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

APPENDIX C
SUMMARY OF CERTAIN PROVISIONS OF THE 1991 MASTER RESOLUTION
The following is a summary of certain provisions contained in Resolution No. 91-0210, adopted by
the Commission on December 3, 1991 (the “1991 Master Resolution”), as subsequently amended and supplemented,
and is not to be considered as a full statement thereof. See also “DESCRIPTION OF THE 2010A BONDS.” Taken
together, the 1991 Master Resolution, as previously amended and supplemented, including as supplemented by
Resolution No. 98-0114, adopted by the Commission on May 19, 1998, Resolution No. 02-0010, adopted by the
Commission on January 8, 2002, Resolution No. 03-0220, adopted by the Commission on October 21, 2003, Resolution
No. 04-0220, adopted by the Commission on November 2, 2004, and by Resolution No. 05-0183, adopted by the
Commission on October 11, 2005, as amended by Resolution No. 07-0043, adopted by the Commission on February
20, 2007 and Resolution No. 08-0185 adopted by the Commission on October 7, 2008 (collectively, the “Supplemental
Resolutions”), and any other amending and supplemental resolutions are herein called the “Resolution.” Reference is
made to the Resolution for full details of the terms of the Bonds, the application of revenues therefor, and the security
provisions pertaining thereto. Capitalized terms used herein and not otherwise defined herein shall have the meanings
assigned to them in the Resolution. This Official Statement only contains information concerning the 2010A Bonds
while in a Weekly Mode. Holders and Potential Owners of the 2010A Bonds should not rely on this Official Statement
for information while the 2010A Bonds are in any other Mode other than the Weekly Mode, but should look solely to
the offering documents to be used in connection with any such Mode change for a description of any other Mode.
Certain Definitions
Act means the Charter of the City and County of San Francisco, as supplemented and amended, all
enactments of the Board adopted pursuant thereto, and all laws of the State of California incorporated therein by
reference.
Aggregate Maximum Annual Debt Service means the maximum amount of Annual Debt Service in
any Fiscal Year during the period from the date of calculation to the final scheduled maturity of the Bonds of a Series.
Airport means the San Francisco International Airport, located in San Mateo County, State of
California, together with all additions, betterments, extensions and improvements thereto. Unless otherwise
specifically provided in any Supplemental Resolution, the term shall include all other airports, airfields, landing places
and places for the take-off and landing of aircraft, together with related facilities and property, located elsewhere, which
are hereafter owned, controlled or operated by the Commission or over which the Commission has possession,
management, supervision or control.
Airport Consultant means a firm or firms of national recognition with knowledge and experience in
the field of advising the management of airports as to the planning, development, operation and management of airports
and aviation facilities, selected and employed by the Commission from time to time.
Alternate Credit Facility means a Credit Facility with respect to a Series of Variable Rate Bonds
issued or executed in accordance with the Resolution which shall have a term of not less than six months and shall have
substantially the same material terms as the Credit Facility it is replacing.
Alternate Credit Provider means the person or entity obligated to make a payment or payments with
respect to any Series of Variable Rate Bonds under an Alternate Credit Facility.
Alternate Rate means for a Series of Variable Rate Bonds in the Weekly Mode, the Securities
Industry and Financial Markets Association Municipal Swap Index or such other index as may be provided in a
Series Sale Resolution.
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