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    <p>Hi Seun,</p>
    <p>The idea is not to have a significant sum spent on any one time
      or one item but to use it for capacity building and training to
      benefit the iCANN mission.  As the amount of money is unknown, we
      were just talking about percentages.  However, there is not much
      support among the participants for up to 20% <br>
    </p>
    <p>Lots of work needed on capacity building which at large groups
      can definitely benefit from <br>
    </p>
    <p>Judith<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 10/26/2017 2:51 AM, Seun Ojedeji
      wrote:<br>
    </div>
    <blockquote type="cite"
cite="mid:CAD_dc6jkULyV+Y4t03c5U4L_99LGZcmus2ZC=oSUFR7ONPgQ9A@mail.gmail.com">
      <div dir="ltr">
        <div>Well no decision is made yet on the percentage to allot to
          fund the reserve. While we must not necessarily agree on the
          limit, I will suggest we do so. <br>
        </div>
        <div><br>
        </div>
        <div>More importantly because I do have a feeling that an
          operational and financial buoyant ICANN will be in the
          interest of At-large than having significant part of the
          auction funds expended on one of project (which by the way may
          be very competitive and may not really have direct win for
          AtLarge folks). Its one of the reason I would support up to a
          20%<br>
          <br>
        </div>
        Regards<br>
      </div>
      <div class="gmail_extra"><br>
        <div class="gmail_quote">On Thu, Oct 26, 2017 at 10:12 AM,
          Judith Hellerstein <span dir="ltr"><<a
              href="mailto:judith@jhellerstein.com" target="_blank"
              moz-do-not-send="true">judith@jhellerstein.com</a>></span>
          wrote:<br>
          <blockquote class="gmail_quote" style="margin:0 0 0
            .8ex;border-left:1px #ccc solid;padding-left:1ex">
            <div dir="auto">
              <div>Hi Seun,</div>
              <div id="m_-3234902901491778371AppleMailSignature">As
                explained by either Xavier or Sam Eisner using some of
                the funds for the reserve is legal however, people on
                the group at least at the time they made the
                presentation  felt that while not illegal sends the
                wrong message and so they preferred not to do it. Also
                the consensus from the call and the survey taken by
                members and participants felt that any amount going to
                replenish the reserve be under 10%. I for one agree with
                that as the people who spoke about this made a very good
                case.  Interested to hear what others have to say, but
                as I and Maureen said the group has moved passed this
                point many months ago and is now discussing the
                frameworks on how the structure that manages the money
                and gives the grants will function. Since we are no
                longer discussing this issue, I do not think it is fair
                for us to argue on this anymore. We need to focus on the
                issues now being discussed</div>
              <div id="m_-3234902901491778371AppleMailSignature"><br>
              </div>
              <div id="m_-3234902901491778371AppleMailSignature">Happy
                to discuss this with you and others</div>
              <div id="m_-3234902901491778371AppleMailSignature"><br>
              </div>
              <div id="m_-3234902901491778371AppleMailSignature">Judith<br>
                <br>
                Sent from my iPad<span style="font-size:13pt"> </span>
                <div><span style="font-size:13pt"><a
                      href="mailto:judith@jhellerstein.com"
                      target="_blank" moz-do-not-send="true">judith@jhellerstein.com</a> </span></div>
                <div><span style="font-size:13pt">Skype
                    ID:JudithHellerstein</span></div>
              </div>
              <div>
                <div class="h5">
                  <div><br>
                    On Oct 25, 2017, at 6:17 PM, Alan Greenberg <<a
                      href="mailto:alan.greenberg@mcgill.ca"
                      target="_blank" moz-do-not-send="true">alan.greenberg@mcgill.ca</a>>
                    wrote:<br>
                    <br>
                  </div>
                  <blockquote type="cite">
                    <div>
                      Thanks Seun.<br>
                      <br>
                      There is no question of the "legality" of ICANN
                      using the
                      auction find to top up the reset. Or at least I
                      have never heard mention
                      of such a concern.<br>
                      <br>
                      Whether operating costs are reasonable and
                      justified is an ongoing issue.
