Historical Resolution Tracking Feature » 2010-10-28 - Funding Source for New gTLD Deployment Budget
Important note: The explanatory text provided through this database (including the summary, implementation actions, identification of related resolutions, and additional information) is an interpretation or an explanation that has no official authority and does not represent the purpose behind the Board actions, nor does any explanations or interpretations modify or override the Resolutions themselves. Resolutions can only be modified through further act of the ICANN Board.
2010-10-28 - Funding Source for New gTLD Deployment Budget
Approved funding source for New gTLD deployment budget.
- Execute budget as directed
- Responsible entity: COO, CFO
- Due date: None
- Completion date: November 2010
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.
- The resolution addresses funding for the items identified therein.