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HomeMy WebLinkAbout1891 I ration of Condominium, Articles of incorporation and these-By-Laws shall be exercised exclusively by the 8oard of Directors, its aqents, contractors or employees, subject only to approval by condwninium unit owners where such approval is specifically required. Without limitinq the powers and duties of the Board of Directors, it shall have the follawing express pawers, in addition to all others herein qranted, and provided for by the Declaration of Condominium and the Condominium Act, to wit: (a). To 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 lonq-term management contract, pra- viding for the manaqement of the condominium property and of the recreation area. (c) To enter into contracts for the purpose of n?aking ~ available to the owners of condominium units and the residents of the condominium apartment building such services as, but not limited to, door man and automobile parkinq; maid service; security alarm system and the like, provided, hawever, that. ~ _ the term or period of such contracts shall not exceed fifteen ~ (15) years, and provided, further, that said contract's may provide for additional extensions of the oriqinal term in the absence of written notice of termination by either party. No such contract shall impose any involuntary monetary obligation - or assessment upon any resident of the condominium building or upon the Association, but shall serve only to make available such services at the election and option of the user. 5. Off icers . ~ The executive officers of the Association shall be a President, who sha 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 President and Vice-President, provided, hawever, that the President shall 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 duly constituted meetinq. E 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 ciisability of the President shall exercise the powers and perform the duties of the President. He shall also assist the President generally and exercise such other powers and perform such other duties. as shall be prescr=bed by the directors. ~ ~ 5.4 The Secretar shall keep the minutes of all proceedings of the directors an ~ e members. He shall attend to the giving ~ and serving of all notice to the members and directors and other . ~ notices required by law. He shall have custody of ~he seal of ~ the Association and affix it to instruments requiring a seal when duly siqned. He shall keep the records of the Association, ~ except those of the Treasurer, and shall perform all other duties incident to the office of Secretary of an association and as may be required by the directors or the President. The Assistant Secretary, if any, shall perform the duties of the Secretary when the Secretary is absent, and shall.otherwise assist the Secretary. b00K1VS PACE18CX7 -5- LAW OFFIG[i OF OOLOS'T[IN. FRANKLIN. GMONIN ~ fCMMNK, F. A.. 2020 HORTH[AST f6sRp lTREtT. NORTH MIAMI et/1GM. RLARIDA ~l1i! . . ss; - ~ - - ' _ .i~ - ~'~'r,~.~;°. _ .