Decides to approve the capital master plan, including the recommended scope options, to be completed from 2006 to 2014, at a total revised project budget not to exceed US$1,876.7 million; decides that in the unlikely event of cost escalations beyond the approved budget of $1,876.7, all Member States will be subject to a further assessment to meet the revised financial; approves the funding of the capital master plan, based on a mix of one-time and equal multi-year assessments; decides that under the mixed assessment option of one-time and multi-year assessment, all assessments will be based on the regular budget scale of assessments applicable for 2007; also decides that, notwithstanding financial regulation 3.4, assessments for the capital master plan shall be issued on the same day of the first working week of Jan. and shall be considered due and payable in full within 120 days of that date; decides, on an exceptional and ad hoc basis, unless notified otherwise by a Member State within 60 days of the issuance of the notification by the Secretary-General, to place Member States on the multi-year assessment plan for the full period of the capital master plan; also decides that once a Member State selects the option of one-time payment, that selection shall be irrevocable, unless otherwise notified to the Secretary-General by the end of the period of 120 days referred above; further decides to apportion, on the same day of the first working week of Jan. for the period from 2007 to 2011, the amounts applicable, based on each Member State's assessment option of either a one-time payment, based on its share of $1,716.7, or equal multi-year payments over 5 years, in accordance with the regular budget rates of assessment applicable for 2007 for all assessments for the capital master plan, using the scale of assessments for the period 2007-2009; decides to appropriate 42 million dollars for 2007 for the design and pre construction phases of the capital master plan, including swing-space requirements; approves the establishment of a working capital reserve of 45 million dollars under the capital master plan account; resolves that Member States shall make advances to the working capital reserve; approves the establishment of a letter of credit facility; approves any necessary drawdown on the letter of credit.

Adopted without vote, 84th plenary meeting

5 p.

Issued in GAOR, 61st sess., Suppl. no. 49.