distribution of information
to limited partners
    
    
    36.09
    
    
    
    32.77
    
    
    
    35.64Other
    
    
    5.02
    
    
    
    1.14
    
    
    
    1.44100.00
    %
    
    
    100.00
    %
    
    
    100.00
    %
   6




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Item 7.
    
    Managements Discussion and Analysis of Financial Condition and Results of
Operations (Continued)
 Results of Operations
   Recent Accounting Pronouncements
  Critical Accounting Policies and Estimates
  Revenue Recognition:
 7




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Item 7.
    
    Managements Discussion and Analysis of Financial
Condition and Results of Operations 
(Continued)
 Property and Equipment:
  
 Item 7A.
    
    Quantitative and Qualitative Disclosures About Market Risk
  8




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Item 8.
    
    Financial Statements and Supplementary Data
 PART I. INFORMATION
 INDEX
    
    PAGE NUMBERReport of Independent Registered Public Accounting Firm 
Squar, Milner, Peterson, Miranda & Williamson, LLP
    
    
    10Balance Sheets at December 31, 2009 and 2008
    
    
    11Statements of Income for the years ended
December 31, 2009, 2008 and 2007
    
    
    12Statements of Partners Equity for
the years ended December 31, 2009, 2008 and 2007
    
    
    13Statements of Cash Flows for the years ended
December 31, 2009, 2008 and 2007
    
    
    14Notes to Financial Statements
    
    
    15-20Schedule III  Real Estate and Accumulated Depreciation
    
    
    27
 9




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Report of Independent Registered Public Accounting Firm
 
        10




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DEL TACO RESTAURANT PROPERTIES I
 
 BALANCE SHEETS
 December 31,2009
    
    
    2008ASSETSCURRENT ASSETS:Cash
    
    $
    218,535
    
    
    $
    207,772Receivable from Del Taco LLC
    
    
    63,552
    
    
    
    62,158Deposits
    
    
    1,302
    
    
    
    1,110Total current assets
    
    
    283,389
    
    
    
    271,040PROPERTY AND EQUIPMENT:Land and improvements
    
    
    1,929,685
    
    
    
    1,929,685Buildings and improvements
    
    
    1,013,134
    
    
    
    1,013,134Machinery and equipment
    
    
    1,136,026
    
    
    
    1,136,0264,078,845
    
    
    
    4,078,845Lessaccumulated depreciation
    
    
    2,134,931
    
    
    
    2,105,9831,943,914
    
    
    
    1,972,862$
    2,227,303
    
    
    $
    2,243,902LIABILITIES AND PARTNERS EQUITYCURRENT LIABILITIES:Payable to limited partners
    
    $
    39,926
    
    
    $
    31,289Accounts payable
    
    
    8,463
    
    
    
    6,967Total current liabilities
    
    
    48,389
    
    
    
    38,256PARTNERS EQUITY:Limited partners; 8,751 units outstanding at December 31, 2009
and December 31, 2008
    
    
    1,917,028
    
    
    
    1,943,492General partner-Del Taco LLC
    
    
    261,886
    
    
    
    262,1542,178,914
    
    
    
    2,205,646$
    2,227,303
    
    
    $
    2,243,902
  11




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DEL TACO RESTAURANT PROPERTIES I
 
 STATEMENTS OF INCOME
 Years Ended December 31,2009
    
    
    2008
    
    
    2007RENTAL REVENUES
    
    $
    740,556
    
    
    $
    746,097
    
    
    $
    730,322EXPENSES:General and administrative
    
    
    73,711
    
    
    
    71,643
    
    
    
    73,984Depreciation
    
    
    28,948
    
    
    
    28,948
    
    
    
    28,948102,659
    
    
    
    100,591
    
    
    
    102,932Operating income
    
    
    637,897
    
    
    
    645,506
    
    
    
    627,390OTHER INCOME:Interest
    
    
    274
    
    
    
    1,551
    
    
    
    4,375Other
    
    
    1,575
    
    
    
    3,025
    
    
    
    1,725Net income
    
    $
    639,746
    
    
    $
    650,082
    
    
    $
    633,490Net income per limited
partnership unit (note 2)
    
    $
    72.37
    
    
    $
    73.54
    
    
    $
    71.67Number of limited partnership units
used in computing per unit amounts
    
    
    8,751
    
    
    
    8,751
    
    
    
    8,751
  12




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DEL TACO RESTAURANT PROPERTIES I
 
