Dear Council Members: The ICANN Board just concluded its teleconference today and took the following actions. (1) Approval of São Paulo, Brazil as the venue for the 2006 ICANN annual meeting the first week in December; and (2) Approved funds to pay the evaluators for their work in connection with the review of the GNSO; Although there was a discussion regarding the VeriSign settlement negotiation, there was no action taking. There is a scheduled call for next week 28-Feb-2006. Although the Chair and secretariat have not yet finalized the agenda for that call it is most likely to involve further VeriSign discussions as well as those items which have not yet been completed from today's call. As always, I will try to keep the council informed of any developments. Best regards, Michael D. Palage