NC: Budget Committee.

Two resolutions. 1. Approve spending $ 8,000 + something for reimbursement to ICANN on teleconference costs. Budget committee doesn’t have power to approve spending above $ 5,000. Council approves. 2. Consequences of procedures relating to constituencies not paying their dues. During 2001, NCDNHC failed to pay dues. NCDNHC filed “show cause” notice. Budget Committee recommends that Names Council waives sanctions. No request or recommendation that dues be forgiven. No implication for 2002 dues. Philipp Sheppard: Formally discuss at next conference call.