(2) At the end of each calendar year, the Trust shall
submit to the Congress a comprehensive and detailed re-
port of its operations, activities, and accomplishments for
the prior fiscal year. The report also shall include a section
that describes in general terms the Trust’s goals for the
current fiscal year.
(i) SAVINGS CLAUSE.—Nothing in this section shall
preclude the Secretary from exercising any of the Sec-
retary’s lawful powers within the Presidio.
(j) LEASING.—In managing and leasing the prop-
erties transferred to it, the Trust should consider the ex-
tent to which prospective tenants maximize the contribu-
tion to the implementation of the General Management
Plan for the Presidio and to the generation of revenues
to offset costs of the Presidio. The Trust shall give priority
to the following categories of tenants: tenants that en-
hance the financial viability of the Presidio thereby con-
tributing to the preservation of the scenic beauty and nat-
ural character of the area; tenants that facilitate the cost-
effective preservation of historic buildings through their
reuse of such buildings, or tenants that promote through
their activities the general programmatic content of the
plan.
(k) REVERSION.—If the Trust reasonably determines
by a two-thirds vote of its Board of Directors that it has
materially failed to, or cannot, carry out the provisions
of this Act, all lands and facilities administered by the
Trust shall revert to the Secretary of Defense to be dis-
posed of in accordance with section 2905(b) of the Defense
Authorization Act of 1990 (104 Stat. 1809), except that—
(1) the terms and conditions of all agreements
and loans regarding such lands and facilities entered
into by the Trust shall be binding on any successor
in interest; and
(2) the city of San Francisco shall have the
first right of refusal to accept all lands and facilities
formerly administered by the Trust.
(l) LIMITATIONS ON FUNDING.—(1) From amounts
made available to the Secretary for the operation of areas
within the Golden Gate National Recreation Area, not
more than $25,000,000 shall be available to carry out this
Act in each fiscal year after the enactment of this Act
until the plan is submitted under paragraph (2). Such
sums shall remain available until expended.
(2) Within one year after establishment of the Trust,
the Trust shall submit to Congress a plan which includes
a schedule of annual decreasing Federally appropriated
funding such as will achieve total self-sufficiency for the
Trust within 12 complete fiscal years after establishment
of the Trust. That plan shall provide for annual reductions
in Federally appropriated funding such that the Trust will
be 80 percent self-sufficient at the end of 7 complete fiscal
years after establishment. The plan shall provide for elimi-
nation of all Federally appropriated funding for public
safety and fire protection purposes on lands or facilities
administered by the Trust at the end of 5 complete fiscal
years after establishment of the Trust. For each of the
11 fiscal years after fiscal year 1997, there are authorized
to be appropriated to the Trust not more than the
amounts specified in such plan. Such sums shall remain
available until expended.
(m) GAO AUDIT.—Ten years after the date of estab-
lishment of the Trust, the General Accounting Office shall
conduct a complete audit of the activities of the Trust and
shall report the results of that audit to the appropriate
congressional committees. The General Accounting Office
shall include in that audit an analysis of the ability of the
Trust to initiate payments to the Treasury.
(n) SEPARABILITY OF PROVISIONS.—If any provi-
sions of this Act or the application thereof to any body,
agency, situation, or circumstance is held invalid, the re-
mainder of the Act and the application of such provision
to other bodies, agencies, situations, or circumstances
shall not be affected thereby.
Passed the House of Representatives September 19,
1995.
Attest:
Clerk.