                      It might be addressed in the current public
                      comment, or in the one to be
                      opened on the FY19 Plan and Budget.<br>
                      <br>
                      Alan<br>
                      <br>
                      <br>
                      On October 25, 2017 4:49:51 AM GMT+01:00, Seun
                      Ojedeji
                      <<a href="mailto:seun.ojedeji@gmail.com"
                        target="_blank" moz-do-not-send="true">seun.ojedeji@gmail.com</a>>
                      wrote:
                      <dl>
                        <dd>Hello Alan,<br>
                        </dd>
                        <dd>On the assumption that ICANN can legally use
                          part of the proceeds to
                          fund reserve, I'd be also can live with up to
                          a 20% of whatever is the
                          accessible amount of the AP.<br>
                        </dd>
                        <dd>However on a related note, I do personally
                          think ICANN operating cost
                          is quite on the high side in the first place
                          and while effort is being
                          made to get a 1 year reserve, i will be
                          interested to know how much
                          effort the Board is putting on 2 specific
                          items:<br>
                        </dd>
                        <dd>1. Avoid continuous increase on the
                          operating cost which could then
                          make a year target meaningless.<br>
                        </dd>
                        <dd>2. Minimize operating cost as much as
                          possible (of course without
                          affecting the SO/AC part of things) so a 1
                          year reserve could end up
                          sufficient for many more months when the need
                          arises.<br>
                        </dd>
                        <dd>Regards<br>
                        </dd>
                        <dd>Sent from my mobile
                        </dd>
                        <dd>Kindly excuse brevity and typos<br>
                        </dd>
                        <dd>On Oct 25, 2017 2:07 AM, "Alan Greenberg"
                          <<a href="mailto:alan.greenberg@mcgill.ca"
                            target="_blank" moz-do-not-send="true">alan.greenberg@mcgill.ca</a>
                          > wrote:
                          <dl>
                            <dd>This is a briefing note in preparation
                              for the discussion in AbuDhabi
                              current scheduled for 9:30 am, local time,
                              on Sunday.<br>
                            </dd>
                            <dd>As is common for non-profit
                              organizations, and particularly ones
                              where their income or expenses might be
                              subject to unexpected
                              fluctuations, ICANN maintains a "Reserve
                              Fund" to allow it to
                              cover unexpected expenses or below
                              expectations income. Currently the
                              target for the fund is one year's regular
                              expenses, but due to unexpected
                              expenses (primarily associated with the
                              IANA transition and
                              accountability exercise), it is below
                              that. There is an open Public
                              Comment where you can find out more about
                              the fund -
                              <a
                                href="https://community.icann.org/x/GJNEB"
                                target="_blank" moz-do-not-send="true">
                                https://community.icann.org/x/<wbr>GJNEB</a>.<br>
                            </dd>
                            <dd>It has been suggested that some portion
                              of the proceeds of the new
                              gTLD Auctions (currently about $235m,
                              although there is some chance it
                              could be as low as $105m) be used to help
                              build back the reserve.<br>
                            </dd>
                            <dd>Excluding this possibility, the target
                              use of the Auction Funds will
                              be projects that are aligned with ICANN's
                              mission and enhance the
                              Internet (wording still under debate).<br>
                            </dd>
                            <dd>This brief discussion will be to solicit
                              thoughts on whether this
                              would be a good idea or not.<br>
                            </dd>
                            <dd>Alan<br>
                            </dd>
                            <dd>______________________________<wbr>_________________
                            </dd>
                            <dd>ALAC mailing list
                            </dd>
                            <dd><a
                                href="mailto:ALAC@atlarge-lists.icann.org"
                                target="_blank" moz-do-not-send="true">
                                ALAC@atlarge-lists.icann.org</a>
                            </dd>
                            <dd>
                              <a
                                href="https://atlarge-lists.icann.org/mailman/listinfo/alac"
                                target="_blank" moz-do-not-send="true">
