Board of Trustees Meeting Minutes - 29 December 2010 [Archived]

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Wendesday, Teleconference

Attendees:

Paul Vixie, Chair
Paul Andersen, Trustee
Scott Bradner, Treasurer
John Curran, President & CEO
Timothy Denton, Trustee
Lee Howard, Secretary
Bill Woodcock, Trustee

Minute Taker:

Thérèse Colosi

ARIN Staff:

Nate Davis, COO
Bob Stratton, CFO

ARIN Counsel:

Stephen M. Ryan, Esq.

Observer:

Vint Cerf, 2011 Trustee-elect

1. Welcome

The Chair called the meeting to order at 4:01 p.m. EST. The presence of quorum was noted.

Counsel arrived at 4:04 PM EST.

2. Agenda Bashing

The Chair called for any comments. There were no comments.

3. ARIN Finance Committee Meeting Report

The Financial Committee (FinCom) met on December 17, 2010 to review the proposed ARIN 2011 budget. The Treasurer gave an overview of the FinCom’s recent meeting noting that the Treasurer has requested that, in the future, staff provide the budget for review to the FinCom no later than 30 days before start of fiscal year. The Treasurer noted that the budget presentation had been revised based on his and the FinCom’s suggestions but that no substantive changes were requested in the budget itself.

The Treasurer reported that FinCom recommends adoption of the budget. The Treasurer noted that the recommendation explicitly excluded the long-term financial plan that was included in the presentation. . The FinCom expressed concerns about continuing to spend down the reserves and about the size of the projected ARIN budgets. The Treasurer reported that the recommendation of majority of the FinCom was contingent on the board reviewing the long-term financial plan during its meeting in January 2011. The President presented the budget to the Board for review.

It was moved by Scott Bradner, as Treasurer, and seconded by Paul Andersen, that:

“The ARIN Board of Trustees approves the FY 2011 Budget as recommended by the Finance Committee, subject to possible amendment after the 2011 January Board Workshop.”

The Chair called for discussion. It was the sense of the Board to approve the budget.

The motion carried unanimous via roll call.

4. Any Other Business

The Chair noted that long-term Board member Lee Howard was leaving the Board and will be missed. The Chair stated his appreciation of serving on the Board with Lee and commended him on his skills, attitude, and contributions to the ARIN Board and community. Scott Bradner asked Lee if he wished to continue to reside on ARIN’s Policy Development Committee, due to his excellent work on the Committee in 2010, as Chair. Lee accepted to continue on the Committee in 2011.

Lee thanked the Board for the opportunity of serving with them and stated he would find it hard to find another group with more intelligence and integrity.

5. Adjournment

The Chair entertained a motion to adjourn. Scott Bradner moved to adjourn, and this was seconded by Paul Andersen. There being no objection, the meeting was adjourned at 4:35 PM EST.