[Ccwg-auctionproceeds] IMPORTANT: INFORMATION CONCERNING THE RESERVE FUND

Wed Oct 24 23:52:53 UTC 2018

I've shared the news with the ccNSO Council and am expecting further
feedback. During our discussion this week (as well as in the previous
meetings) there's general support of the Board's proposal of allocating
part of auction fund into reserved.

I also believe that we are expecting this and have zero problem with it. I
do not see or hear we are expecting another one (i.e. ducting another
portion from the remaining 70M), but I could be wrong -- and this is where
I'd somehow share Robert's concern at this point.

In addition to that, would the Board make different decision (amount of
replenishment) if the community prefers mechanism C or D ? Or if it's
potentially a conflict of interest issue?

Ching

On Thu, Oct 25, 2018 at 12:24 AM Alan Greenberg <alan.greenberg at mcgill.ca>
wrote:

> Judith, the .web proceeds are logically segregated here because it is
> still in question due to possible litigation or other actions. So it would
> not be wise to touch it. If an when it is locked in, it will revert to
> being available.
>
> The 100M that Daniel was referring to (which I think is now about 70M) is
> the amount still unspent from the new gTLD application revenue.
>
> Regardless, I presume we will have a clearer picture when we see the
> actual motion and the accompanying rationale.
>
> Alan
>
>
> At 24/10/2018 04:22 PM, Judith Hellerstein wrote:
>
> HI Erika,
>
> Yes.  Like Daniel and Elliott, I do not understand why they cannot use
> some of the money that was set aside from the .web auction to refill the
> coffers. If the line was that we are just replenishing what was lost during
> the IANA Transition than why not take if from the .web money that was set
> aside. If for some reason they may find that they need all that money than
> possibly that could be revisited. I also am interested in learning an
> answer to Daniel's question
>
> Best,
>
> Judith Hellerstein
>
> _________________________________________________________________________
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> Hellerstein & Associates
> 3001 Veazey Terrace NW, Washington DC 20008
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>
>
> On 10/24/2018 3:52 PM, Elliot Noss wrote:
>
> I find myself terribly angry about this. It makes no sense both because of
> Danielâ€™s comment below and because there are other ways towards this. I
> donâ€™t know that that matters.
>
> EN
>
> On Oct 24, 2018, at 6:32 PM, Daniel Dardailler <danield at w3.org> wrote:
>
> If the board decides to take funding off the Auction benefits pot, that's
> their right (and maybe obligation I gather) but I think they should at
> least explain why the ~100M set aside for potential legal costs wrt new
> gTLD was not used instead.
>
> From the beginning the Auction benefits were labelled as "not for ICANN
> budget" and replenishing a reserve is clearly a budgetary action, so I'm
> interested in understanding which constraints on the 100M legal provision
> mentioned above has been evaluated as stronger that something as clear as
> the "not for ICANN budget" attached to the Auctions.
>
> I'm not trying to revert this ICANN's board decision, I just want to be
> able to explain the decision made to outsiders.
>
> Thanks.
>
>
>
> On 2018-10-24 13:20, Erika Mann wrote:
>
> *Dear CCWG AP colleagues - *
> *Cherine Chalaby asked for a meeting this morning, October 24, to inform me
> as CCWG AP Co-Chair about a resolution the Board will pass tomorrow
> morning, October 25, concerning the replenishment of the Reserve Fund.
> Maarten Botterman attended the meeting and Chris Disspain was present for a
> short period at the beginning of the meeting.*
> *To replenish the Reserve Fund, the Board resolution will request a
> contribution from ICANN ORG on an annual basis (8 years), total $32
> Million, and an immediate contribution from Auction Proceed, total $36
> Million. These two amounts seen together would replenish the Reserve Fund
> (in 8 years) to the agreed height. *
> *Cherine was interested in informing us ahead of the decision and I
> mentioned, that we were expecting such a move and, as far as this is
> concerned, we're not surprised to see the Board passing this resolution
> tomorrow and that we do appreciate his approach in informing us ahead of
> passing the resolution. *
> Reminder:* The* '*Document for Public comment – Replenishment Strategy for
> the ICANN Reserve Fund' (open date, March 6th, 2018/closed April 25th,
> 2018) mentioned the following about the replenishment of the fund in
> relation to the topics mentioned above: *
> *
> https://www.icann.org/en/system/files/files/proposed-reserve-fund-replenishment-strategy-06mar18-en.pdf
> <
> https://www.icann.org/en/system/files/files/proposed-reserve-fund-replenishment-strategy-06mar18-en.pdf
> >*
> *Â§ Contribution from ICANN Org: Future adopted budgets could be made to
> provide a contribution to the Reserve Fund on an annual basis. This would
> require ICANN Org to plan each fiscal year for expenses to be lower than
> funding by an amount explicitly designated for the purpose of replenishing
> the Reserve Fund. Given ICANNâ€™s funding constraints, contributions from
> ICANN org to the Reserve Fund replenishment result from a reduced
> allocation of ICANNâ€™s resources to its on-going activities, in order to
> produce a surplus that is allocated to the Reserve Fund. Such allocation is
> and needs to continue being the subject of community engagement and input.
> *
> *Â§ Auction Proceeds: ICANN currently has US$ 104 million collected from
> auctions that were held as the mechanism of last resort to resolve string
> contention in the new gTLD program (including investment returns). This
> amount excludes US$ 132 million relating to the auction of the .WEB string
> net of auction fees *
> *Kind regards, *
> *Erika *
> *Barcelona, October 24, 2018*
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-- 

Ching Chiao
Founder & CEO
Brandma Internet Group
中域国际集团
www.brandma.com

+886.918.211372 || +86.135.2018.7032 || +1.908.4990050
Beijing . Chengdu . Hangzhou . Hong Kong . Shenzhen. Taipei
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