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

the filing of the Annual Disclosure Report if they are not available by that date. If the Commission’s fiscal year
changes, it shall give notice of such change in the same manner as for a Listed Event under the Disclosure
Certificate.
Not later than fifteen (15) Business Days prior to the date specified above for providing the Annual
Disclosure Report to the Repository, the Commission shall provide the Annual Disclosure Report to the
Dissemination Agent (if other than the Commission).
If the Commission is unable to provide to the Repository an Annual Disclosure Report by the date required
above, the Commission shall send a notice, in electronic format to the Repository, in substantially the form attached
to the Disclosure Certificate.
The Dissemination Agent shall file a report with the Commission (if the Commission is not the
Dissemination Agent) certifying that the Annual Disclosure Report has been provided pursuant to the Disclosure
Certificate and stating the date it was provided.
Content of Annual Disclosure Reports
The Commission’s Annual Disclosure Report shall contain or include by reference the following for the
most recently ended fiscal year:
1. Audited Financial Statements of the Commission, presented in accordance with generally accepted
accounting principles applicable to the Commission from time to time. If the Commission’s audited financial
statements are not available by the time the Annual Disclosure Report is required to be filed as described above, the
Annual Disclosure Report shall contain unaudited financial statements in a format similar to the financial statements
contained in the Official Statement, and the audited financial statements shall be filed in the same manner as the
Annual Disclosure Report when they become available.
2. Air Traffic Data (number of scheduled aircraft arrivals and departures, domestic enplanements and
deplanements, international enplanements and deplanements, and total passengers at the Airport; number of
enplanements by carrier for top ten carriers).
3. Cargo Traffic Data (weight of air cargo on and off at the Airport).
4. Total Landed Weights (landed weight by carrier of the top ten carriers and total landed weight at
the Airport).
5. Airline Service (identity of all domestic and international carriers serving the Airport during such
Fiscal Year).
6. Five Highest Revenue Producing Concessionaires (name, lease expiration, minimum annual rent,
if any, and concession revenues).
7. Five Highest Revenue Producers (name and revenues produced).
8. Total Outstanding Long-Term Debt of the Commission (outstanding principal amount and lien
position).
9. Historical Landing Fees and Terminal Rentals.
10. Calculation of Net Revenues and compliance with the Rate Covenant (each as defined in the
Resolution).
Any of all of the items listed above may be included by specific reference to other documents, including
official statements of debt issues of the Commission or related public entities, which have been filed with the
Repository or the Securities and Exchange Commission. If the document included by reference is a final official
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