Partner
News—Our Name Has Changed
We
are now the TMT Observatory Corporation. Our name has changed.
While that, in itself, is significant, what is more significant
is that our prior identity was really a corporation of cooperation
and best efforts, and now it is becoming a real and legal entity.
We are getting
ready for the future and all that lies ahead.
When TMT began, the CELT Development Corporation was formed by
University of California and California Institute of Technology.
These two partners, co-designers of the CELT (California Extremely
Large Telescope) concept, formed a self-standing tax-exempt 501
c(3) membership corporation to enable work beyond CELT to take
place with the support of the Gordon and Betty Moore Foundation.
This corporation defined responsibility, liability, and mission.
TMT really got kickstarted when the CELT Development Corporation
signed Memoranda of Understanding (MOUs) with two new partners,
AURA (now outside the partnership playing a supportive and management
role on behalf of the National Science Foundation), and ACURA,
our partner association of Canadian universities. We have carried
out designs, hired staff, placed contracts, accounted for financial
actions and done all of the things that large projects do through
these MOU-based partner relations, employing the CELT Development
Corporation's capabilities, and the separate business and legal
functions of the partner institutions.
Now, in order to be ready for future phases of TMT, where even
more significant commitments and deliverables will be called for,
legal steps have been set in motion to recharter TMT. The first
step has now been completed with signatures collected from the
California and Canada partners, surrounded by august and somber
lawyers, affecting a name change to the exiting corporation. A
small step? Yes. Just a name change.
But quill pens are scribbling. Blotters are rocking. Wax seals
are being emplaced. Or whatever arcane, but necessary tasks, lawyers
and bureaucrats really do. Because the next steps are new articles
of incorporation and so on. All ending sometime soon in a real
and unitary legal personage. The TMT Observatory Corporation. We
are becoming even more real. |