 STATEMENTS OF PARTNERS EQUITY
 Years Ended December 31, 2009, 2008, and 2007
 Limited Partners
    
    
    GeneralUnits
    
    
    Amount
    
    
    Partner
    
    
    TotalBalance, December 31, 2006
    
    
    8,751
    
    
    $
    1,922,554
    
    
    $
    261,942
    
    
    $
    2,184,496Net Income
    
    
    
    
    
    
    627,155
    
    
    
    6,335
    
    
    
    633,490Cash Distributions
    
    
    
    
    
    
    (651,594
    )
    
    
    (6,582
    )
    
    
    (658,176
    )Balance, December 31, 2007
    
    
    8,751
    
    
    
    1,898,115
    
    
    
    261,695
    
    
    
    2,159,810Net Income
    
    
    
    
    
    
    643,581
    
    
    
    6,501
    
    
    
    650,082Cash Distributions
    
    
    
    
    
    
    (598,204
    )
    
    
    (6,042
    )
    
    
    (604,246
    )Balance, December 31, 2008
    
    
    8,751
    
    
    
    1,943,492
    
    
    
    262,154
    
    
    
    2,205,646Net Income
    
    
    
    
    
    
    633,349
    
    
    
    6,397
    
    
    
    639,746Cash Distributions
    
    
    
    
    
    
    (659,813
    )
    
    
    (6,665
    )
    
    
    (666,478
    )Balance, December 31, 2009
    
    
    8,751
    
    
    $
    1,917,028
    
    
    $
    261,886
    
    
    $
    2,178,914
  13




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DEL TACO RESTAURANT PROPERTIES I
 
 STATEMENTS OF CASH FLOWS
 Years Ended December 31,2009
    
    
    2008
    
    
    2007CASH FLOWS FROM OPERATING ACTIVITIES:Net income
    
    $
    639,746
    
    
    $
    650,082
    
    
    $
    633,490Adjustments to reconcile net income to net
cash provided by operating activities:Depreciation
    
    
    28,948
    
    
    
    28,948
    
    
    
    28,948Changes in operating assets and liabilities:Receivable from Del Taco LLC
    
    
    (1,394
    )
    
    
    (65
    )
    
    
    (452
    )Deposits
    
    
    (192
    )
    
    
    (124
    )
    
    
    144Payable to limited partners
    
    
    8,637
    
    
    
    (7,868
    )
    
    
    (42,720
    )Accounts payable
    
    
    1,496
    
    
    
    108
    
    
    
    (2,562
    )Net cash provided by operating activities
    
    
    677,241
    
    
    
    671,081
    
    
    
    616,848CASH FLOWS FROM INVESTING ACTIVITIES:Purchase of land and improvements
    
    
    
    
    
    
    (77,203
    )
    
    
    CASH FLOWS FROM FINANCING ACTIVITIES:Cash distributions to partners
    
    
    (666,478
    )
    
    
    (604,246
    )
    
    
    (658,176
    )Net increase (decrease) in cash
    
    
    10,763
    
    
    
    (10,368
    )
    
    
    (41,328
    )Beginning cash balance
    
    
    207,772
    
    
    
    218,140
    
    
    
    259,468Ending cash balance
    
    $
    218,535
    
    
    $
    207,772
    
    
    $
    218,140
  14




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DEL TACO RESTAURANT PROPERTIES I
 
 NOTES TO FINANCIAL STATEMENTS
 NOTE 1  ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
 The Partnership:
   Basis of Accounting:
 Property and Equipment:
  15




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DEL TACO RESTAURANT PROPERTIES I  NOTES TO FINANCIAL STATEMENTS  CONTINUED
 NOTE 1  ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  (Continued)
 Income Taxes:
 Net Income Per Limited Partnership Unit:
 Use of Estimates:
 Revenue Recognition:
 Concentration of Risk:
  Fair Value of Financial Instruments:
 NOTE 2  PARTNERS EQUITY
   16




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DEL TACO RESTAURANT PROPERTIES I  NOTES TO FINANCIAL STATEMENTS  CONTINUED
 NOTE 3  LEASING ACTIVITIES
   NOTE 4  RELATED PARTIES
     17




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DEL TACO RESTAURANT PROPERTIES I  NOTES TO FINANCIAL STATEMENTS  CONTINUED
 NOTE 5  INCOME TAXES (UNAUDITED)
   2009
    
