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8I-~ ~(i2t?8`~ Section 2. Powers and Duties. The Board of Administrators shall have the powers and duties necessary for the administration of the affairs of the Association and the Condominium Property Regime, and may do all such acts and things except as by law or by the Master Deed or by these By-Laws may not be delegated to the Board of Administrators by the suite own~cs. Such powers and duties of the Soard of Administrators shall include but shall not be limited to the following: , (a) Operation, care, upkeep and maintenance of the common areas, limited common areas, and facilities. (b) Determination of the common expenses required for the affairs of the Condominium, including, without Limitation, the operation and maintenance of the Regime. (c} Collection of the assessments (which far the purpose of these By-Laws shall mean such portion of the common expenses as are payable by the respective owners) from owners. (d) Employment and dismissal of the personnel necessary for the maintenance and operation cf *_he general common areas, limited common areas, and facilities. (e) Adoption and amenament of rules and regulations covering the details of the operation and use of the Condominium Property Regime. (f,) Opening of bark accounts on behalf of the Association and designating the signatories requited therefor. (g) Obtaining of insurance for the Condominium Property Regime, including the suites pursuant *_o the provisions of Article VI, Section 1 hereof. {h} Making of repairs, additions and improvements to or alterations of the Condominium Property Regime and repairs to and restoration of the Condominium Property Regime in accordance with the other provisions of these 3y-i.aws, after damage or destruction by fire or other casualty er as a resultaf condemnation of eminent domain praceedirtgs. Section ina Aae nt ^d "tanager. The Board of Administrators may employ for the Condominium Property Regime ,. ___ _,,:_t_ ~--nt arnrrir=Cri-rT.dr`#agEi-~ ~- a ~vngarn5at ifsn e7iaviis,~rd- ..fete-]3i3a2'O_ _____... _._ . _._ a:-,d sasnayiny ay __` ~* Administrators, to perform such duties and services as the Board of Administrators shall authorize, including but not limited to the duties listed in subdivisions (a), (c}, {d), {g) and fh) of Section 2 of this Article ?II. The Board of Administrators may delegate to the manager or managing agent, all of the powers granted to the Board of Administrators by these By-Laws other than the Dowers set forth in subdivisions (b), (e), (f), of Section 7 of this Article III. Section 4. Election and Term. At Che first annual meeting of Lhe Association, the members of the Board of ~ministrators shall be elected to serve until the next annual meeting o~ the Association; provided that if said next annual meeting is less than six (6) months from the date of the first annual meeting, the Administrators shall be elected to serve until the annual meeting immediately following the next annaul meeting which is less ±han six (6) marths in the future. Each Administrator shall 6e elected thereafter to serve a term of one (2i year or until his successor shall !rave been duly elected by the Association. Administrators shall be elected by the vote of the owners of a majority of the basic value of the Condominium Property Regime, using the pereentagea set forth in Paragraph YI of the Master Deed. -a-