Pay attention to the items in bold. Replace openstack1_IP with the IP address of the machine where you are running keystone.

# local_settings.py

import os

DEBUG = True
TEMPLATE_DEBUG = DEBUG
PROD = False
USE_SSL = False

LOCAL_PATH = os.path.dirname(os.path.abspath(__file__))
DATABASES = {
    'default': {
        'ENGINE': 'django.db.backends.mysql',
        'NAME': 'dash',
        'USER': 'dash',
        'PASSWORD': 'notdash',
        'HOST': 'localhost',
        'default-character-set': 'utf8'
    },
}

CACHE_BACKEND = 'dummy://'


# Send email to the console by default
EMAIL_BACKEND = 'django.core.mail.backends.console.EmailBackend'
# Or send them to /dev/null
#EMAIL_BACKEND = 'django.core.mail.backends.dummy.EmailBackend'

# django-mailer uses a different settings attribute
MAILER_EMAIL_BACKEND = EMAIL_BACKEND

# Configure these for your outgoing email host
# EMAIL_HOST = 'smtp.my-company.com'
# EMAIL_PORT = 25
# EMAIL_HOST_USER = 'djangomail'
# EMAIL_HOST_PASSWORD = 'top-secret!'


OPENSTACK_KEYSTONE_URL = "http://openstack1_IP:5000/v2.0/"
# FIXME: this is only needed until keystone fixes its GET /tenants call
# so that it doesn't return everything for admins
OPENSTACK_KEYSTONE_ADMIN_URL = "http://openstack1_IP:35357/v2.0"
OPENSTACK_KEYSTONE_DEFAULT_ROLE = "Member"

# NOTE(tres): Available services should come from the service
#             catalog in Keystone.
SWIFT_ENABLED = False

# Configure quantum connection details for networking
QUANTUM_ENABLED = False 
QUANTUM_URL = '127.0.0.1'
QUANTUM_PORT = '9696'
QUANTUM_TENANT = '1234'
QUANTUM_CLIENT_VERSION='0.1'

# If you have external monitoring links
EXTERNAL_MONITORING = [
    ['Nagios','http://foo.com'],
    ['Ganglia','http://bar.com'],
]

# If you do not have external monitoring links
# EXTERNAL_MONITORING = []

# Uncomment the following segment to silence most logging
# django.db and boto DEBUG logging is extremely verbose.
#LOGGING = {
#        'version': 1,
#        # set to True will disable all logging except that specified, unless
#        # nothing is specified except that django.db.backends will still log,
#        # even when set to True, so disable explicitly
#        'disable_existing_loggers': False,
#        'handlers': {
#            'null': {
#                'level': 'DEBUG',
#                'class': 'django.utils.log.NullHandler',
#                },
#            'console': {
#                'level': 'DEBUG',
#                'class': 'logging.StreamHandler',
#                },
#            },
#        'loggers': {
#            # Comment or Uncomment these to turn on/off logging output
#            'django.db.backends': {
#                'handlers': ['null'],
#                'propagate': False,
#                },
#            'django_openstack': {
#                'handlers': ['null'],
#                'propagate': False,
#            },
#        }
#}

# How much ram on each compute host?
COMPUTE_HOST_RAM_GB = 16