(A) The Secretary of the Interior or the
Secretary’s designee.
(B) 4 individuals, who are not employees
of the Federal Government, appointed by the
President, who shall possess extensive knowl-
edge and experience in one or more of the fields
of city planning, finance, and real estate. At
least 3 of these individuals shall reside in the
region in which the Presidio is located.
(2) TERMS.—The President shall make the ap-
pointments referred to in subparagraph (B) of para-
graph (1) within 90 days and in such a manner as
to ensure staggered 4-year terms. Any vacancy
under subparagraph (B) of paragraph (1) shall be
filled in the same manner in which the original ap-
pointment was made, and any member appointed to
fill a vacancy shall serve for the remainder of the
term for which his or her predecessor was appointed.
No appointed director may serve more than 8 years
in consecutive terms. No member of the Board of
Directors may have a financial interest in any ten-
ant of the Presidio.
(3) ORGANIZATION AND COMPENSATION.—The
Board shall organize itself in such a manner as it
deems most appropriate to effectively carry out the
authorized activities of the Trust. Board members
shall serve without pay, but may be reimbursed for
the actual and necessary travel and subsistence ex-
penses incurred by them in the performance of the
duties of the Trust.
(4) LIABILITY OF DIRECTORS.—Members of the
Board of Directors shall not be considered Federal
employees by virtue of their membership on the
Board, except for purposes of the Federal Tort
Claims Act.
(5) PUBLIC LIAISON.—The Board shall estab-
lish procedures whereby liaison with the public,
through the Golden Gate National Recreation Area
Advisory Commission, and the National Park Serv-
ice, shall be maintained.
(d) DUTIES AND AUTHORITIES.—In accordance with
the purposes set forth in this Act and in section 1 of the
Act entitled ‘‘An Act to establish the Golden Gate Na-
tional Recreation Area in the State of California, and for
other purposes’’, approved October 27, 1972 (Public Law
92–589; 86 Stat. 1299; 16 U.S.C. 460bb), the Trust shall
manage the leasing, maintenance, rehabilitation, repair
and improvement of property within the Presidio which
is under its administrative jurisdiction. The Trust may
participate in the development of programs and activities
at the properties that have been transferred to the Trust.
In exercising its powers and duties, the Trust shall act
in accordance with the approved General Management
Plan, as amended, for the Presidio (hereinafter in this Act
referred to as the ‘‘Plan’’) and shall have the following
authorities:
(1) The Trust is authorized to manage, lease,
maintain, rehabilitate and improve, either directly or
by agreement, those properties within the Presidio
which are transferred to the Trust by the Secretary.
(2)(A) The Trust is authorized to negotiate and
enter into such agreements, leases, contracts and
other arrangements with any person, firm, associa-
tion, organization, corporation or governmental en-
tity, including without limitation entities of Federal,
State and local governments (except any agreement
to convey fee title to any property located at the
Presidio) as are necessary and appropriate to fi-
nance and carry out its authorized activities. Agree-
ments under this paragraph may be entered into
without regard to section 321 of the Act of June 30,
1992 (40 U.S.C. 303b).
(B) Except as provided in subparagraphs (C),
(D), and (E), Federal laws and regulations govern-