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HomeMy WebLinkAbout1936 c~on~i~tin4 0! th~ Aweb~r o! directors d~t~rsinsd by th~ Sylaa~, but not l~~s thaa thrN dir~aton, and 1A tha abs~ao~ o! such d~ter~nination shall con~irt o! thr~ director~. Dirsctor~ n~ed not be 0embers of th~ ~s~ociation. 5.2 Oirectors oi the ~sociation shall b~ •leatad at tha ~ aanual ~ting of ths ~bers ia ths mann~r deteseined by ths Bylav~. Directors may ba reaav!sd and vacancies on th~ board o! directors shall b~ fillad in th~ ~ann~r provid~d by tha Byla~+e. 5.3 Tha ~irst election o! dirsctors shall not be held unt~l ~ - f alter the devsloper haa clo~ad the •al~a of all of tha units of the ~ _ ; coadominium, or until d~veloper elects to tsrmiAata ita control of ` the condominiuin, or until atter Dsc~mber 31, 1973, whichever oacurs tirat. Tha directora named in theee Artiales shall •erve until the tirst sl~ction ot diractore, and any vacancies in their number occurring bofors th~~ lirst electfon shall be fillad by the ra~aalAiaq dirsatora. 5.4 The nan~es and addres~as of ths ~embsr~ ot tb• first boazd , ot diractora Who shall hold oltic~ tuitil thsir •uceesaors are elected and hav~s qualitied, or until r~~o~wd, ar~ a~ lollo+?: ~ . ; Richard D. pittenq~r 5318 Paloa Verdee Drive ~ ~ 3arasota, l~lorida 33581 ; ~ ~ L~onald B. Nrye 916 Stypman Bouievasd Stuart, Florida 33457 ~ Donald C. Barton 3910 18th l~ven~s Neet s Hradtntoa, Florida 33505 ; i ~i~ • • O~+~LW ' ' The atfairs ot the Association shall be acLaini~tered by the ~ o!licsra desiqnated in th~ Bylaws. The otliosr~ ~hall be alsct~d by ~ ~ ~ the board o! dir~ctor~ at it~ lir~t ma~tinq lolla?inq the annual msatiAq o! ths s~smbsrs of th~ 1?ssociati~on and ehall eerve at the pleasure -5- t ~ ~ r . • .,:~I! : - ~ ~ 7 Px . ~ ~ ~ , ~ ~ s :~%'~a