The following financing is available to view electronically:
PRELIMINARY OFFICIAL STATEMENT DATED AS OF OCTOBER 20, 2009
THE STATE OF CALIFORNIA
STATE OF CALIFORNIA
ECONOMIC RECOVERY BONDS
$2,600,000,000* REFUNDING SERIES 2009A
$400,000,000* REFUNDING SERIES 2009B
*Preliminary, subject to change.
Electronic access to the Preliminary Official Statement is being provided to you as a matter of convenience. Although the information contained in the Preliminary Official Statement has been formatted in a manner that should exactly replicate a printed Preliminary Official Statement, physical appearance may differ and other discrepancies may occur for various reasons, including electronic communication difficulties or particular user equipment. The user of this Preliminary Official Statement assumes the risk of any such discrepancies associated with the electronic version of this document.
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The Preliminary Official Statement and the information contained therein are subject to completion or amendment without notice. The electronic posting of this Preliminary Official Statement does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities described in the Preliminary Official Statement in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The securities described in the Preliminary Official Statement will not be offered or sold, whether directly or indirectly, other than to legal entities who may receive such offer or sale under applicable law.
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*Preliminary; subject to change.
California Economic News:
California is the most populous state in the United States, and the third largest by area. California is the second most populous sub-national entity in the Americas, behind only São Paulo, Brazil. It is located on the West Coast of the United States, and is bordered by Oregon to the north, Nevada to the east, Arizona to the southeast, the Mexican state of Baja California to the south, and the Pacific Ocean to the west. Its four largest cities are Los Angeles, San Diego, San Jose, and San Francisco. The state is home to the nation’s second and sixth largest metropolitan areas as well as eight of the nation’s fifty largest cities. It is known for its varied climate and geography, as well as its diverse population.
California is the third-largest U.S. state by land area, after Alaska and Texas. Its geography ranges from the Pacific coast to the Sierra Nevada mountain range in the east, to Mojave desert areas in the southeast and the Redwood–Douglas fir forests of the northwest. The center of the state is dominated by the Central Valley, one of the most productive agricultural areas in the world. California is the most geographically diverse state in the nation, and contains the highest (Mount Whitney) and lowest (Death Valley) points in the contiguous United States.
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|State of California|
|Largest city||Los Angeles|
|Largest metro area||Greater Los Angeles|
|Area||Ranked 3rd in the US|
|– Total||163,696 sq mi
|– Width||250 miles (400 km)|
|– Length||770 miles (1,240 km)|
|– % water||4.7|
|– Latitude||32° 32′ N to 42° N|
|– Longitude||114° 8′ W to 124° 26′ W|
|Population||Ranked 1st in the US|
|– Total||36,756,666 (2008 est.)
|– Density||234.4/sq mi (90.49/km2)
Ranked 11th in the US
|– Median income||US$54,385 (11th)|
|– Highest point||Mount Whitney
14,505 ft (4,421 m)
|– Mean||2,900 ft (884 m)|
|– Lowest point||Death Valley
-282 ft (-86 m)
|Admission to Union||September 9, 1850 (31st)|
|Governor||Arnold Schwarzenegger (R)|
|Lieutenant Governor||John Garamendi (D)|
|U.S. Senators||Dianne Feinstein (D)
Barbara Boxer (D)
|U.S. House delegation||34 Democrats, 19 Republicans (list)|
|Time zone||Pacific: UTC-8/-7|
|Abbreviations||CA Calif. US-CA|