HomeMy WebLinkAbout0841 being entitled to cast hi5 voteb for each of as n-any nominees as there are va-
cancies to t~e filled. There shatl be r~o cumulative voting.
d. ~:xcept as t~ vacancies Frovided by ren~oval of dir-
ectars by men~bers. vacancies in the board of directors accuring betx•een .
annual n.eetings of ~z:embers shail be fI11Ad by the ren-aininb directors.
e. A ny dlrE;ctor may be ren?oved by concurrEnce of
two-tnird~ of ttje vo~es ni the entire rr~em~ership at a special meetang uf the
m:embers called for that purpose. The vacancy in the board of directors so
created ~hall he filled by the mem~~ers of the Association ~t the same meet-
ing.
f. F'rovided, hawever, uiat until developer of the
condominium has com:~let?d aIl of the conterr~piated improvements and cl~sed
the sal~s of all of the a~artn-,ents of the condominiun-~, or until January 1,
197~, or until the cleveloper elects to ter~ninate its control of the conda-
minium, whichever sh~ll first occur, the first direc#ors of the Rssociatlon
' shall serve, and in fitie event of vacancies thz remaicung -!irectors shall fill
~ tt~e vacar_cies, and if there are no ren=air_ing directors the vacancies shall
be filte~ by the developer.
3 T:~e term. of ~ach director's service shall extend until the
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~ next annual meeting of the i~~embers and subsequently until his suc~essor is
! dulv elected and qualified or until he is removed in the n•anner elsewhere pro-
rided.
3.4 The organization meeting of a newly-elec:ted boarc! of d~r-
ectors shall be held within ten (10) days of their etection at such place and
tin~e as s~all be fixed by the directors at the meeting at ~~hich they wpre
~ elected, ard no further notice of the organization meeting shall be necessary.
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~ 3. 5:.egular meztings of the board oi directors mat~ be held at
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~ such time and place as shall be dPterrr.ined, fror.~ time to tirne, by a r~ajorlty
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~ of the directors. Votic:e of regul~r meetings shall be ~iven to each direcior,
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~ personally or by mail, telephone or telegraph, at least three days prior to the '
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~ CARL F. [LLWANGER ATTORNEY AT LAW P_ Q. /OX /SS~ sTUART. FLORIDA ii4l4
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