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3.13 Directors' fees, if any, shall be determined by
members of e Association, and approval of any such fees shall
require the affirmative note of not less than two-thirds of the
entire membership of the Associ~tion, provided, directors
designated by the Developer, and the first Board of Directors,
shall not be entitled to any fees or compensation for their
services as directors.
4. Powers and duties of the Board of Directors. All of the powers
and duties o the Association existing under e Condominium Act, Declara-
tion of Condaminium, Articles of Incorporation and these By-Laws shall
be exercised exclusively by the Board of Directors, its agents, contractors
or employees, subject only to approval by condominium unit owners where
such approval is specifically required. Withc~ut limiting the powers and
dutiss of the Board of Directors, it shall have the following express
powers, in addition to all others herein granted, and provided for by
the Declaration of Condominium and the Condominium Act, to wit:
(a) Ta enter into a Ninety-Nine Year Lease on recrea-
tion area, in behalf of and in the name of the Association.
(b) To enter into a long-term management contract, pro-
viding for the management of the condominium property and of
the recreation area.
(c) To enter into contracts for the purpose of makir.g
available to the owners of condominium units and the residsnts
of the condominium apartment building such servxces as, but
not limited to, door man and automobile parking; maid service;
security alarm system and the like, provided, however, that
the term or period of such contracts shall not exceed fif teen
(15) years, and provided, furth~r, that said contracts may
provide for additional extensions of the original term in the
absence af written notice of termination by either party. I~o
such contract shall impose any involuntary monetary obligation
or assessment upon any resident of the condominium building
or upon the Association, but shall serve anly to make avaiiable
such services at the election and option of the user.
5. Officers.
5.1 The executive officers of the Association shall
; be a President, who shall be a director, a Vice-President, who
~ shall be a director, a Treasurer and a Secretary, all of whom
~ shall be elected annually by the Board of Directors, and such
~ Assistant Secretaries and Assistant Treasurers as the Board of
Directors may from time to time determine upon. Any person
~ may hold two or more offices except that the same person shall
~ not hold the office of Pres~dent and Vice-President, provided,
~ however, that the President shnll not also be the Secretary
or an Assistant Secretary. Any officer may be removed peremp-
torily by a vote of two-thirds of the directors present at any
dul~ constituted meeting. - -
5.2 The President shall be the chief executive officer
of the Association. He shall have all of the powers and duties
usually vested in the office of president of an association,
including but not limited to the power to appoint committees
~ from among the members from time to time, as he, in his dis-
~ cretion, may determine appropriate to assist in the conduct
~ of the affairs of the Association.
5.3 The Vice-President in the absence or disability of
tY~e President s a exercise the powers and perform the duties ~
a".
of the President. He shall also assist the President generally ~
~
and exercise such other powexs and perform such other duties <
~ as shall be prescribed by the directors.
~ ;
~ ~ 5.4 The Secretar shall keep the minutes of all proceedings
~ of the directors an the members, He shall attend to the giving
~ -5-
800K~8~ P~CE
LAW OFFICES OF OOLDSTEIN. FRANKIIN. CMONIN Q SGHRANK, P. A.. 2024 NORTHEAST 163no STREET, NORTH MIAMI BEACH. FLORIDA 33162