|
1 •f H •
<br /> ' _nV�
<br /> ..' . . - . .. . �l ' . .
<br /> L.. � ,l4�r �T� " �� .. -�, . . ., . - . . . '�::�+""� ':�,
<br /> b, • - ...n�3d� 't�rw.x.� �..�__._._._.�_._..._.---�--.__:_.�Y. _.. _.�__.___..—�-----•-------._._._:°,L��__<�����• .
<br /> #- , '
<br /> '�' • � . . . . . rY .
<br /> . �
<br /> .. • • `�� Y� � �qYqtl 7/�C� �
<br /> 3Q�i��pY3 Q. PT�t nra�v tl�tei Tha vote oP ct majori�y of �ho �.,
<br /> votae �spr0eontod et a me�ting �t whiah a quorum sha11 be preaent
<br /> ehe�ll �e k�inding upon all suito awnero fnr a11 purposee except "
<br /> ' whore �n �he Mc�etor Oc�ad and Declaration� o�r i:heea Sy-Laws a high�e� � Y�
<br /> peraentagc� vote is required. -
<br /> " ��aCiQn�• �ig°dur�a• The preaiden�. ahall proside over
<br /> membere� meetl.nge and the searotary ehal7. lc@ep the minute book • -
<br /> wherein �he resolutione shall be reaorded�
<br /> � ' �ectiQn 1�. �d-iournm�nt Tf aaiy mee�ing o� tho Aseaciation -
<br /> • �� aan�no�G ba held beaause a quorum has no� attenda�, a ma�ority in " �� '�..
<br /> aommon interest oP the euite ownere who ara preec�nt at suvh „ �,;<��,�.,;;;�.:;
<br /> meeting, c�ither in pArson or b - •'�°� � �,
<br /> y proxy, may ad�ourn the meetinc� to ,;��;j;c;,s,;.=-
<br /> a time no� lesB ti4�an 48 hours from the time tha oxigia�ax meeting -
<br /> was callad. . : '-�;�.ti��'�_-.
<br /> ..A.�,_.-.
<br /> ijia�i�L-�_.=. _—.
<br /> ARTICLE ITI. BOARD OF ADMTNISTRATORS �}�
<br /> �T:-_"
<br /> �eat�.on 1. IS'umber and Ouali�'{�-p*����+ The a�faire oP the ���===
<br /> Aesoaiation and the Condominium Property Reqimo ahall ba governed ��
<br /> � • by a Hoard of Admini�trators (also aalled ��Directors��), wntil Jwrae �,,,:�{"
<br /> 30, 1995, or until �he Developer shall relinquish itg aontro7. by "`-
<br /> written no�iae to all owners, whichever ehall first ocaur, and
<br /> thereaPter until their successors ahall have been duly elected by ���'
<br /> the Association. Until then the Developer and Doclarant, James L. r� �
<br /> .. . Cannon and Mary H. Cannon, c�hall designate all me�mbera o� the Hoard �"�-
<br /> af Administrators, afficors and employees of the Asaaciation. =-
<br /> Ther�safter, the Board o� Administrators shall be aomposed of t�e �°�F
<br /> - ...
<br /> _
<br /> ee (3) ownera of r�uites in the Coadominium Reaime wh� AffAl� ��y� �
<br />--------- -- ����:�=°-
<br /> -- - �he numioer of votes as set �orth in Section VI oP the Maater Deed ���-
<br /> creating the Cofldominium Ragime. =-
<br /> .��,
<br /> t�c�ction z. Fowexa and Du�ieA• The Hoard of Administration 'A�T
<br /> shall have the powers and dutiea neaesaaxy for the administration
<br /> of the afPairs of the Asaoaiation and the Condominia, and may do
<br /> �. all suah acts and things except as by law of by the Master Deed or � ����
<br /> by these By-Lawa �r�ay not be delegated to the Haard of '` "
<br /> � Adtn�.nistratora by the suite owners. Such powsrs and duties oP the ,� �
<br /> Baard of Administrato�s shall inalude but shall not bo limited to
<br /> the following:
<br /> �,
<br /> � (a) Opara�ion, care, upkeep and maintenance of the aoaimon ����z_
<br /> areas, limited aommon areas, and facilitieB. ,p���=
<br /> "���_
<br /> (b) Determination of the common expenses required for fihe ,,... ,_c .:���
<br /> affairs of the Condominium, including, withou� =W=;���>:.�
<br /> . 1lmitation, the operation and maintenance of the Regime. � � �� �'1,��
<br /> -�;,,....„ ., 2-
<br /> 7+�+'7+�,�.�•-
<br /> '_4:_
<br /> (c) Collection oP the assessments (which for the purpoaes of ��•
<br /> � t�eB� BY-�Wg ahall mean �uch portion of the c�ommon � i=
<br /> expenses a� are payable by the raspective owners) Erom ��
<br /> . � owners. �
<br /> �;
<br /> (d) Employment and dismiasal of the personnol neaesa�ry for �
<br /> the maintenance and operation of the genaral common ��
<br /> �� areas, limited aommon areas, and facilltiae. �
<br /> " (e) Adoption and amendment of rules and regulat3onc coveriiig �
<br /> the details of the operation and uae of aach Condominium �
<br /> Pxoperty Regime. ,
<br /> � i .;°:' _
<br /> (F) Oponing of bank accounts on behalf of the Association and ! �
<br /> designating the signa�ories required therefor. _�-
<br /> _ . __.. _ . .
<br /> _ ____.
<br /> _ __ --.. ,
<br /> (g) Obta3ning oP insurance for the Condomiaia.
<br /> • (h) Repa3ring and maintaining the property and buildings in
<br /> each Condominium Proparty Regima and repairs, �
<br /> "'� rep.Lacement, and xestoration of the Condominium Property �
<br /> f -3- �
<br /> �,� ,
<br /> i i .
<br /> t
<br /> �� ` �- ._--�r.�,
<br />
|