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

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M<strong>and</strong>atory Sinking Fund Redemption<br />

The 2010A-1 Bonds are also subject to redemption prior to their stated maturity dates, in part, by lot, from<br />

m<strong>and</strong>atory sinking fund payments, at a redemption price equal to 100% <strong>of</strong> the principal amount there<strong>of</strong> plus accrued<br />

interest thereon to the date <strong>of</strong> redemption, without premium, as set forth below:<br />

_____________<br />

† Maturity.<br />

$86,375,000 2010A-1 Bonds<br />

M<strong>and</strong>atory Sinking Fund<br />

Redemption Date M<strong>and</strong>atory Sinking Fund<br />

(May 1) Payment<br />

2014 $300,000<br />

2015 310,000<br />

2016 325,000<br />

2017 1,295,000<br />

2018 1,350,000<br />

2019 1,990,000<br />

2020 2,085,000<br />

2021 3,360,000<br />

2022 3,515,000<br />

2023 4,495,000<br />

2024 6,020,000<br />

2025 6,310,000<br />

2026 6,605,000<br />

2027 10,390,000<br />

2028 12,605,000<br />

2029<br />

2030 †<br />

12,560,000<br />

12,860,000<br />

The 2010A-2 Bonds are also subject to redemption prior to their stated maturity dates, in part, by lot, from<br />

m<strong>and</strong>atory sinking fund payments, at a redemption price equal to 100% <strong>of</strong> the principal amount there<strong>of</strong> plus accrued<br />

interest thereon to the date <strong>of</strong> redemption, without premium, as set forth below:<br />

_____________<br />

† Maturity.<br />

$57,595,000 2010A-2 Bonds<br />

M<strong>and</strong>atory Sinking Fund<br />

Redemption Date M<strong>and</strong>atory Sinking Fund<br />

(May 1) Payment<br />

2014 $200,000<br />

2015 210,000<br />

2016 220,000<br />

2017 860,000<br />

2018 900,000<br />

2019 1,330,000<br />

2020 1,390,000<br />

2021 2,240,000<br />

2022 2,345,000<br />

2023 2,995,000<br />

2024 4,015,000<br />

2025 4,210,000<br />

2026 4,405,000<br />

2027 6,930,000<br />

2028 8,400,000<br />

2029<br />

2030 †<br />

8<br />

8,375,000<br />

8,570,000

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