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    <p>HI Erika,</p>
    <p>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</p>
    <p>Best,</p>
    <p>Judith Hellerstein<br>
    </p>
    <pre class="moz-signature" cols="80">_________________________________________________________________________
Judith Hellerstein, Founder & CEO
Hellerstein & Associates
3001 Veazey Terrace NW, Washington DC 20008
Phone: (202) 362-5139  Skype ID: judithhellerstein
Mobile/Whats app: +1202-333-6517
E-mail: <a class="moz-txt-link-abbreviated" href="mailto:Judith@jhellerstein.com">Judith@jhellerstein.com</a>   Website: <a class="moz-txt-link-abbreviated" href="http://www.jhellerstein.com">www.jhellerstein.com</a>
Linked In: <a class="moz-txt-link-abbreviated" href="http://www.linkedin.com/in/jhellerstein/">www.linkedin.com/in/jhellerstein/</a>
Opening Telecom & Technology Opportunities Worldwide

</pre>
    <div class="moz-cite-prefix">On 10/24/2018 3:52 PM, Elliot Noss
      wrote:<br>
    </div>
    <blockquote type="cite"
      cite="mid:A23CAA13-B5FF-4181-AE5D-8F26C5600155@tucows.com">
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      I find myself terribly angry about this. It makes no sense both
      because of Daniel’s comment below and because there are other ways
      towards this. I don’t know that that matters.
      <div class=""><br class="">
      </div>
      <div class="">EN<br class="">
        <div class=""><br class="">
          <div>
            <blockquote type="cite" class="">
              <div class="">On Oct 24, 2018, at 6:32 PM, Daniel
                Dardailler <<a href="mailto:danield@w3.org" class=""
                  moz-do-not-send="true">danield@w3.org</a>> wrote:</div>
              <br class="Apple-interchange-newline">
              <div class=""><span style="font-family: Helvetica;
                  font-size: 12px; font-style: normal;
                  font-variant-caps: normal; font-weight: normal;
                  letter-spacing: normal; orphans: auto; text-align:
                  start; text-indent: 0px; text-transform: none;
                  white-space: normal; widows: auto; word-spacing: 0px;
                  -webkit-text-stroke-width: 0px; float: none; display:
                  inline !important;" class="">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.</span><br style="font-family: Helvetica;
                  font-size: 12px; font-style: normal;
                  font-variant-caps: normal; font-weight: normal;
                  letter-spacing: normal; orphans: auto; text-align:
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                <br style="font-family: Helvetica; font-size: 12px;
                  font-style: normal; font-variant-caps: normal;
                  font-weight: normal; letter-spacing: normal; orphans:
                  auto; text-align: start; text-indent: 0px;
                  text-transform: none; white-space: normal; widows:
                  auto; word-spacing: 0px; -webkit-text-stroke-width:
                  0px;" class="">
                <span style="font-family: Helvetica; font-size: 12px;
                  font-style: normal; font-variant-caps: normal;
                  font-weight: normal; letter-spacing: normal; orphans:
                  auto; text-align: start; text-indent: 0px;
                  text-transform: none; white-space: normal; widows:
                  auto; word-spacing: 0px; -webkit-text-stroke-width:
                  0px; float: none; display: inline !important;"
                  class="">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.</span><br
                  style="font-family: Helvetica; font-size: 12px;
                  font-style: normal; font-variant-caps: normal;
                  font-weight: normal; letter-spacing: normal; orphans:
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                  text-transform: none; white-space: normal; widows:
                  auto; word-spacing: 0px; -webkit-text-stroke-width:
                  0px;" class="">
                <br style="font-family: Helvetica; font-size: 12px;
                  font-style: normal; font-variant-caps: normal;
                  font-weight: normal; letter-spacing: normal; orphans:
                  auto; text-align: start; text-indent: 0px;
                  text-transform: none; white-space: normal; widows:
                  auto; word-spacing: 0px; -webkit-text-stroke-width:
                  0px;" class="">
                <span style="font-family: Helvetica; font-size: 12px;
                  font-style: normal; font-variant-caps: normal;
                  font-weight: normal; letter-spacing: normal; orphans:
                  auto; text-align: start; text-indent: 0px;
                  text-transform: none; white-space: normal; widows:
                  auto; word-spacing: 0px; -webkit-text-stroke-width:
                  0px; float: none; display: inline !important;"
                  class="">I'm not trying to revert this ICANN's board
                  decision, I just want to be able to explain the
                  decision made to outsiders.</span><br
                  style="font-family: Helvetica; font-size: 12px;
                  font-style: normal; font-variant-caps: normal;
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                  text-transform: none; white-space: normal; widows:
                  auto; word-spacing: 0px; -webkit-text-stroke-width:
                  0px;" class="">
                <br style="font-family: Helvetica; font-size: 12px;
                  font-style: normal; font-variant-caps: normal;
                  font-weight: normal; letter-spacing: normal; orphans:
                  auto; text-align: start; text-indent: 0px;
                  text-transform: none; white-space: normal; widows:
                  auto; word-spacing: 0px; -webkit-text-stroke-width:
                  0px;" class="">
                <span style="font-family: Helvetica; font-size: 12px;
                  font-style: normal; font-variant-caps: normal;
                  font-weight: normal; letter-spacing: normal; orphans:
                  auto; text-align: start; text-indent: 0px;
                  text-transform: none; white-space: normal; widows:
                  auto; word-spacing: 0px; -webkit-text-stroke-width:
                  0px; float: none; display: inline !important;"
                  class="">Thanks.</span><br style="font-family:
                  Helvetica; font-size: 12px; font-style: normal;
                  font-variant-caps: normal; font-weight: normal;
                  letter-spacing: normal; orphans: auto; text-align:
                  start; text-indent: 0px; text-transform: none;
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                  -webkit-text-stroke-width: 0px;" class="">
                <br style="font-family: Helvetica; font-size: 12px;
                  font-style: normal; font-variant-caps: normal;
                  font-weight: normal; letter-spacing: normal; orphans:
                  auto; text-align: start; text-indent: 0px;
