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Herein lies a tale of woe that may amuse the system administrators in the audience. ;) The Town of Celebration is run by the seven-person Board of Directors of the Residential Owners Association. Every month they hold a public board meeting, but one afternoon in March an "emergency meeting" was suddenly announced for the following morning: The purpose of the meeting is to discuss and approve the rental agreement of unused Class B IP Address space owned by CROA to Innersat Networks. This agreement will give Innersat the use of a range of IP addresses that CROA does not currently use. In short: The town used to maintain a modem bank for residents without broadband to dial in for Internet access, but this service was removed back in 2001. The modems used the IP addresses 168.205.0.0 through 168.205.255.255 (also referred to as 168.205.0.0/16, a "Class B" range) which had been given to the town by Disney (when Disney ran Celebration) back in the mid-1990s. This was a block of more than 65,000 internet addresses which Celebration still held and everyone had forgotten about. Then somebody remembered, and figured the town could make money off it. This announcement immediately got attention among townspeople wanting to make more money off it. Said one resident: The world is running out of IP addresses. This means that our unused Class B IP block might become a valuable commodity. I hope someone can convince me that we are not about to give away a potentially valuable asset. Said someone else: If we can get some cash now and still have the addresses to sell in the future that seems worthwhile for the Board of Directors to consider.Don, a member of the Board, stepped in to provide more information. CROA has been sitting on this unused, valuable asset for MANY years. For all of these years these addresses have made us exactly $0. He explained that a company had been found which was very eager to use these addresses for its clients — so interested in closing the deal right away, in fact, that they had signed a contract to pay Celebration $10,000 every month for an entire year, and they had agreed to a contract which was entirely in Celebration's favor! If we found someone to pay us even more money for the addresses, we could terminate the contract immediately! If we discovered that Innersat was using the addresses to spam anybody, we could terminate the contract immediately! The CROA board does not have the time or expertise to shop the country for a better deal, Don added. This is not an area of expertise for any of us. But we could certainly use an extra $120,000!Wow, this deal looked too good to be true! ( Read more... )
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