    
    2008
    
    
    2007Net income per financial statements
    
    $
    639,746
    
    
    $
    650,082
    
    
    $
    633,490Excess book depreciation
    
    
    17,328
    
    
    
    17,328
    
    
    
    17,328Taxable income
    
    $
    657,074
    
    
    $
    667,410
    
    
    $
    650,818
  Partners equity per financial statements
    
    $
    2,178,914Issue costs of limited partnership units
capitalized for tax purposes
    
    
    637,325Difference in book vs. tax depreciation
    
    
    145,547Other
    
    
    235Partners equity for tax purposes
    
    $
    2,962,021
 18




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DEL TACO RESTAURANT PROPERTIES I  NOTES TO FINANCIAL STATEMENTS  CONTINUED
 NOTE 6  CASH DISTRIBUTIONS TO LIMITED PARTNERS
  Cash
    
    
    Weighted
    
    
    Number of UnitsDistribution per
    
    
    Average Number
    
    
    Outstanding atLimited Partnership
    
    
    of Units
    
    
    the End ofQuarter Ended
    
    Unit
    
    
    Outstanding
    
    
    QuarterDecember 31, 2006
    
    $
    19.53
    
    
    
    8,751
    
    
    
    8,751March 31, 2007
    
    
    17.39
    
    
    
    8,751
    
    
    
    8,751June 30, 2007
    
    
    16.56
    
    
    
    8,751
    
    
    
    8,751September 30, 2007
    
    
    20.99
    
    
    
    8,751
    
    
    
    8,751Total paid in 2007
    
    $
    74.47December 31, 2007
    
    $
    19.68
    
    
    
    8,751
    
    
    
    8,751March 31, 2008
    
    
    9.60
    
    
    
    8,751
    
    
    
    8,751June 30, 2008
    
    
    19.66
    
    
    
    8,751
    
    
    
    8,751September 30, 2008
    
    
    19.41
    
    
    
    8,751
    
    
    
    8,751Total paid in 2008
    
    $
    68.35December 31, 2008
    
    $
    19.40
    
    
    
    8,751
    
    
    
    8,751March 31, 2009
    
    
    17.95
    
    
    
    8,751
    
    
    
    8,751June 30, 2009
    
    
    17.42
    
    
    
    8,751
    
    
    
    8,751September 30, 2009
    
    
    20.63
    
    
    
    8,751
    
    
    
    8,751Total paid in 2009
    
    $
    75.40
  NOTE 7  RESULTS BY QUARTER (UNAUDITED)
 First
    
    Second
    
    Third
    
    FourthQuarter
    
    Quarter
    
    Quarter
    
    QuarterYear ended December 31, 2009Rental revenues
    
    $
    174,976
    
    
    $
    185,139
    
    
    $
    189,683
    
    
    $
    190,758Net income
    
    
    131,147
    
    
    
    165,177
    
    
    
    169,545
    
    
    
    173,877Net income per limited partnership unit
    
    
    14.84
    
    
    
    18.69
    
    
    
    19.18
    
    
    
    19.66Year ended December 31, 2008Rental revenues
    
    $
    183,905
    
    
    $
    185,959
    
    
    $
    189,942
    
    
    $
    186,291Net income
    
    
    136,914
    
    
    
    170,451
    
    
    
    174,089
    
    
    
    168,628Net income per limited partnership unit
    
    
    15.49
    
    
    
    19.28
    
    
    
    19.69
    
    
    
    19.08
 19




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DEL TACO RESTAURANT PROPERTIES I  NOTES TO FINANCIAL STATEMENTS  CONTINUED
 NOTE 8  PAYABLE TO LIMITED PARTNERS
  20




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Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosures
  
 Item 9A(T). Controls and Procedures
     (a)
    
    Managements Report on Internal Control over Financial Reporting
  Internal Control 
Integrated Framework
 21




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(b)
    
    Changes in internal controls:
  
 Item 9B. Other Information
  
 PART III
 
 Item 10. Directors, Executive Officers, and Corporate Governance
  Name
    
    Title
    
    AgePaul J.B. Murphy, III
    
    Chief Executive Officer
    
    
    55James W. Lyons
    
    Chief Development Officer
    
    
    54James D. Stoops
    
    Executive Vice President, Operations
    
    
    57Janet D. Erickson
    
    Executive Vice President, Purchasing
    
    
    53Steven L. Brake
    
    Treasurer
    
    
    37
  (c)
    
