HomeMy WebLinkAbout0832 to ha~e approval of the bo.~rd of director~ o: tha ir.azr.bership of the Asso~
ciation.
j. To contract for the zr:nna~em~nt or o~eration of pori~io~~
of the c~mmon elemen;s susce~tible to separ4te manag~raent or op~ration,
and to lease such portYons.
k. To em.ploy sonnel to pe~•form the services r~qui: ed
for pro~er operation of the con~ominfua~. ~
3. 3 Tr.e Associatfon snall r.ot have the po~ver to purchase an ~;~::rt-
r.~.ent of the con~oir.inium except at sales in forec2osL: e o: lier,s for assess-
~c:ents for cor:~mon expenses, at ~vhic:~ s~les t2~.e 3ssociation snall bid r,o
more t~ian tne amount secLred by its lien. Tris provision shall not be
chs~n~ed without unar.imous approval of the members and the joinder o~ a21
record o~vners of mortgages t~pon t,`~e condominium.
3.4 The po~vers of t~.e Association sha21 be sulalect to and sha12 be
exercised in accordance with the nrovisions of the Declaration of Cbrdomir,l;~m
snd ~the Ey:aws.
3. 5 All funds and the titles of all pron~rty aco.i:ired by the ~ssocia-
i tion and their proceeds shall be he3d in t: us: ior #;e merr.ber~ in a~corri~: :.e
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~ witn the provisions of t;~e Dec:aration of C`.u:
Lominiuzr:, tnese Articies of
~ corporation and the Bylavtrs. -
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~ ~ RTICL~ IV. ~ti.:
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4.1 The members of L'~e Association saall consist of ali of the reco:3
o~vners of apartments in tne coadomi:~unc; ar.a after termination of L'ze cor,-
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~ domir?ium shall consist of those who are members at tt~.e tirr:e of such termin-
d
~ a:ion and t~eir successors and assfgr.s.
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y 4. After receivir.~ cui..^OVal O~ ~ S0~13t20ri a ~:Q2:2T'c:Ci U` :~ti::=1:~~ 3~
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~ .:on of Condomiruur.l, c:.a:~~e of z:~er:.b~rshi~ ia t:~e ysGociatioa sna~l be es~ui:-
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a
~ Iis:~~d by reco: ding in tne ~ublic records of St. Z:1c~e Coun~y, r loric;a, a
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~ d~ed or otner instrumeat es`a5iishir.g G record title to ari aparYmer.t in tne
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~ co,:do.:.iaiurn a:id tr.e delivery to the a ssocia`cion oY a certified copy of sucn
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r CARL F. CLLWANGER ATTORNEY AY LAW P. O. YOX f030 iTYART. FLORIDI, ii4a4
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