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<p class="MsoNormal"><span style="font-size:11.0pt">Michele et al,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">For simplicity, I will use Chuck’s email on this topic to address Michele’s comments/questions, as Chuck has inserted additional comments on top of Michele’s.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black">Thank you.<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black"><o:p> </o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black">Best,<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black">Xavier<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black"><o:p> </o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black">Xavier Calvez<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black">ICANN<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black">CFO<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black">12025 Waterfront Drive, Suite 300<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black">Los Angeles, CA 90094<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black">Office : +1 (310) 301 5838<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black">Mobile : +1 (805) 312 0052<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black">Fax : +1 (310) 957-2348<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
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<p class="MsoNormal"><b><span style="color:black">From: </span></b><span style="color:black">Michele Neylon - Blacknight <michele@blacknight.com><br>
<b>Date: </b>Thursday, June 23, 2016 at 4:25 PM<br>
<b>To: </b>Xavier Calvez <xavier.calvez@icann.org>, "community-finance@icann.org" <community-finance@icann.org>, "cwg-stewardship@icann.org" <cwg-stewardship@icann.org><br>
<b>Cc: </b>Executive Team <executive-team@icann.org>, BFC <fin-comm@icann.org><br>
<b>Subject: </b>Re: [community-finance] FY17 Budget update: Section 4 on IANA Stewardship<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-family:"Times New Roman""><o:p> </o:p></span></p>
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<p class="MsoNormal"><span lang="EN-IE" style="font-size:11.0pt">Xavier</span><o:p></o:p></p>
<p class="MsoNormal"><span lang="EN-IE" style="font-size:11.0pt"> </span><o:p></o:p></p>
<p class="MsoNormal"><span lang="EN-IE" style="font-size:11.0pt">Just reading over this and a few comments / concerns.</span><o:p></o:p></p>
<p class="MsoNormal"><span lang="EN-IE" style="font-size:11.0pt"> </span><o:p></o:p></p>
<p class="MsoNormal"><span lang="EN-IE" style="font-size:11.0pt">It sounds like this expenditure is being viewed as a fait accompli and it’s really case of moving things around to work out how it will be funded, which seems a bit backwards. How can you agree
on the expenditure for a project without knowing how you will fund it?</span><o:p></o:p></p>
<p class="MsoNormal"><span lang="EN-IE" style="font-size:11.0pt"> </span><o:p></o:p></p>
<p class="MsoNormal"><span lang="EN-IE" style="font-size:11.0pt">The reserves are already depleted and there doesn’t appear to be any firm plan on how those reserves will be restored, unless I missed something. Yet the expenditure keeps growing.</span><o:p></o:p></p>
<p class="MsoNormal"><span lang="EN-IE" style="font-size:11.0pt"> </span><o:p></o:p></p>
<p class="MsoNormal"><span lang="EN-IE" style="font-size:11.0pt">The legal fees are again ridiculously high. How does ICANN select vendors for these kind of services? Is there a tender process? Is there an RFP?
</span><o:p></o:p></p>
<p class="MsoNormal"><span lang="EN-IE" style="font-size:11.0pt"> </span><o:p></o:p></p>
<p class="MsoNormal"><span lang="EN-IE" style="font-size:11.0pt">Regards</span><o:p></o:p></p>
<p class="MsoNormal"><span lang="EN-IE" style="font-size:11.0pt"><br>
Michele</span><o:p></o:p></p>
<p class="MsoNormal"><span lang="EN-IE" style="font-size:11.0pt"> </span><o:p></o:p></p>
<p class="MsoNormal"><span lang="EN-IE" style="font-size:11.0pt"> </span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:9.0pt;font-family:Consolas;color:black">Mr Michele Neylon</span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:9.0pt;font-family:Consolas;color:black">Blacknight Solutions</span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:9.0pt;font-family:Consolas;color:black">Hosting, Colocation & Domains</span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:9.0pt;font-family:Consolas;color:black"><a href="http://www.blacknight.host/"><span style="color:blue">http://www.blacknight.host/</span></a></span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:9.0pt;font-family:Consolas;color:black"><a href="http://blog.blacknight.com/"><span style="color:blue">http://blog.blacknight.com/</span></a></span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:9.0pt;font-family:Consolas;color:black">http://ceo.hosting/ </span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:9.0pt;font-family:Consolas;color:black">Intl. +353 (0) 59 9183072</span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:9.0pt;font-family:Consolas;color:black">Direct Dial: +353 (0)59 9183090</span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:9.0pt;font-family:Consolas;color:black">-------------------------------</span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:9.0pt;font-family:Consolas;color:black">Blacknight Internet Solutions Ltd, Unit 12A,Barrowside Business Park,Sleaty</span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:9.0pt;font-family:Consolas;color:black">Road,Graiguecullen,Carlow,R93 X265,Ireland Company No.: 370845</span><o:p></o:p></p>
<p class="MsoNormal"><span lang="EN-IE" style="font-size:11.0pt"> </span><o:p></o:p></p>
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<p class="MsoNormal"><b><span style="color:black">From: </span></b><span style="color:black"><community-finance-bounces@icann.org> on behalf of "xavier.calvez@icann.org" <xavier.calvez@icann.org><br>
<b>Date: </b>Monday 20 June 2016 at 03:07<br>
<b>To: </b>"community-finance@icann.org" <community-finance@icann.org>, "cwg-stewardship@icann.org" <cwg-stewardship@icann.org><br>
<b>Cc: </b>Executive Team <executive-team@icann.org>, BFC <fin-comm@icann.org><br>
<b>Subject: </b>[community-finance] FY17 Budget update: Section 4 on IANA Stewardship</span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:11.0pt">Dear all,</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size:11.0pt">Please find attached an extract from the final FY17 Budget document relative to the IANA Stewardship transition (Section 4), currently under review, prior to Board consideration for approval in Helsinki.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size:11.0pt">You may remember that the Draft budget document submitted for public comment did not include information on the FY17 expenses for this project. The Project Cost Support Team created in Marrakech has been working
with the BFC, the CCWG, CWG, ICG co-chairs and involved staff to estimate the draft project’s expenses for FY17. These draft estimates have been included in the attached section (total $8.8m, page 3/10).</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size:11.0pt">Though offered late in the process, as these estimates are under review, your comments and questions on this section are welcome.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size:11.0pt"> </span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black">Thank you.</span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black"> </span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black">Best,</span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black">Xavier</span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black"> </span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black">Xavier Calvez</span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black">ICANN</span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black">CFO</span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black">12025 Waterfront Drive, Suite 300</span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black">Los Angeles, CA 90094</span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black">Office : +1 (310) 301 5838</span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black">Mobile : +1 (805) 312 0052</span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:black">Fax : +1 (310) 957-2348</span><o:p></o:p></p>
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<p class="MsoNormal"> <o:p></o:p></p>
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