HomeMy WebLinkAbout0700 Section 7. Regular meetinqs of the Board of Directora
may be held at such time and place as shall be determined from
~ time to time by a majority of the Board of Direators. Notice of
regular meetings of the eoard of Directors shall be qiven to each
Director, person~lly or by mail, telephone or teleqraph, at least
five (5) days prior to the day naimed for such meeting.
The Directore ma~y establish a schedule of regular
meetinqs to be held in the office of the corporation and no
notice ahall be required to be ser~t to said Diractore and said
rsqular meetinqs, once eaid schedule has been adopted and published.
Section 8. Special meetinqs of the Hoard of Directors
may be c$lled by the President on f ive ~5) days' notice to each
Director, qiven personal.ly or by mail, talephone or telegraph, which
notice shall state the time, place and purpose o~ the meeting.
Special meetinqs~of the Board of Directore.shall be called by the
President or Secretary in like manner and on like notice on the
written request of the majority of the 8oard of Directors.
- Section 9. Before, at, or after any meeting of the
Board of Directors, said Directors may, in writing, waive notice
of said meetinq and such waiver shall be deemed equivalent to
the ~ivinq of such notice. Attendance by a Director at any
meeting of the Board shall be a waiver of notice by him of the
t3m~_and place thereof. If all the Directors are present at any
meeting of the Board, no notice shall be requ3red and any business
may be transacted at such meeting.
Section 10. At all meetings of the Board of Directors,
a majority of the Board of.Directors ehall constitute a guorum
for transaction of business, and the acts of the majority of~the
Directors present at a meetinq at which a auorum is preaent shall
be the acts of the Board of Directors. If, at any meeting of the
Board of Directors, there be less tha~ a quorum present, the
majority of those present shall be able to adjourn the meeting
from time to time. At any such adjourned meeting, any business
which might_have been transacted at the meeting as oriqinally
called may be transacted without further notice. The President
of the Corporation shall act as Chairman of the Board of Directors
and he shall be entitled to vote as a member of the~Board of
Directors on all questions arising before the Board of Directors.
'i Section 11. The Board of Directore shall have all the
! powers vested under common law and pursuant to the provisions of
' Chapter 617, Florida Statutes, together with any powers granted
to it pursuant to the terms of the Articles of Incorporation of
the corporation and any plats, conveyances, delcarations of condo-
minium, and/or declarations of covenants and restrictions f iled
by Hutchinson Island Limited Partnership, its agente, successors
or assigns. Such powers shall include but not be 13mited to the
following: _
a. Management and operation of Ocean Village Property
Owners' Association, Inc., and its interests.
b. To make and collect assessments from members for the
purpoae of operating and maintaining the corporation property and
interests.
c. The maintenance, improvement, repair and replacement
of the corporation'e property and interests.
d. The reconstruction of property after any casualty
and the further improvement of the property.
e. The hiring and dismissal of any necessary personnel ~
to maintain and operate the corporation property and its interests. ~
f. Power to make and amend requlations respecting the
~ use of the property of the corporation.
~ g. To sell annual social memberships for the beach club,
dining room, golf and tennis facilities to non-members of the corpor-
~ ation under such terms as are deemed advisable.
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