(1) conclude
a memorandum of understanding with ICANN management on behalf
of the DNSO, under which ICANN management will serve as a custodian for the
funds raised by voluntary donations to the DNSO; In such a custodial role,
ICANN management will deposit and disburse funds as directed by the Council or
its Budget Committee, unless ICANN management reports to both that doing so
would in ICANN management’s view either be illegal or jeopardize ICANN’s own
tax status; and
(2) begin
immediately an effort to raise and collect voluntary donations to the DNSO,
which donations will be administered through the above procedure;
and
(3) authorize and direct individual
expenditures from the donated funds described above, according to the terms of
the 2001 DNSO budget approved by the Names Council, for up to $5,000.00. Any individual expenditure exceeding
$5,000.00 will require authorization from the Names Council;
and
(4) authorize and
direct individual expenditures from assessed dues collected from DNSO
Constituencies, according to the terms of the 2001 DNSO budget approved by the
Names Council, for up to $5,000.00.
Any individual expenditure exceeding $5,000.00 will require
authorization from the Names Council;
and