                  text-transform: none; white-space: normal; widows:
                  auto; word-spacing: 0px; -webkit-text-stroke-width:
                  0px;" class="">
                <br style="font-family: Helvetica; font-size: 12px;
                  font-style: normal; font-variant-caps: normal;
                  font-weight: normal; letter-spacing: normal; orphans:
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                  text-transform: none; white-space: normal; widows:
                  auto; word-spacing: 0px; -webkit-text-stroke-width:
                  0px;" class="">
                <br style="font-family: Helvetica; font-size: 12px;
                  font-style: normal; font-variant-caps: normal;
                  font-weight: normal; letter-spacing: normal; orphans:
                  auto; text-align: start; text-indent: 0px;
                  text-transform: none; white-space: normal; widows:
                  auto; word-spacing: 0px; -webkit-text-stroke-width:
                  0px;" class="">
                <span style="font-family: Helvetica; font-size: 12px;
                  font-style: normal; font-variant-caps: normal;
                  font-weight: normal; letter-spacing: normal; orphans:
                  auto; text-align: start; text-indent: 0px;
                  text-transform: none; white-space: normal; widows:
                  auto; word-spacing: 0px; -webkit-text-stroke-width:
                  0px; float: none; display: inline !important;"
                  class="">On 2018-10-24 13:20, Erika Mann wrote:</span><br
                  style="font-family: Helvetica; font-size: 12px;
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                <blockquote type="cite" style="font-family: Helvetica;
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                  -webkit-text-size-adjust: auto;
                  -webkit-text-stroke-width: 0px;" class="">*Dear CCWG
                  AP colleagues - *<br class="">
                  *Cherine Chalaby asked for a meeting this morning,
                  October 24, to inform me<br class="">
                  as CCWG AP Co-Chair about a resolution the Board will
                  pass tomorrow<br class="">
                  morning, October 25, concerning the replenishment of
                  the Reserve Fund.<br class="">
                  Maarten Botterman attended the meeting and Chris
                  Disspain was present for a<br class="">
                  short period at the beginning of the meeting.*<br
                    class="">
                  *To replenish the Reserve Fund, the Board resolution
                  will request a<br class="">
                  contribution from ICANN ORG on an annual basis (8
                  years), total $32<br class="">
                  Million, and an immediate contribution from Auction
                  Proceed, total $36<br class="">
                  Million. These two amounts seen together would
                  replenish the Reserve Fund<br class="">
                  (in 8 years) to the agreed height. *<br class="">
                  *Cherine was interested in informing us ahead of the
                  decision and I<br class="">
                  mentioned, that we were expecting such a move and, as
                  far as this is<br class="">
                  concerned, we're not surprised to see the Board
                  passing this resolution<br class="">
                  tomorrow and that we do appreciate his approach in
                  informing us ahead of<br class="">
                  passing the resolution. *<br class="">
                  Reminder:* The* '*Document for Public comment –
                  Replenishment Strategy for<br class="">
                  the ICANN Reserve Fund' (open date, March 6th,
                  2018/closed April 25th,<br class="">
                  2018) mentioned the following about the replenishment
                  of the fund in<br class="">
                  relation to the topics mentioned above: *<br class="">
                  *<a
href="https://www.icann.org/en/system/files/files/proposed-reserve-fund-replenishment-strategy-06mar18-en.pdf"
                    class="" moz-do-not-send="true">https://www.icann.org/en/system/files/files/proposed-reserve-fund-replenishment-strategy-06mar18-en.pdf</a><br
                    class="">
                  <<a
href="https://www.icann.org/en/system/files/files/proposed-reserve-fund-replenishment-strategy-06mar18-en.pdf"
                    class="" moz-do-not-send="true">https://www.icann.org/en/system/files/files/proposed-reserve-fund-replenishment-strategy-06mar18-en.pdf</a>>*<br
                    class="">
                  *§ Contribution from ICANN Org: Future adopted budgets
                  could be made to<br class="">
                  provide a contribution to the Reserve Fund on an
                  annual basis. This would<br class="">
                  require ICANN Org to plan each fiscal year for
                  expenses to be lower than<br class="">
                  funding by an amount explicitly designated for the
                  purpose of replenishing<br class="">
                  the Reserve Fund. Given ICANN’s funding constraints,
                  contributions from<br class="">
                  ICANN org to the Reserve Fund replenishment result
                  from a reduced<br class="">
                  allocation of ICANN’s resources to its on-going
                  activities, in order to<br class="">
                  produce a surplus that is allocated to the Reserve
                  Fund. Such allocation is<br class="">
                  and needs to continue being the subject of community
                  engagement and input. *<br class="">
                  *§ Auction Proceeds: ICANN currently has US$ 104
                  million collected from<br class="">
                  auctions that were held as the mechanism of last
                  resort to resolve string<br class="">
                  contention in the new gTLD program (including
                  investment returns). This<br class="">
                  amount excludes US$ 132 million relating to the
                  auction of the .WEB string<br class="">
                  net of auction fees *<br class="">
                  *Kind regards, *<br class="">
                  *Erika *<br class="">
                  *Barcelona, October 24, 2018*<br class="">
                  _______________________________________________<br
                    class="">
                  Ccwg-auctionproceeds mailing list<br class="">
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                </blockquote>
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                  class="">_______________________________________________</span><br
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      <pre wrap="">_______________________________________________
Ccwg-auctionproceeds mailing list
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