    None(d)
    
    No family relationship exists between any such officer of the General Partner.(e)
    
    The following is an account of the business experience during the past five years of each
such officer:
 
 22




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##### Table of Contents



Paul J. B. Murphy, III
 James W. Lyons
 James D. Stoops
 Janet D. Erickson
 Steven L. Brake
   23




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Item 11. Executive Compensation
  
 Item 12. Security Ownership of Certain Beneficial Owners and Management
 (a)
    
    No person of record currently owns more than five percent of limited partnership units of the
Partnership, nor was any person known of by the Partnership to own of record and beneficially,
or beneficially only, more than five percent of such securities.
 (b)
    
    Neither Del Taco LLC, nor any executive officer or director of Del Taco LLC, owns any limited
partnership units of the Partnership.
 (c)
    
    The Partnership knows of no contractual arrangements, the operation or the terms of which may
at a subsequent date result in a change in control of the Partnership, except for provisions
in the Partnership agreement providing for removal of the General Partner by holders of a
majority of the limited partnership units and if a material event of default occurs under the
financing agreements of the General Partner.
 24




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Item 13. Certain Relationships and Related Transactions, and Director Independence
 (a)
    
    No transactions have occurred between the Partnership and any executive officer or director
of its General Partner.During 2009, the following transactions occurred between the Partnership and the General
Partner pursuant to the terms of the partnership agreement.
 (1)
    
    The General Partner earned $6,397 as its one percent share of the net income of
the Partnership.(2)
    
    The General Partner received $6,665 in distributions relating to its one percent
interest in the Partnership.
 (b)
    
    During 2009, the Partnership had no business relationships with any entity of a type required
to be reported under this item.
 (c)
    
    Neither the General Partner, any director or officer of the General Partner, or any associate
of any such person, was indebted to the Partnership at any time during 2009 for any amount.
  
 Item 14. Principal Accountant Fees and Services
  2009
    
    
    2008Audit Fees
    
    $
    17,547
    
    
    $
    17,779Audit-Related Fees
    
    
    0
    
    
    
    0Tax Fees
    
    
    0
    
    
    
    0All Other Fees
    
    
    0
    
    
    
    0Total
    
    $
    17,547
    
    
    $
    17,779
  25




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PART IV
 
 Item 15. Exhibits and Financial Statement Schedules
 (a)(1)
    
    Financial StatementsIncluded in Part II of this report:Report of Independent Registered Public Accounting Firm
 Squar,
Milner, Peterson, Miranda & Williamson, LLP
Balance Sheets
Statements of Income
Statements of Partners Equity
Statements of Cash Flows
Notes to Financial Statements(a)(2)
    
    Financial Statement ScheduleSchedule III  Real Estate and Accumulated DepreciationFinancial statement schedules other than those referred to above have been omitted because
they are not applicable or not required.(b)
    
    Reports on Form 8-KNone(c)
    
    Exhibits required by Item 601 of Regulation S-K:
 1.
    
    Incorporated herein by reference, Restated Certificate and Agreement of
Limited Partnership of Del Taco Restaurant Properties I filed as Exhibit 3.01 to
Partnerships Registration Statement on Form S-11 as filed with the Securities and
Exchange Commission on December 17, 1982.2.
    
    Incorporated herein by reference, Amendment to Restated
Certificate and Agreement of Limited Partnership of Del
Taco Restaurant Properties I.3.
    
    Incorporated herein by reference, Form of Standard Lease
to be entered into by partnership and Del Taco LLC, as
lessee, filed as Exhibit 10.02 to Partnerships
Registration Statement on Form S-11 as filed with the
Securities and Exchange Commission on December 17, 1982.31.1
    
    Paul J.B. Murphy, IIIs Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 200231.2
    
    Steven L. Brakes Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 200232.1
    
    Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
 26




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##### Table of Contents



DEL TACO RESTAURANT PROPERTIES I
SCHEDULE III  REAL ESTATE AND ACCUMULATED DEPRECIATION
DECEMBER 31, 2009
 Cost capitalized
    
    Gross amount atInitial cost
    
    subsequent to
    
    which carried atto company
    
    acquisition
    
    close of period
    
    
    
    
    
    
    
    
    
    
    
    
    
    Life on whichLand
    
    Building &
    
    
    
    Land, buildings &
    
    
    
    
    
    
    
    
    
    
    
