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05/13/2014

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1
COMBINED ANNUAL REPORT FOR THE FISCAL YEARS ENDED JUNE 30, 2009RELATING TO
$33,430,000CITY OF SAN DIEGO, CALIFORNIACertificates of Participation(Balboa Park and Mission Bay Park Capital Improvements Program)Series 1996A(CUSIP Number 797260)$11,720,000CITY OF SAN DIEGO, CALIFORNIARefunding Certificates of Participation(Balboa Park and Mission Bay Park Capital Improvements Program, Series 1991)Series 1996B(CUSIP Number 797260)$68,425,000PUBLIC FACILITIES FINANCING AUTHORITY OF THE CITY OF SAN DIEGOTaxable Lease Revenue Bonds, Series 1996A(San Diego Jack Murphy Stadium)(CUSIP Number 797299)$205,000,000CONVENTION CENTER EXPANSION FINANCING AUTHORITYLease Revenue Bonds Series 1998A(City of San Diego, California as Lessee)(CUSIP Number 79727L)$25,070,000PUBLIC FACILITIES FINANCING AUTHORITY OF THE CITY OF SAN DIEGOLease Revenue Bonds, Series 2002B(Fire and Life Safety Facilities Project)(CUSIP Number 797299)$15,255,000CITY OF SAN DIEGO/MTDB AUTHORITY2003 Lease Revenue Refunding Bonds(San Diego Old Town Light Rail Transit Extension Refunding)(CUSIP Number 797448)$17,425,000CITY OF SAN DIEGO2003 Certificates of Participation(1993 Balboa Park/Mission Bay Park Refunding)Evidencing Undivided Proportionate Interest in Lease Payments to be Made by the City of San DiegoPursuant to a Lease with the San Diego Facilities and Equipment Leasing Corporation(CUSIP Number 797260)$156,560,000PUBLIC FACILITIES FINANCING AUTHORITY OF THE CITY OF SAN DIEGOLease Revenue Refunding Bonds, Series 2007A(Ballpark Refunding)(CUSIP Number 797299)
 
 
2
Introduction
This Annual Report is being
 provided by the City of San Diego (the ―City‖) on behalf of itself, the San Diego Facilities and Equipment Leasing Corporation (the ―Corporation‖), the PublicFacilities Financing Authority of the City of San Diego (the ―PFFA‖)
, the City of San Diego/MTDB
Authority (the ―MTDB Authority‖), and the Convention Center Expansion Financing Authority (―th
e
Convention Center Authority‖)
for the above stated issuances pursuant to Continuing DisclosureAgreements (entered into to allow the respective underwriters to comply with Securities and ExchangeCommission Rule 15c2-12) for the Fiscal Year ended June 30, 2009.Attached is
the City’s
Fiscal Year 2009 Comprehensive Annual Financial Report
(―CAFR‖
)
, which includes the City’s
Fiscal Year 2009 audited financial statements. On December 21,
2009, Macias Gini and O’Connell LLP, the City’s outside auditor, issued an unqualified opinion of theCity’s Financial Statements as presented in the CAFR.
On January 25, 2010, the City Council AuditCommittee forwarded the CAFR to City Council and on February 1, 2010, the City Council receivedand filed the CAFR.This Annual Report, including any amendment or supplement hereto, will beelectronically transmitted by the Dissemination Agent to the Electronic Municipal Market Access
(―EMMA‖) System of the Municipal Securities Rulemaking Board (―MSRB‖).
This Annual Report is provided in accordance with the terms of the ContinuingDisclosure Agreements, and does not purport to provide full and complete information on the terms of the above stated issuances. The filing of this Annual Report does not constitute or imply anyrepresentation that no changes, circumstances or events have occurred since the end of the Fiscal Yearto which this Annual Report relates (other than as contained in this Annual Report), or that no otherinformation exists, which may have a bearing on the security for the above stated issuances or an
investor’s decision to buy, sell or hold the above
-stated issuances. Certain information and data
 provided herein was obtained from sources other than the City (―Outside Information‖), as indicated by
the source citations. Although the information contained in this Annual Report has been obtained fromsources that are believed to be reliable, the City has not independently verified such OutsideInformation, and the City cannot guarantee its completion or accuracy. No statement in this AnnualReport should be construed as a prediction or representation about future financial performance of theCity, the Corporation, the PFFA, the Convention Center Authority, or the MTDB Authority.The City is acting as the Dissemination Agent for each of the above stated issuances.The City does not have any obligation to update this report other than as expressly provided in theContinuing Disclosure Agreement for each of the above stated issuances.Any statements regarding the above stated issuances, other than a statement made by theCity in an official release or subsequent notice or annual report that is filed with the
MSRB’s EMMA
system, are not authorized by the City. The City shall not be responsible for the accuracy,completeness, or fairness of any such unauthorized statement.

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