2010-10-28 - Funding Source for New gTLD Deployment Budget
Category: gTLDs
Topic: Funding Source for New gTLD Deployment Budget
Board meeting date: 28 October 2010
Resolution number: 2010.10.28.13, 2010.10.28.14
URL for Board minutes/resolution: http://www.icann.org/en/minutes/resolutions-28oct10-en.htm
Status: Completed
Summary
Approved funding source for New gTLD deployment budget.
Text
Whereas, the Board approved the new gTLD Deployment Budget at its meeting on 25 September 2010 (see Resolution 2010.09.25.01 at: http://www.icann.org/en/minutes/resolutions-25sep10-en.htm).
Whereas, the Board Finance Committee (BFC) discussed the amount of the new gTLD Deployment Budget and unanimously agreed to recommend that it not exceed $4.0 million.
Whereas, the BFC discussed the new gTLD Deployment Budget and unanimously agreed that it shall be funded now from the reserve fund and not from the adopted operating expense budget.
RESOLVED (2010.10.28.13), the funds for the new gTLD Deployment budget shall be available and shall not exceed $4 million.
RESOLVED (2010.10.28.14), the new gTLD Deployment Budget shall be funded now from the ICANN reserve fund and not from the annual adopted operating expense budget.
Implementation Actions
Execute budget as directed
Responsible entity: COO, CFO
Due date: None
Completion date: November 2010
Other Related Resolutions
To be determined
Additional Information
The resolution addresses funding for the items identified therein.
Explanatory text does not modify or override Resolutions. See Board Minutes and Resolutions Page for more information.