- representation expenses, including membership dues, business cards and business related meal expenditures.”.
- (5) Section 104(g) (110 Stat. 4103) is amended to read as follows:
“(g) Financial Management.—Notwithstanding section 1341 of title 31 of the United States Code, all proceeds and other revenues received by the Trust shall be retained by the Trust. Those proceeds shall be available, without further appropriation, to the Trust for the administration, preservation, restoration, operation and maintenance, improvement, repair and related expenses incurred with respect to Presidio properties under its administrative jurisdiction. The Secretary of the Treasury shall invest, at the direction of the Trust, such excess moneys that the Trust determines are not required to meet current withdrawals. Such investment shall be in public debt securities with maturities suitable to the needs of the Trust and bearing interest at rates determined by the Secretary of the Treasury taking into consideration the current average yield on outstanding marketable obligations of the United States of comparable maturity.”.
- (6) In section 104(j) (110 Stat. 4103), by striking “exercised.” and inserting “exercised, including rules and regulations for the use and management of the property under the Trust’s jurisdiction.”.
- (7) In section 104 (110 Stat. 4101, 4104), by adding after subsection (o) the following:
“(p) Exclusive Rights to Name and Insignia.—The Trust shall have the sole and exclusive right to use the words ‘Presidio Trust’ and any seal, emblem, or other insignia adopted by its Board of Directors. Without express written authority of the Trust, no person may use the words ‘Presidio Trust’, or any combination or variation of those words alone or with other words, as the name under which that person shall do or purport to do business, for the purpose of trade, or by way of advertisement, or in any manner that may falsely suggest any connection with the Trust.”.
- (8) In section 104(n) (110 Stat. 4103), by inserting after “implementation of the” in the first sentence the following “general objectives of the”.
- (9) In section 105(a)(2) (110 Stat. 4104), by striking "“not more than $3,000,000 annually” and inserting after “Of such sums,” the following “funds”.
- (10) In section 105(c) (110 Stat. 4104), by inserting before “including” the following “on a reimbursable basis,”.
- (11) Section 103(c)(2) (110 Stat. 4099) is amended by striking “consecutive terms.” and inserting “consecutive terms, except that upon the expiration of his or her term, an appointed member may continue to serve until his or her successor has been appointed.”.
- (12) Section 103(c)(9) (110 Stat. 4100) is amended by striking “properties administered by the Trust” and inserting “properties administered by the Trust and all interest created under leases, concessions, permits and other agreements associated with the properties”.
- (13) Section 104(d) (110 Stat. 4102) is amended as follows—
- (A) by inserting “(1)” after “Financial authorities.—”;
- (B) by striking “(1) The authority” and inserting “(A) The authority”;
