Southern California Public Power Authority
PRELIMINARY OFFICIAL STATEMENT DATED APRIL 29, 2016 NEW ISSUES – FULL BOOK-ENTRY ONLY Ratings: Standard & Poor’s: “AA-” Moody’s: “Aa2” (See “RATINGS” herein.) In the opinion of Co-Bond Counsel, under existing law, interest on the 2016 Bonds is exempt from personal income taxes of the State of California and, assuming compliance with the tax covenants described herein, interest on the 2016 Bonds will be excludable from the gross income of the owners thereof for federal income tax purposes and will not be treated as an item of tax preference for purposes of the federal alternative minimum tax. See “TAX MATTERS” herein. $49,710,000* SoutHern California Public Power AutHority (a public entity organized under the laws of the State of California) $27,440,000* $22,270,000* Mead-Adelanto Project, Authority Interest (LADWP), Mead-Phoenix Project, Authority Interest (LADWP), Revenue Bonds, 2016 Series A Revenue Bonds, 2016 Series A Dated: Date of Delivery Due: July 1, as shown on inside cover This cover page contains certain information for general reference only. It is not intended to be a summary of the security or terms of these issues. Investors are advised to read the entire Official Statement to obtain information essential to making an informed investment decision. Capitalized terms used on this cover page not otherwise defined shall have the meanings set forth herein. The Mead-Adelanto Project, Authority Interest (LADWP), Revenue Bonds, 2016 Series A (the “2016 Mead-Adelanto Bonds”) are being issued by Southern California Public Power Authority (the “Authority”) pursuant to an Indenture of Trust, dated as of May 1, 2016, from the Authority to U.S.
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