Resolutions of Board Meeting No. 4

Resolutions Passed at the Board Meeting No. 4
7-9 February 1994.

Resolution 1994-1: Financial Statements for ISOC Board of Trustees Meetings
RESOLVED, that the Board directs the ISOC Secretariat to formulate a cash budget and an accrual budget at all such times as when the ISOC budget is to be considered by the ISOC Board of Trustees.

Resolution 1994-2: Reserves for 1994 ISOC Budget
RESOLVED, that until further direction of the Board of Trustees, the financial reserves of the Society, estimated at USD 312,793 at December 31, 1993, are to be used to provide working capital for the operations of the Society, and shall not be encumbered for any other purpose.

Resolution 1994-3: Borrowing by ISOC
RESOLVED, that until further direction of the Board of Trustees, the President and the Executive Director are instructed to conduct the financial affairs of the Society such that debt beyond normal trade payments in not incurred.

Resolution 1994-4: 1994 ISOC Budget
RESOLVED, that subject to further review at the next regularly scheduled meeting of the Board of Trustees, the President is authorised to carry out the budget for calendar year 1994, which calls for total revenue of USD 967,500, total expenses of USD 965,456, and a budgeted surplus of USD 2,044. In the event of an actual or projected shortfall in revenue appropriate actions will be taken to reduce expenses such that a deficit is not incurred.

Resolution 1994-5: Audit Committee
RESOLVED, that the Board is to establish an Audit Committee, chartered to review ISOC financial procedures and report to the Board of Trustees on a continuing basis.

Resolution 1994-6: Executive Director Appointment
RESOLVED, that the Board confirms the appointment of Anthony Rutkowski as Executive Director of ISOC, to be appointed within terms consistent to that specified in the draft service agreement.

Resolution 1994-7: 1995 ISOC Elections
RESOLVED, that the Board form a committee to report to the Trustees on the proposed schedule for the 1995 Trustee elections, and propose any appropriate changes to the existing elections procedure.

Resolution 1994-8: ISOC Internal Procedures
RESOLVED, that the Board adopts the documented ISOC Internal Procedures, as amended.

Resolution 1994-9: Individual Membership Fees
RESOLVED, that the Board immediately set individual annual membership fees to USD 35, and record all renewed memberships which occurred on or after 1 January 1994 as a two year membership.

Resolution 1994-10: Non Voting Individual Membership
RESOLVED, that the Board establish a committee to investigate a proposal for the establishment of a new non voting class of individual membership of ISOC, and the committee is tasked to report on this matter at the next meeting of the Board.

Resolution 1994-11: Associate Organisational Members of ISOC
RESOLVED, that the Board Establish a new class of organisational membership of ISOC, Associate Organisational Member.

Resolution 1994-12: Friends of ISOC
RESOLVED, that the Board establish a new category of listed membership of ISOC, Friends of ISOC, with a minimum contribution to be determined by the President of ISOC at a level not less than double individual membership fees, for a listing period of 1 calendar year.

Resolution 1994-13: ISOC Chapters
RESOLVED, that the Board empowers the ISOC President to establish ISOC Chapter charter procedures in accordance with these principles, and to implement them:

• ISOC will approve the formation of regional chapters for the purpose of promoting local activity consistent with ISOC goals and charter.
• ISOC Regional Chapters will be designated by ISOC after approval by the President of a satisfactory application to ISOC.
• ISOC Regional Chapters shall consist of local groups of ISOC members.

Resolution 1994-14: Internet Standards Process
RESOLVED, that the Board establish a committee to finalise the document RFC1310bis with particular reference to legal and insurance implications and formulate a strategy by which this arrangement can be effected with the IAB, IESG and IAB. This committee is tasked with presenting the Board a codification of these practices, and should invite legal review by the appropriate US and European entities.