                                https://atlarge-lists.icann.<wbr>org/mailman/listinfo/alac<br>
                                <br>
                              </a>
                            </dd>
                            <dd>At-Large Online:
                              <a href="http://www.atlarge.icann.org"
                                target="_blank" moz-do-not-send="true">http://www.atlarge.icann.org</a>
                            </dd>
                            <dd>ALAC Working Wiki:
                              <a
href="https://community.icann.org/display/atlarge/At-Large+Advisory+Committee+%28ALAC%29"
                                target="_blank" moz-do-not-send="true">
                                https://community.icann.org/<wbr>display/atlarge/At-Large+<wbr>Advisory+Committee+(ALAC)</a>
                              <br>
                              <br>
                            </dd>
                          </dl>
                        </dd>
                      </dl>
                    </div>
                  </blockquote>
                  <blockquote type="cite">
                    <div><span>______________________________<wbr>_________________</span><br>
                      <span>ALAC mailing list</span><br>
                      <span><a
                          href="mailto:ALAC@atlarge-lists.icann.org"
                          target="_blank" moz-do-not-send="true">ALAC@atlarge-lists.icann.org</a></span><br>
                      <span><a
                          href="https://atlarge-lists.icann.org/mailman/listinfo/alac"
                          target="_blank" moz-do-not-send="true">https://atlarge-lists.icann.<wbr>org/mailman/listinfo/alac</a></span><br>
                      <span></span><br>
                      <span>At-Large Online: <a
                          href="http://www.atlarge.icann.org"
                          target="_blank" moz-do-not-send="true">http://www.atlarge.icann.org</a></span><br>
                      <span>ALAC Working Wiki: <a
href="https://community.icann.org/display/atlarge/At-Large+Advisory+Committee+%28ALAC%29"
                          target="_blank" moz-do-not-send="true">https://community.icann.org/<wbr>display/atlarge/At-Large+<wbr>Advisory+Committee+(ALAC)</a></span></div>
                  </blockquote>
                </div>
              </div>
            </div>
            <br>
            ______________________________<wbr>_________________<br>
            ALAC mailing list<br>
            <a href="mailto:ALAC@atlarge-lists.icann.org"
              moz-do-not-send="true">ALAC@atlarge-lists.icann.org</a><br>
            <a
              href="https://atlarge-lists.icann.org/mailman/listinfo/alac"
              rel="noreferrer" target="_blank" moz-do-not-send="true">https://atlarge-lists.icann.<wbr>org/mailman/listinfo/alac</a><br>
            <br>
            At-Large Online: <a href="http://www.atlarge.icann.org"
              rel="noreferrer" target="_blank" moz-do-not-send="true">http://www.atlarge.icann.org</a><br>
            ALAC Working Wiki: <a
href="https://community.icann.org/display/atlarge/At-Large+Advisory+Committee+%28ALAC%29"
              rel="noreferrer" target="_blank" moz-do-not-send="true">https://community.icann.org/<wbr>display/atlarge/At-Large+<wbr>Advisory+Committee+(ALAC)</a><br>
          </blockquote>
        </div>
        <br>
        <br clear="all">
        <br>
        -- <br>
        <div class="gmail_signature" data-smartmail="gmail_signature">
          <div dir="ltr">
            <div>
              <div dir="ltr">
                <div>
                  <div dir="ltr">------------------------------------------------------------------------<br>
                    <font color="#888888">
                      <blockquote style="margin:0pt 0pt 0pt
                        0.8ex;border-left:1px solid
                        rgb(204,204,204);padding-left:1ex;font-family:garamond,serif">
                        <i><span style="color:rgb(0,102,0)">Seun
                            Ojedeji,<br style="color:rgb(0,102,0)">
                          </span><span style="color:rgb(0,102,0)">Federal
                            University Oye-Ekiti<br
                              style="color:rgb(0,102,0)">
                          </span><span style="color:rgb(0,102,0)">web: 
                                </span><a
                            href="http://www.fuoye.edu.ng"
                            target="_blank" moz-do-not-send="true">http://www.fuoye.edu.ng</a><br>
                          <span style="color:rgb(0,102,0)"></span><span
                            style="color:rgb(0,102,0)">Mobile: <a
                              value="+2348035233535"
                              moz-do-not-send="true">+2348035233535</a></span><span
                            style="color:rgb(0,102,0)"></span><br>
                        </i><i><span style="color:rgb(0,102,0)">alt
                            email:<a href="http://goog_1872880453"
                              target="_blank" moz-do-not-send="true"> </a><a
                              href="mailto:seun.ojedeji@fuoye.edu.ng"
                              target="_blank" moz-do-not-send="true">seun.ojedeji@fuoye.edu.ng</a></span></i><br>
                        <br>
                        <blockquote style="margin:0px 0px 0px
                          0.8ex;border-left:1px solid
                          rgb(204,204,204);padding-left:1ex">Bringing
                          another down does not take you up - think
                          about your action!<br>
                        </blockquote>
                      </blockquote>
                    </font><br>
                  </div>
                </div>
              </div>
            </div>
          </div>
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    </blockquote>
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