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<br /> . ae�,t i�r a Ma�oritv Vote. The vote af a ma j ority o� the � .�.�.:-�'�-
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<br /> �� �� � votes represented at a meeting at whfah a quarum ahall be presant ,;::,-��.
<br /> ��' shall be binding upun all suite ownera for all purpoees exaept i , � -
<br /> whese in the Master Daed and Dealarations or �hese By-Laws a hi.qher , �,� �..`_��, _
<br /> ' ' �►eraentage vota is required. �
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<br /> ' Seat�on 9 Proaedu� The Prssident shall preside over �
<br />_ members� meetinga and the Searetaxy shall kesp tha mi.nute book ! , -
<br /> ;; , wherein the reaolutions shall be reacrded. � -
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<br /> ' �� �'`� �4ar_t9 pri 10 Adi ournmQll� If any meeting of the Assoaiation -
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<br /> aannot be held because a quorum has not attended, a majority in �
<br /> � �, ,,�.�� �:;;�:,�I� :,.��: common interest of the suite owners who are present at such � .. ,.
<br /> � � . �� mesting, either in pc3rson or by �roxy, may adjourn the meeting to ; -�.. ;�
<br /> � �';; .�� �.�,;:' ,;�� a time not less than 48 houra �from the time the oriqinal meeting �. . •;: •�; ,
<br /> �� �'� was oalied • '
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<br /> , ARTICLE I.I. B( 4RD O�' '1'A3�INISTRATOIt3 }-:,, '.,: s`.� �;�,�
<br /> �, '.�;�_.<,' , ���-_;.�,
<br /> ; �.; �eat{on 1 Number and Qualification. The affair�t of the � � ' i •`�°
<br /> � .���;�� � Aesociation and the Condominium roperty egime ehall be governed . ; ,J�. .
<br /> ,, by a �oard of Administrators (also called "Directors"), until � ��__
<br /> ' Deaember 31, 1993, or un�il the Developer shall relinguish ita ��:����
<br /> � ';i� �, � ccntrol by written notiae to all ownera, whiahever shall firat ; �:�
<br /> �. ,�. occur, and thereafter until th�ir suaaessora shall have besn duly j -
<br /> �'��• elected by the Associaticn. until then the Developer, Midland � `�
<br /> � - Builde�a, Ina. , shall designate all members o� the Board of
<br /> Adminietrator$, ofPiaera and employses of the Association. :
<br /> ` ''� ' ThBreaPtar, the Board QF Administrators ahall bs composed of not , , ;�_ �
<br /> �' less than three (3) nor more than ten (10) persons, al l of whom �a .
<br /> ' � � shall be auite awners in the Condominia, unless at the time there
<br /> � are less than three (3) owners in the Condominia. The number of
<br /> Administrators shall be aet by majority vote of suite owners at the � .
<br /> annual maeting. �
<br /> �ect{on 2. Powers and Duties. The Board of Admini.strators � :
<br /> shall have ttie powers and duties neceasary for the administration {
<br /> of the affairs of the Association and the Condominia, and may do
<br /> � all such acts and things except as by 1aw of by the Master Deed or
<br /> .; � by the$e By-Lawe may not be delegated to the Board of ;
<br /> � '��� Administratora 3�y the Buite owners. Such powers and duties o the
<br /> ,
<br /> . ' � Board of Adminiatrators shall include but shall not be 1 m te o
<br /> the following: .
<br /> � ,�� (a) Operation, care, upkeep and maintenance of the coaimon �'���
<br /> ` ':;� � areas, limited common areas, and f acilities.
<br /> ,
<br /> i (b) Determination of the common expenses required for the
<br /> , affairs of the Condominium, including, without
<br /> limitation, the operatian and maintenance of the Regime.
<br /> (c) Collection of the assessments (which for the purposes of
<br /> these By-Laws shall mean such portion of the cammon
<br /> expenses as are payable by the respective owners) from
<br /> ! owners.
<br /> � td) Em�loyment and dismissal of the personne]. necessary for
<br /> the maintenance and operation of the general com�non
<br /> + areas, limited common areas, and facilities.
<br /> ' � (e) Adoption and amendment of rules and regulations covering
<br /> the details of the operation and use of each Condominium
<br /> Drnnof�l'v Rc�a�i me.
<br />. '�-r---. --- +
<br /> I (f) Openinq of bank accounts on behalf of the Assaciation and
<br /> idesignatinq the signatories reguired therefor.
<br /> � (g) obtaining of insurance for �the condominia.
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