Official Statement Airport Commission City and County of San ...

Series 2009A/B Bonds. On September 3, 2009, the Commission issued its Airport Commission of the
City and County of San Francisco San Francisco International Airport Second Series Revenue Bonds, Series 2009A
in the aggregate principal amount of $92,500,000 and the Commission issued its Airport Commission of the City
and County of San Francisco San Francisco International Airport Second Series Revenue Bonds, Series 2009B in
the aggregate principal amount of $82,500,000 (together, the “Series 2009A/B Bonds”) to refund Outstanding Bonds
and take advantage of opportunities presented by ARRA. The Series 2009A/B Bonds were issued to purchase for
deposit into a trust account the Commission’s San Francisco International Airport Second Series Variable Rate
Revenue Bonds, Issue 34AB and 34B. The Series 2009A/B Bonds are subject to mandatory tender by the Owners
thereof for purchase by the Commission. The obligation of the Commission to purchase Series 2009A/B Bonds
upon mandatory tender is not secured by any liquidity or credit facility.
Series 2009D Bonds. On November 4, 2009, the Commission issued its Airport Commission of the City
and County of San Francisco San Francisco International Airport Second Series Revenue Refunding Bonds, Series
2009D in the aggregate principal amount of $88,190,000 (the “Series 2009D Bonds”). The Series 2009D Bonds
were issued to refund all of the $88,190,000 outstanding principal amount of the Commission’s San Francisco
International Airport Second Series Revenue Notes, Series 2008B (the “Series 2008B Notes”). The Series 2009D
Bonds are subject to mandatory tender for purchase on December 4, 2012. The obligation of the Commission to
purchase Series 2009D Bonds upon mandatory tender is not secured by any liquidity or credit facility.
AIRLINE INFORMATION
The Commission cannot and does not assume any responsibility for the accuracy or completeness of any
information contained or referred to herein regarding the business operations or financial condition of any of the
airlines serving the Airport.
Each of the principal domestic airlines serving the Airport, or their respective parent corporations, and
foreign airlines serving the Airport with American Depository Receipts (“ADR’s”) registered on a national
exchange are subject to the information requirements of the Securities Exchange Act of 1934, and in accordance
therewith files reports and other information with the Securities and Exchange Commission (the “SEC”). Certain
information, including financial information, concerning such domestic airlines or their respective parent
corporations and such foreign airlines, is disclosed in certain reports and statements filed with the SEC. Such
reports and statements can be inspected at the Public Reference Room of the SEC, 450 Fifth Street, N.W.,
Washington, D.C. 20549; and the offices of The New York Stock Exchange, Inc., 20 Broad Street, New York, New
York 10005 (for certain airlines whose stock or whose parent’s stock is traded on the New York Stock Exchange).
Copies of such reports and statements can be obtained from the Public Reference Section of the SEC at 450 Fifth
Street, N.W., Washington, D.C. 20549, at prescribed rates or from the SEC Web site at: http://www.sec.gov. In
addition, each airline is required to file periodic reports of financial operating statistics with the U.S. DOT. Such
reports can be inspected at the Bureau of Transportation Statistics, Research and Innovative Technology
Administration, Department of Transportation, 400 Seventh Street, S.W., Washington, D.C. 20590.
Airlines owned by foreign governments, or foreign corporations operating airlines (unless such airlines
have ADR’s registered on a national exchange), are not required to file information with the SEC and file limited
information with the U.S. DOT.
General
ABSENCE OF MATERIAL LITIGATION
There is no litigation pending concerning the validity of the 1991 Master Resolution or the 2010A Bonds or
the issuance and delivery thereof, the existence of the Commission, the title of the officers thereof who shall execute
the 2010A Bonds to their respective offices, or the pledge of Net Revenues to the payment of the 2010A Bonds.
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