Update bountry procedure.

website/content/bounties.njk

@@ -24,10 +24,11 @@ description: The MonoGame Foundation uses a bounty system to propose paid incent
 			complete the bounty by e-mail (please indicate which bounty you are applying to): <a href="mailto:[email protected]">[email protected]</a>
         </p>
 		<p>
-            The Foundation board will review your application during the next board meeting (happening every second Wednesday of
-			each month; and providing that you sent your application at least 48 hours ahead of the next meeting). The board will
-			then let you know of the decision. The decision will also be made public in the <a href="/blog/foundation/">meeting's minutes</a>.
-			If the decision is favorable, a service agreement will be proposed to you to legally bind both parties.
+            Each bounty will have a date for applications listed in its description. This will usually be about 2 weeks from the time the bounty is opened.
+            Once the date has been reached the bounty coordinator will review the applications. If there are no applicants, the bounty will remain open.
+            With input from the rest of the board members a successful applicant will be chosen. The bounty coordinator will then let you know of the decision.
+            The decision will also be made public on the specific bounty page. If the decision is favorable, a service agreement will
+            be proposed to you to legally bind both parties. You will also be required to sign a Non-Disclosure Agreement with the Foundation.
         </p>
 		<p>
 			The Foundation board will consider your expertise and proposed schedule. Unless specified, only one application