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<br /> _��^�� • •
<br /> ,��T`F•� • . _ .
<br /> �}� �'�', 1ae 0}retf �
<br /> ,. y=-�" " tb) D�oot of ttot �• r��1 �--- - - -�--
<br /> _:;�,i�r;,r�d-�.` (o) Resdin9 of Ai�rutet�f p�ar:dlrg nieeNe�Sl• ��,w iV�B�V -_�.�� _
<br /> ' � (d) P.�garto of offieero. "
<br /> ,. . , . .. � _ _s-- --
<br /> � _ _ _ _
<br /> . ..�� .n ...
<br /> �e) Reports ef BoeM of Adutnistrators.
<br /> -.- .:�-:_°-::- _
<br /> � (f) R�arts af ea�ittee�. -- -----_
<br /> �.: �j���y�
<br /> �g1 Election of te+speetore of elestion t�en .- ,�:'T_-=,=-.
<br /> so�equi�ed). -'���=--
<br /> th> Eleetian of ma�er of the Board of Admi�istrato�s "'-
<br /> ��hen so �equired). ";�"�svs�-.K,-r:,,�
<br /> � Jc�;;�t�w�_--
<br /> t1> UnfiMehed busirteas. n,.. ---:-_-_ -
<br /> ,;t:;�'sP���•'' --
<br /> . :•,�'�s�; (jI N�Mf bUSif1@88. �ri ' �.;ir tsti���
<br /> ..i r;� 4�MZi011 6. Ot107'MI. `"�4''�-�'__
<br /> �:j.F'� -' ---
<br /> .i_. .:�..-•.-,«_ _
<br /> ,•.�s, :.'}�l .r.S`"..-..--
<br /> `,. �'%i;i;ii• A ouon+n for Assoefation aeetingu shmCl ccnsfise Q4 QRa prQSasicQ. frt person or Isy proxy,of suite ow�ers 1��=:-=':-
<br /> �,�,,,:;,; Ra[ding a majority of the total basie vatue af'tise�mdrrnni,evm Proper�tr tta�93me ustng the pe�eenteyes set forth 'st;:�:y�.;4=--
<br /> fn Vare�raph YI of the Naster Oe¢d, wless or►e�.nrfcr,.�a�aridzd tn tR�srt f3y-�a�s or the qaste�Deed. '`+�Nj.'. F:::'a.:
<br /> •.Sti�rk< "�,. ___
<br /> Sa�ttlon 7. Votit�. '' ��'�. '�
<br /> �;y�X'.,;•, .•_
<br /> ' • The owner or orners of each suite or soma peraen�iesigneted by e�h owner or oKnsrs to aet as proxy on '4�s��?;�.��--
<br /> .. ,;�r.�.�,_. ._._.�
<br /> •�`�;; .`'� his or their behelf end wfio need not be an awner, shall be entitled to eest the votes appurtenar►t to such autte . ��
<br /> ' at all m�wtinga• the designation of ar�y sucl� prozy ehall be made in writing to the Secretary, end shell be , '` ����_---
<br /> ' renocable at arry time by rritten notiee to the Secretery, by the owner or owners so desigrtating. In instencea --
<br /> � of othe�Yhan iedividuat o�nerehtp, eny or all of such owners may be present at arry meeting of the ownere and ' __
<br /> (those ea�stituti�g e groy►acting�nenimously),may vote o� take amr othar aetion as an individual o�ener either �-
<br /> in pereon or by proxy. Howevar, no pereon awy act as proxy for the owne� or oimera of more than one suite. -��
<br /> „ ' .. .
<br /> • � A fiduciery shall be the votir�me�d�er with respeet to arhr suite owned in a fiduciary cepacity.
<br /> -- -�-� - ,
<br /> � ' °
<br /> - -.- .... ....- �!+i'tjM 8. Meioritv Yote. ...
