RE: [registrars] Registrars approve ICANN budget (2005-2006)

["Jordyn Buchanan" <jbuchanan@xxxxxxxxxxxx>]

I made this clarification at the mike in the public forum.

Jordyn 

-----Original Message-----
From: owner-registrars@xxxxxxxxxxxxxx
[mailto:owner-registrars@xxxxxxxxxxxxxx] On Behalf Of Bhavin Turakhia
Sent: Monday, December 19, 2005 10:39 AM
To: 'Bruce Tonkin'; registrars@xxxxxxxxxxxxxx
Subject: RE: [registrars] Registrars approve ICANN budget (2005-2006)


An important thing to note is though Paul stated in the public forum
that "registrars have not yet approved the budget" - what Paul should
have been really stating is that - "registars have not yet BEEN ASKED to
approve the budget".

- Bhavin

> -----Original Message-----
> From: owner-registrars@xxxxxxxxxxxxxx 
> [mailto:owner-registrars@xxxxxxxxxxxxxx] On Behalf Of Bruce Tonkin
> Sent: Monday, December 19, 2005 1:20 PM
> To: registrars@xxxxxxxxxxxxxx
> Subject: [registrars] Registrars approve ICANN budget (2005-2006)
> 
> 
> Hello All,
> 
> In the public forum of the recent ICANN meeting in Vancouver, Paul 
> Twomey reported that registrars had not yet approved being invoiced 
> for the variable registrar accreditation fees which make up the 
> majority of the ICANN budget.
> 
> The relevant section of the registrars accreditation agreement is 
> shown
> below:
> (http://www.icann.org/registrars/ra-agreement-17may01.htm#3 )
> 
> "3.9.2 Variable Accreditation Fee. Registrar shall pay the variable 
> accreditation fees established by the ICANN Board of Directors, in 
> conformity with ICANN's bylaws and articles of incorporation, provided

> that in each case such fees are reasonably allocated among all 
> registrars that contract with ICANN and that any such fees must be 
> expressly approved by registrars accounting, in the aggregate, for 
> payment of two-thirds of all registrar-level fees. Registrar shall pay

> such fees in a timely manner for so long as all material terms of this

> Agreement remain in full force and effect, and notwithstanding the 
> pendency of any dispute between Registrar and ICANN."
> 
> Kurt Pritz has notified that as of Friday 16 Dec 05, 142 registrars, 
> representing over 70% of registrar-level fees paid, have expressed 
> their approval (exceeding the two-thirds approval required).
> 
> Regards,
> Bruce Tonkin
>