Draft Resolution on Funding

11-4-99

WHEREAS the President's Task Force on Funding completed its Draft Final Report on October 30, 1999, and released it for public review and comment on October 31, 1999;

WHEREAS the Draft Final Report was reviewed and discussed at the ICANN Public Forum on November 3, 1999; and

WHEREAS the members of the Task Force have indicated that the Draft Final Report represents a consensus of the Task Force and should be treated as a Final Report; it is hereby

RESOLVED [99.__], that the Board adopts, for the fiscal year beginning July 1, 1999, transition budget, the recommendations set forth in the Final Report of the President's Task Force on Funding, including the improvements to the ICANN budget process, the global allocation of budget contributions, and the specific funding formula applicable to generic top-level domain name registrars,

FURTHER RESOLVED [99.__], that the Board directs the President to implement the recommended funding formulas applicable to generic top level domain name registries and registrars by incorporation into the applicable Registry Agreement and Registrar Accreditation Agreements; and

FURTHER RESOLVED [99.__], that the Board directs the President to implement the Final Report's recommendations as to other categories of registries through appropriate contractual relationships.

FINALLY RESOLVED [99.__], that the Board acknowledges the work of the Task on Funding and expresses the Board's appreciation for the time and effort which the Task Force devoted to this matter.