HomeMy WebLinkAbout1522 (h) Unfiniahed buaineas. ~
(i) NeM businesa.
Ad~ournment.
2.9 Proviao. Provided, ho~ever, that until the Developer
has completed all oP the contemplated improvementa ar~d cl~osed
the aalea of all oP the condominium unita, or until one (1)
~
year Prom the date the Declaration oP Condominium is recorded, ~
or until the Developer electa to terminate his control of the
Condominium, Mbichever shall first occur, the proceedings
oP all meetings oF membera of the Aasociation ahall have ;
i
no ePPect unless approved by the Board of Directors. ~
3. Directors. ~
3.1 Memberahip. The afPairs of the Association shall be ~
managed by a Board of Directors Mho shall be members of the s
y
t
Association,.eacepting that the first Board of Directora ahall
;
~ conaist of three (3) directors Mho need not be members of the
i
~ Association, and thereaPter the membership of the Board ahall
? consist oP not less than five (5) directors. The Board of °
~
~ Directors may from time to time increase or deeresae the number
~
~
~ oP peraons to serve on the Board, provided, horrever, that the
s
~
Board shall consist oP an odd number of inembers, and provided,
]
~ further, that Po1loMing the term oP ofPice of the first Board
~
~
p of Directors, the Board shall never consiat of lesa than Pive -
R (S) members. Any increase or decrease in the number of inembers
~
; on the Board ahall be effectuated at least thirty (30) days prior
~ to a regular annusl election oP tt~e Board, and such change in
number shall be efPective as of the date oP the next regular `
w~ ~
election. ;
_
3.2 Election oP Directors ahall be conducted in the fol- `
„s)
i
- loxing manner:
(a) Election of Directors shall be held at
= the annual members~ meeti'ng, aub~ect to the proviaions
- of sub-paragraph 3.2 (f) hereof.
~
i
3
~ ~
~ ,
:~_.s
~ 8oox ~.9`7 PAC~1520
~ -4- •
- ~~.'~fV OFFIGES OF GOIDSTEIN. FRANKLIN. CHONIN Q SCHRANK. P. A., 2020 NORTHEAST 163ao STREET. NORTH MIAMI BEAGH, FLOR:DA 33162
'.;:.,z
- . . . . - ~ '
_
'