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HomeMy WebLinkAbout0492 4. Reading and disposal of any unapproved minutes. 5. Reports of officers. 6. Reports of committees. ~ ~ , 7. Blection of inspectors of elections. ~ ~ ~ Election of directors. i 9• Unfinished business. ~ ~ 10. New business. ~ 11. Adjournment. I. Proviso. Provided, however, that until the Developer of the Condominium has completed all of the contemplated improvements and closed the sales of all of the dwelli ' ng units , of the Condominium, or until three years from the date of the recording of the Declaration of Condominium for INL~T HOUSF~r i CONDCMINIUI~ APARRi~'~ENTS, INC. in the public records of St. Lucie ' ~ s Courity, or until the Developer elects to terminate its control 3 of the Condominiu~, whichever shall first occur, the proceedings ~ of all meetings of inembers of the Association shall have no effect unless approved- by the Board of Directors. ARTICLE III DIRECTORS A. Nembership. The affairs of the Association shall be managed by a board of not less than three f3) nor more than } five (5) directors, the exact nwnber to be determined at the ~ time of election. i B. Election of directors shall be conducted in the following manner: ~ 1. Election of ~irectors shall be held at the annual ~ _ ' 3 ! members' meeting. ; 2. A nominating co~ittee of five (5) members shall be appointed by the Board of Directors not less than thirty (30) days prior to the annual members' meeting. The committee shall nominate one person for each director then serving. Nominations for additional directorships created at the meeting shall be made from the floor,and other nominations may be made from the floor. 1~3 ~ 49~ ~ ___~~a~: _A ~ ~v. ~ _ . _