Laserfiche WebLink
•Used by underwriter to market the 2024 bonds <br />•Must include all “material facts” about Series 2024 Bonds (facts that have a substantial <br />likelihood of actual significance in the deliberations of a reasonable investor) <br />•Bonds are payable solely from net revenue of the City’s water enterprise <br />•POS focuses on factors that could increase the cost of operating the water enterprise <br />(including the regional water system) and impact the water supply <br />•Risks related to SFPUC water supply (issues affecting San Francisco Bay/Sacramento- <br />San Joaquin Delta Estuary) <br />•Increased costs of wholesale water (including SFPUC infrastructure) <br />•Water quality and regulatory requirements <br />•City water system infrastructure costs <br />•Increased operation/maintenance costs (incl. pension/OPEB) <br />•Climate change/drought <br />•Natural disasters (earthquakes, floods) <br />7 of 13 <br />Preliminary Official Statement (POS)