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90106047
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Last modified
10/20/2011 7:57:25 PM
Creation date
10/20/2005 9:52:42 PM
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DEEDS
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90106047
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(b) Proof of notice of .»tins. 90-10604? <br />(o) Reading of minutes of preceding meeting. <br />(s) <br />I <br />_ (h) <br />Reports of officers. <br />Reports of Board of Administrators. <br />Reports of committees. <br />Election of inspectors of electiHn (whnerh <br />as required). <br />glection of member of the Nord of Administrators <br />(when as required). <br />I— <br />, <br />(1) u nfiniow business. <br />i <br />f <br />(3) Now business. <br />A Quorum for Association meetings shall consist of the promenta. In person or by proxy, of <br />suite owners holding a majority of the total basic value of the Condominium Property Regime using the <br />peroentages set forth in Paragraph VI of the Nestor Deade unless otherwise provided in these By -Law <br />4 <br />or the Wstsr; Deed. <br />�+ <br />msetim 7, Voting. <br />The owner or owwars of each suite or saes person dseignsted by such owner or owners to act as <br />proxy on his or their behalf ewhd who need not be an owner, shall be entitled to cast the vat$* <br />appurtenant to such suits at all meetings. The designation of any such proxy shall be mods in writing <br />to the secretary, and shall be revocable at any time by written notice to the Secretary, by the owner <br />or oiwers so designating. In instances of other than individual ownership, any or all of such owners <br />may be present at any meeting of the owner. and (those constituting a group acting unaniaxhasly). say <br />vote or take any other action as an individual owner either in person or by proxy. However. no person <br />Ray act as proxy for the owner or owners of more than one suits. A fiduciary shall be the voting <br />1 <br />l <br />mambsr with respect to any suite awned in a fiduciary c#pacity. <br />I <br />section a. ftiority Vote.' <br />The vote of a majority of the votes represented at a meeting at which a Quorum shal l be present <br />j <br />shall be binding upon all suits owners for all purposes except where in the Master Deed and <br />I <br />iIon <br />Declarations or these By -Laws a higher percentage vote is required. <br />- <br />9. procedure. <br />The President ahel l preside over members' meetings and the Secrstary shal l keep the minute book <br />wherein the resolutions shall be recorded. <br />section 10. AdjgWrnment. <br />If any meeting of the Association cannot be hold because a quona has not attended, a majority <br />in common interest of the suite owners who are present at such aeeting, either in person or by proxy, <br />nay adjourn the meeting to a time not lass than forty -eight (i9) hours from the time the original <br />meeting was called. <br />—` <br />ARTICLE III. BOARD OF ADMIMISTRATORB <br />t <br />Section 1. Number and Qualification. <br />The affairs of the Association and the Candominium Property Regime shall be governed by a Masrd <br />_ <br />j <br />of Administrators (also called "Directors"), until December 31. 1993, or . wntil the Developer shell <br />_ <br />relinquish its control by written notice to all owners, whichever 0411 first Occur. and thereafter <br />until their successors shall have been dwly elected by the Association. Until then -the Developer. <br />Park Gardens Development, Inc. ► aheli designate all members of Via Scares of Administrators, officers <br />and esployses of the Association. Thersaf'ter, the Board of Administrators shall be comF C it of not <br />lees than five (5) nor more than thirteen (13) persons, all Of who+ sort be suits owners in the <br />Condominia, unless at the time there are less than +h 1w own re in the Consa minis. <br />aeetion 2. pgglra nd� Duties, <br />The Board of Administrators shall have the powers and duties necessary for the administration <br />of the Affairs of the Association and the Condominia. and nay do all such acts and things except as <br />+ <br />by law or by the Master Deed or by these By -Laws may not be delegated to the Board of Administrators <br />by the suite enema. Such coven and duties of the Bard of Administrators shell include but adell <br />not to limited to the following: <br />1 <br />(a) Operation, care& upkeep and maintenwrce of the common areas, limited common areas, and <br />feel litiss. <br />1! <br />(b) Determination of the colmoni exparess required for the affairs of the Condominiump <br />including, without limitation, the operation and maintenance of the Regime. <br />(c) Collection of the assessments (which for the purpose of three By -Care shall Bean each <br />portion of the oamlon expew -ass as are payable by the respective owners) from ow re. <br />(d) Employment and dismissal of the personnel necessary for the maintenance and operation <br />of the general common areas, limited common are", and facilities. <br />(e) Adoption wd amendment of rules and regulations covering the detai is of the operation and <br />L <br />use of each Condominium Property Regime. <br />(f) Opening of bank accounts on behalf of the Association and designating the signatories <br />required therefor. <br />I— <br />, <br />
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