Board of Directors - September 29, 2017 - Agenda

Meeting Date: 
September 29, 2017 - 1:00pm
Location: 

October 11, 2017

Notice of Proposed Bylaws Amendment

 

NOTICE OF PROPOSED AMENDMENT TO THE BYLAWS OF

 

THE TREASURE ISLAND DEVELOPMENT AUTHORITY

 

TO BE ACTED UPON AT THE MEETING OF October 11, 2017.

 

 

This notice is issued pursuant to Charter Section 4.104 (a)(1) and Article XI – Amendment of the Bylaws of the Treasure Island Development Authority requiring circulation of proposed amendments in writing to all Commissioners and  notice to the public at least ten (10) days prior to such meeting. 

 

The following provisions are proposed for amendment:

Article II-Section 1

Article V-Section 2

 

Current Text: Article II - Section 1.   Principle Office
The Principal office for the transaction of the activities and affairs of the Authority (“Principal Office”) shall be located within the City and County of San Francisco.  The Principal Office is located at:  The Treasure Island Project Office, 401 Palm Avenue, Building 1, Room 237, Treasure Island, San Francisco, California 94130, or at such other place as may from time to time be designated by the Board of Directors of the Authority (“Board”).

 

Proposed Changes: Article II - Section 1. Principal Office
The Principal principal office for the transaction of the activities and affairs of the Authority (“Principal Office”) shall be located within the City and County of San Francisco.  The Principal Office is located at:  The Treasure Island Project Office, 401 Palm Avenue One Avenue of the Palms, Building 1, Room 237 241, Treasure Island, San Francisco, California 94130, or at such other place as may from time to time be designated by the Board of Directors of the Authority (“Board”).

 

Current Text: Article V –Section 2.    Specific Powers
Purchase, sell, lease, exchange, transfer, assign, pledge, develop or otherwise acquire or dispose of property located on, comprising of or necessary for the operation of the Base, and approve and enter into agreements or contracts affecting the Base, including without limitation, contracts for the procurement of goods and services (including, without limitation, construction or maintenance contracts), purchase and sale agreements, option agreements, development agreements, leases, permits, grants of easements, management agreements, joint venture or partnership agreements, and agreements with the federal government of the United States of America, the State of California, the City, or any other governmental or quasi-governmental entity (collectively, “Agreements”), and, to the extent required by the Treasure Island Act and the City’s Charter, recommend such Agreements to the Mayor and the Board of Supervisors for their respective approval, provided, such Agreements shall be subject to the terms and conditions of Sections 12B and 12C of the San Francisco Administrative Code, and provided further that, any Agreements having a term in excess of ten (10) years or anticipated revenues of one million dollars ($1,000,000) or more shall be subject to the additional approval of the Board of Supervisors, by resolution.

 

Proposed Changes: Article V-Section 2. Specific Powers
Purchase, sell, lease, exchange, transfer, assign, pledge, develop or otherwise acquire or dispose of property located on, comprising of or necessary for the operation of the Base, and approve and enter into agreements or contracts affecting the Base, including without limitation, contracts for the procurement of goods and services (including, without limitation, construction or maintenance contracts), purchase and sale agreements, option agreements, development agreements, leases, permits, grants of easements, management agreements, joint venture or partnership agreements, and agreements with the federal government of the United States of America, the State of California, the City, or any other governmental or quasi-governmental entity (collectively, “Agreements”), and, to the extent required by the Treasure Island Act and the City’s Charter, recommend such Agreements to the Mayor and the Board of Supervisors for their respective approval, provided, such Agreements shall be subject to the terms and conditions of Sections 12B and 12C of the San Francisco Administrative Code, and provided further that, any Agreements having a term in excess of ten (10) years, anticipated expenditures of ten million dollars ($10,000,000) or more, or anticipated revenues of one million dollars ($1,000,000) or more shall be subject to the additional approval of the Board of Supervisors, by resolution. 

 

 

 

 

 

 

This is to certify that the above notice was issued on September 29, 2017