[Board] New MOUs proposed...

[Tyler Mitchell]

I was wondering about the cash flow timing - "when" as well as the "how much".  E.g. do we need to guarantee the deposit, plus the final bill and when would that be, etc.

Tyler

On 2011-09-02, at 11:16 AM, Frank Warmerdam wrote:

> On Fri, Sep 2, 2011 at 11:11 AM, Michael P. Gerlek <mpg at flaxen.com> wrote:
>> I see from the logs that the IslandWood sprint funding was voted down, but
>> it looks like there were multiple possible reasons -- too hard on OSGeo
>> budget, fear of setting precedent, ..?
>> 
>> These are reasonable concerns, certainly, but it's not clear to me if the
>> board is looking for more input for me still for possible reconsideration at
>> a future meeting, or if the issue is now completely closed and done with.
>> I'm on a tight timeline here if this is to happen, so please let me know if
>> any further action is needed on my part.
> 
> Michael,
> 
> From my perspective, I want to do a financial review of our
> current position first.  If we have adequate reserves I have
> no problem providing the guarantee.  One other thing is that
> we would need to know an upper bound on the financial
> liability.  The motion that was raised was to cover up to
> $12K but that struck me as inadequate as I had the impression
> the potential liability was more like $20K (even though that
> is very unlikely).
> 
> My "-1" does not mean that I am against supporting the
> code sprint, only that I didn't feel the current motion was
> adequate and that I wanted a better idea of our financial
> position before committing.
> 
> My hope is that we can settle this at the F2F in Denver
> in two weeks.
> 
> Best regards,
> -- 
> ---------------------------------------+--------------------------------------
> I set the clouds in motion - turn up   | Frank Warmerdam, warmerdam at pobox.com
> light and sound - activate the windows | http://pobox.com/~warmerdam
> and watch the world go round - Rush    | Geospatial Software Developer