2004-11-15 - Extension of Marina del Rey Office Lease

• Category: Administration and Budget

• Topic: Extension of Lease for Office Space

• Board meeting date: 15 November 2004

• Resolution number: 04.96

• URL for Board minutes/resolution: http://www.icann.org/en/minutes/resolutions-15nov04.htm

• Status: Completed

Summary
Board authorizes the President and General Counsel to enter into an extention of the agreement for office space on behalf of ICANN.

Text
Whereas, the University of Southern California, from which the Corporation currently subleases its offices in Marina del Rey, has offered to extend the sublease for one year from 1 October 2005 to 30 September 2006.

Whereas, the Board determines that the extension of this sublease is in the best interests of the organization;

Resolved [04.96] that the President and General Counsel are authorized on behalf of ICANN to enter into an extension to the lease for ICANN's present offices in Marina del Rey for an additional year, with rent plus property taxes and utilities not to exceed US$300,000 for this period, consistent with this year's and previous years' budgets.

[This resolution was unanimously approved by the Board.]

• Enter into extension of lease

  • Responsible entity: President and General Counsel

  • Due Date: None specified

  • Completion date: 2004 

• Other resolutions TBD.

• Funding identified in resolution.

Explanatory text does not modify or override Resolutions.  See Board Resolutions Page for more information.