$18,390,000 CITY AND COUNTY OF SAN FRANCISCO REFUNDING CERTIFICATES OF PARTICIPATION $2,710,000 SERIES 2025-R2 (PORT FACILITIES PROJECT) (Non-AMT) $15,680,000 SERIES 2025-R3 (PORT FACILITIES PROJECT) (AMT) evidencing proportionate interests of the Owners thereof in a Project Lease, including the right to receive Base Rental payments to be made by the CITY AND COUNTY OF SAN FRANCISCO FOS POSTED 11-18-25