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Oo~poration a~d ~y do all sixfi acts ar~d things as are not by law or by the
Declaratian car by these By~-I,aws directed tio be e~aer~cised and done by tt~e Owr~ers.
Zl~ese powpxs shall specifically include, withaut limitation, the follvwinq:
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(a) 4b exerci~e all powers specifically set forth in th~e Declara-
tian in these By-I~ws, the Articles of In~oorporatiaan of this Oarporation, and
iri the Cond~aniniua A~ct, and aIl poiwiers incicZeacita?1 thereto.
(b) Zb mak~e~asses~ts, ~llect said asses9m~ents, and use and ex-
p~d the assessmants to carry out the purpo~es and powe~cs of the (bxporatioai.
~ (c) Zb en}~1vY. disniss and ooa~trol the personn~el n~eoessaYy for the
maint~enar~ce and aperatian of the Qondaniniun Praperty including c~ocRnan areas and
facilities, including the right ar~d power to gnplay at~orneys, acoa~ntants,
c~ontractars, ar~d other professionals as the need arises. .
(d) Zb mal~e and a~nd regulations respecting tYye o~eratuan ar~d use
of the Carmo~ El~ts and Oorx3cminiun ProQerty and the use ar~d maintenanoe of
tt~e Candaninitia Units thetein. ;
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(e) Zb a~ontract fo~r the managemeiit of the Crndaniniun and to designate
to such manayer all of tt~e po~wers and duties of the As..gociation e~ao~p~t those
which may be required by th~e Declaration of C7oa~daniniun to have apprvval of the
Board or meml~ership of t1~e Association.
(f) Designate a~e ar trore aamtittee.s which, to the extent p~wi,ded
in the resoluti.o~ri designatiux,~ such~ oonmittees, shall have the powE~xs of the
Board of Direct~ors in the ir~ainag~r~nt of the busin~ess and affairs of the (bxpora-
tion. S1xi~i anmittee to voa3sist of at least three (3) members of the +Orn;poraticm.
a~e of w~~an shall be a DirecCar. The c~amiittee or ~ittses shall have such r~
ar names as may be determir~ed from time to tim~e by the Hoard and said oamnittee
shall keeP requlax' minutes of their p~~ooeedings and report th~e sa~ne to the Boa.rd
as required.
(9) ~o use and disb?ncse the p~~ooeeds of assessnent and aperatio~ of the ;
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C~orr3antnttm Property' ~
(h) The maintenanoe, regair, replavanent and aperation of the C7oc~d~v-
miniun PY+oQerty.
(i) The 'on of im~movem~rts after casualty ar~d the further
~~vvenent of the p~+~perty.
s~K201 P~1445
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