Meeting (19 December 2005)

Committee: Executive Committee of BoT
Document: excom-05-009
Status: Unconfirmed
Maintainer: Minutes taken by F. Baker & S. Bradner.
Access: Unlimited

Fred Baker (Chair)
Steve Crocker
Daniel Karrenberg
Patrick Vande Walle
Glenn Ricart (Treasurer)
Lynn St. Amour (President)
Scott Bradner (Secretary)

The ISOC ExCom met from 10:10 am to 12:00pm (EST) December 19, 2005 via conference call.

I – Ad-hoc IASA Committee Update – SC/LSA
Steve reported that we have closed the trust. ISOC has signed a document licensing the trust assets and opening business for the IASA trust. ISOC has also signed a contract for services with NeuStar Secretariat Services (NSS). This completes the transition of the Secretariat from Foretec to NSS.

Steve noted that he has served in the IASA/IAOC and its preceding AdminRest activity for about 2.5 years, and is scheduled to continue on the IAOC for another year until spring 2007. He is planning to not continue on the ISOC Board for reasons relating to his time commitments, and is considering whether finishing his term on the IAOC is in the best interests of ISOC. No immediate action is required.

II – Ad-hoc PIR Committee Update – GR/LSA
Review of possible new board members for PIR continues, the Excom reviewed several candidates and is actively following up with two of them.

III – Financial/Budget Update
Lynn provided a financial update through the end of October, she reported that the surplus at that point was about a million dollars but that surplus will come down by the end of the year. She estimated that ISOC will wind up with a budget surplus of about $200K this year. Lynn noted that PIR funds would be coming in early in the year.

The excom discussed the recent discussion on the board list about the ISOC budget and funding profile.

All Board Executive Committee Meeting Minutes

Meeting (19 December 2005)