    
    
    depreciation in latestDescription
    
    
    
    
    
    & land
    
    Improve-
    
    Carrying
    
    improvements
    
    Accumulated
    
    Date of
    
    Date
    
    income statement(All Restaurants)
    
    Encumbrances
    
    improvements
    
    ments
    
    costs
    
    Total
    
    depreciation
    
    construction
    
    acquired
    
    is computedRialto, CA
    
    $
    
    
    
    $
    274,837
    
    
    $
    150,310
    
    
    $
    
    
    
    $
    425,147
    
    
    $
    148,200
    
    
    
    1984
    
    
    
    1984
    
    
    20 (LI), 35 (BI)Moreno Valley, CA
    
    
    
    
    
    
    353,557
    
    
    
    193,362
    
    
    
    
    
    
    
    546,919
    
    
    
    190,646
    
    
    
    1985
    
    
    
    1985
    
    
    20 (LI), 35 (BI)La Verne, CA
    
    
    
    
    
    
    452,423
    
    
    
    247,433
    
    
    
    
    
    
    
    699,856
    
    
    
    243,956
    
    
    
    1985
    
    
    
    1985
    
    
    20 (LI), 35 (BI)Rancho Cucamonga, CA
    
    
    
    
    
    
    293,817
    
    
    
    160,690
    
    
    
    77,203
    
    
    
    531,710
    
    
    
    158,428
    
    
    
    1985
    
    
    
    1985
    
    
    20 (LI), 35 (BI)Sacramento, CA
    
    
    
    
    
    
    260,516
    
    
    
    142,478
    
    
    
    
    
    
    
    402,994
    
    
    
    140,479
    
    
    
    1985
    
    
    
    1985
    
    
    20 (LI), 35 (BI)Rancho Cucamonga, CA
    
    
    
    
    
    
    217,332
    
    
    
    118,861
    
    
    
    
    
    
    
    336,193
    
    
    
    117,196
    
    
    
    1985
    
    
    
    1985
    
    
    20 (LI), 35 (BI)$
    
    
    
    $
    1,852,482
    
    
    $
    1,013,134
    
    
    $
    77,203
    
    
    $
    2,942,819
    
    
    $
    998,905
 AccumulatedRestaurants
    
    DepreciationBalances at December 31, 2006:
    
    $
    2,865,616
    
    
    $
    912,061Additions
    
    
    
    
    
    
    28,948Retirements
    
    
    
    
    
    
    Balances at December 31, 2007:
    
    
    2,865,616
    
    
    
    941,009Additions
    
    
    77,203
    
    
    
    28,948Retirements
    
    
    
    
    
    
    Balances at December 31, 2008:
    
    
    2,942,819
    
    
    
    969,957Additions
    
    
    
    
    
    
    28,948Retirements
    
    
    
    
    
    
    Balances at December 31, 2009:
    
    $
    2,942,819
    
    
    $
    998,905
   27




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##### Table of Contents



SIGNATURES
  DEL TACO RESTAURANT PROPERTIES Ia California limited partnershipDel Taco LLCGeneral PartnerDate March 12, 2010
    
    Paul J.B. Murphy, III

Paul J.B. Murphy, IIIChief Executive OfficerDate March 12, 2010
    
    James W. Lyons

James W. LyonsChief Development OfficerDate March 12, 2010
    
    Steven L. Brake

Steven L. Brake

Treasurer
 28




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##### Table of Contents



EXHIBIT INDEX
 Exhibit
    
    Description1.
    
    Incorporated herein by reference, Restated Certificate and Agreement of
Limited Partnership of Del Taco Restaurant Properties I filed as Exhibit 3.01 to
Partnerships Registration Statement on Form S-11 as filed with the Securities and
Exchange Commission on December 17, 1982.2.
    
    Incorporated herein by reference, Amendment to Restated
Certificate and Agreement of Limited Partnership of Del
Taco Restaurant Properties I.3.
    
    Incorporated herein by reference, Form of Standard Lease
to be entered into by partnership and Del Taco LLC, as
lessee, filed as Exhibit 10.02 to Partnerships
Registration Statement on Form S-11 as filed with the
Securities and Exchange Commission on December 17, 1982.31.1
    
    Paul J.B. Murphy, IIIs Certification Pursuant to Section 302 of the Sarbanes-Oxley
Act of 200231.2
    
    Steven L. Brakes Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 200232.1
    
    Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
 29