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<br />snail be held. ,
<br />At such meeting, the original Berard of Administrators shalt
<br />resign as members oE' the Boar-d of Administrators acrd as officers, and
<br />all-the members including the Developer shalt elect a new Berard
<br />of Administrators. Thereafter,- the annual meetings of the Association ,
<br />shall b~ held an the 3ist Bay of March afeach succeeding-year, unless ;,', ?.
<br />such date shall occur do a Saturday, Sunday, oi' holiday in which event! 1`
<br />the meeting shall be held on the succeeding bu5ine'ss day.' At-such-
<br />meetings the-Board of Administrators shall be elected by ballot of the
<br />' members in accordance with the requirements of Section 4 of Article IIT
<br />. of these By-Laws. Sa long as the Developer shall awn one or more of
<br />Ehc+ suites, the Developer shall ere entitled to elect at least--one member-
<br />- of the Board of Administrators who shall serge for a term of one year,
<br />The Association may transact such other business at such meetings as
<br />may properly cnmr_ before it.
<br />Stictiirn 2. S ecial Members' tdeetinrs.
<br />..E --_._ __ __~__ __________,~.
<br />Sprcial meetings of the Association members may be called by
<br />the Fresi:dent or vice President or. by a majority of, the Board, af,
<br />Administrattsr~,; and must bE: called upon reee;ipt of written request 'from.
<br />members hol.rlirrig :.~, ma',;jarit.'y of the total trasic value of th!e C'ondominium'
<br />Property R+selime, usinrt the fsercentag;es sit forth in 1?arar)rapb,vl' pf the
<br />M,~:,rer Deed. Notice of a spec-ial' meeting shall state the time' azid place
<br />o~ such meeting and- the purpose ttir"reaf', iJa 3,~usiness, except, that stated'
<br />irrt I~he roti~e,„ ayhial3. be tr.ansacta5d' at rho special meeting,
<br />Section 3. Place of Meetings.
<br />Meetings of the association members shall be held at the
<br />registered rffice of the Corporation or at such other suitable place
<br />eonvenient'to the memhers as may be designat:e~) by the Ftoard of
<br />Administrators.
<br />Sect.i,an 4;. Notice of 24eetn~l~~..
<br />Et shall be the duty of the Secretary to mail. a written notice
<br />of each. annual, ~~ apeca ~l; me~~tin~# af. the t,swaciatian at least ten fly)
<br />but not mo e than I~hirty ( ltI) clay a nri~err to such ~nnetinq, stating the
<br />1~isrg~~~Se tF~i~,+rxf a5 w~? i r ~ ttsr t z~~* asn=',! F>1'sr ~ wh~rrM1 i,t. i. »; tU be )zelc§, to
<br />~=a~~'f n;er ~rf: r cord, ar 'her ei,t~ aclxtx°~ ~> or. at such other address as
<br />st~c#t-tenet shall Have Jo=si~;;,~e:! ~,~ ;,oboe in writing to the S~cr~tary.
<br />The mailing of a notice of meeting in the manner provided by this Section
<br />Shall be considered service of notice.
<br />section 5. Order of Business.
<br />The order of business at all meetings of the Association shall
<br />be as, folio*s:
<br />(a) Ftall. Call.,
<br />(ti) Pr«of of ncpkice of meeting.
<br />(c) Reading of; minutes of preceding meeting.
<br />(d) Reporks of officers.
<br />$) R==forts of r3oard of Aritninistratars,
<br />(f) R4"'Partf> OE C{rmmlttE:e ~.
<br />{g} Eleckion Of inspectUrS of election
<br />twhen sa required).
<br />(h} lvlection of member of the Board of
<br />Adminicztratcrrs (when ra required).
<br />{i) ttnfi;sinhPd busin~es,r.
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