RESOLVED
[00.35] that the Vice President and General Counsel, Louis Touton,
and the Chief Financial Officer, Andrew McLaughlin, and each
one of them, may authorize disbursements of the Corporation's
funds, and sign checks of the Corporation, in amounts of $10,000
or less.
FURTHER RESOLVED [00.36]
that the President of the Corporation, Michael Roberts, may authorize
disbursements of the Corporation's funds, and sign checks of
the Corporation, in amounts of $50,000 or less.
FURTHER RESOLVED [00.37]
that the President of the Corporation, Michael Roberts, may authorize
disbursements of the Corporation's funds, and sign checks of
the Corporation, in amounts exceeding $50,000, when so authorized
by action of the Board or the Executive Committee.
FURTHER RESOLVED [00.38]
that the Vice President and General Counsel, Louis Touton, may
authorize disbursements of the Corporation's funds, and sign
checks, in amounts not exceeding $20,000, to the order of the
Darwin Group, Inc., that fulfill the terms of the professional
services contract between the Corporation and the Darwin Group
for the services of Michael Roberts.
FURTHER RESOLVED [00.39]
that the authorizations to disburse funds and to sign checks
as set forth in Board resolutions 98.12, 99.7 and 99.59 shall
cease to be effective as of the adoption of this resolution.
Whereas, the bylaws of the Corporation
require that the President shall prepare and submit to the Board
a proposed annual budget of the Corporation for the next fiscal
year.
Whereas, the President and other members
of the staff have followed an open and consultative process in
developing the budget, including a budget presentation and discussion
in the public meeting in Cairo in March, on several occasions
with the registry/registrar budget group composed of representatives
of the domain name and address registries and the gTLD name registrars,
and through posting of the proposed budget for public comment.
Whereas, the President has submitted to
the Board a proposed budget prepared through that consultative
process for FY00-01, commencing July 1, 2000, which proposed
budget is ordered attached to the minutes of this meeting (the
"Proposed Budget").
Whereas, the Proposed FY00-01 Budget provides
for total revenue of USD $5.024 million, total expenditures of
$4.219 million and total capital equipment purchases and contribution
to working capital and operating reserve of $805,000.
Whereas, the Board has reviewed the Proposed
Budget and has found that its adoption is in the best interest
of the Corporation.
RESOLVED [00.40] that
the Proposed Budget is hereby adopted as the annual budget of
the Corporation for the fiscal year beginning July 1, 2000 (as
adopted, the "Budget").
FURTHER RESOLVED [00.41]
that the President is authorized and directed to implement and
carry out the Budget and is directed to inform the Board of material
variances from the Budget.
FURTHER RESOLVED [00.42]
that the President is directed to present to the Board, at its
Yokohama meeting in July 2000, a report analyzing the fiscal
year-end financial results of the corporation as of June 30,
2000, including any significant variances in anticipated income
and expense, and to make recommendations for any revisions to
the FY00-01 Budget that may be necessary in light of the year-end
results and other matters affecting the budget.
At-Large Self-Nomination
Procedures
Whereas, the staff posted on 19 May a set
of proposed rules for the self-nomination phase of the At Large
election process;
Whereas, a number of helpful public comments
and constructive criticisms have been posted; and
Whereas, the Board wishes to provide additional
time for public review and comment and to defer final decision
on the rules until its next meeting in Yokohama, while recognizing
the staff's need for sufficient guidance to properly construct
and implement the online interface and database components necessary
to launch the self-nomination phase shortly after the Yokohama
meetings; it is
RESOLVED [00.43] that
the Board generally approves the staff's proposed rules insofar
as they relate to the timing of the self-nomination phase, the
data elements to be submitted by candidates for self-nomination,
and the posting of candidate information on the ICANN website
(Rules 1 - 5);
FURTHER RESOLVED [00.44]
that the period for public review and comment on the proposed
rules (particularly Rules 6-10) is extended until 6 July; and
FURTHER RESOLVED [00.45]
that the deadline for new At Large membership applications for
purposes of participating in this year's At Large election is
tentatively set for 31 July, subject to final ratification in
Yokohama.