<br /> �
<br /> The vote of a majoriiy of the voAwa represented at a meeting at which e quorun shall be present ahall ,�'�. �
<br /> be binding a�pa�all auite ame�s for all purpoaea except rhere {n the Master Deed and Declarations or these 8y-
<br /> Lews a higher percenta8e wte is required. -
<br /> ,Seetion 9. Proeedure. ',9.�'�,��5
<br /> ,
<br /> , The President shall preside over ment�ers'meetirga end the Seeretary shal l keep the minute booic where{n . .�
<br /> , . � the�esolutions ahell be recorded. , ' :,,� '
<br /> • ', �r....a.
<br /> Seetion 10. Ae/Iourrn�►t. • � �
<br /> `),'�';�' If any�eeting of the Association cannot be hetd because a quorun has not attended, a majority in eamnon ' �',��
<br /> ' � interest of the suite oaners �o are present et such meeting, either in person or by proxy, may edjourn the . :�,.,-
<br /> meeting to e iime tat less than forty-eight (48) hours from the time the original meetiog was calted. lJ���' '
<br /> . '��.•
<br /> ARTICLE III. BOARD OF ADNlN1STR11TORS , '
<br /> � �;f.i
<br /> ' S�ction t N�srber and Qualification. i. , ' `;��J't`�;"
<br /> ` , •:'t+��;i'� "
<br /> The affairs of the Assxiation and the Condani�fun Property Regiaie shalt be governed by a Boerd of '1
<br /> Adninistrators (also celled"Directors"), until Oeeember 31, 1994, or until the Oeveloper shell relirquish its '`� � �
<br /> � . � control by written notice to all oxnere, whichever shall first oetur, and tAereafter until their suetessors � ,
<br /> shalt have been duly elected by the Assaiation. Untii then the Oeveloper, Spectnm Group, a Nebraska �'�
<br /> � curporatio�, snati desi9nate att r�'�be�a i,f the 8oavd ot Adalnistreiors, officers ard emptoyeea of the �
<br /> . ".j}s: -:' � Asaociation. Thereafter, the 9oard of A�tninistrators ahall be conposed of not less than three(3)nor more than
<br /> �� ' six (6) persa�s, alt of whan shall be suite orners in the Condaainia, unless at the tioe there are less than ti ,
<br /> six t6) ownera in the Condominia. � . "
<br /> IS�tion 2. Powers and Dutiea. " �
<br /> The Boerd of A�ninistrators shatl have the powers and duties necessary for the administration of tha
<br /> affairs of the Assoeiation arsd ihe Condominia, ard may do alt such aets and thirgs except as by law or by th¢
<br /> Naster Oeed or by these By-Laws may not he delegated to tAe Board of Adninistrators by the suite wners. Such
<br /> Fwwers and duties of the Board of A�ninistrators shall i�clude but shetl not be limited to the followirtg:
<br /> ' (a) Operation, care, Wohc�ep �"3 maintenance of the ca�mon areas, limited camqn areas, and
<br /> ;.,.i.. , ,• facilities.
<br /> ; r ., -
<br /> • tb) Determinatiw of tha corseon expenses required for the aftairs of the Condaniniun, irttluctirtg,
<br /> without limitatian, the operet+on arM mainienarxe of the Regimes_
<br /> (c) Collection of the assessr�cs(nhich for the purpose of these By-la�rs shall �an such portion
<br /> � Ot tIl@ eairtlOn elepenses as�re payecie vr inc r aajses.i�.a :�.�.v�bi ::vn .7.T.c:S. "
<br /> (d) Ertployment ar+Q dismissal of the persunnel necessery fo� thQ me�ntenanee a�d operation of the
<br /> gerreral ea�ttfon areas, limited co�� ereas, end faeiliiies.
<br /> (e) Adoption and am�2nr of rules and regulations cov�tring thQ detaits of the operation end use
<br /> of thct Condanini�mt Property Regimes.
<br /> , ' (f) Opening o4 bank accaimts on behalf of the Assx iation and designating the signatories required
<br /> � theretora.
<br /> � (g) Obtaining of insurartce for the Cor+daeima.
<br /> (A) Repairing ard maintaining tt+e property erd Eui ldings in the Contlominfun Property Regimes and
<br /> EXHIBIT "A" 2 of 10
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