HomeMy WebLinkAbout2065 (d) ifitil the first election of directors, and so lon~ as
the initial directors designated in the Certificate of Incorporation
shall remain in office, proposal of an amendment and approval thereof
shall require only the affirmative action of all of the said original
directors, and no meeting of the condominium unit awners nor any
approval thereof need be had.
8.1 Proviso. Provided, however, that no amendment shall
discriminate against any condominium unit owner nor against any condo-
minium unit or class or group of units unless the condormium unit owners
so affected shall consent. No amendment shall be made that is in con_
flict with the Articles of Incorpo~ation or the Declaration of Condominium.
8.2 Execution and recording. A copy of each amendment shall
be attached to a certificate certifying that the amendment was duly
adopted as an amendment of the Declaration and Bylaws, which certificate
shall be executed by the officers of the Association with the foxmali_
ties of a deed. The amendment shall be effective ~vhen such certificate
~ and copy of the amendment are recorded in the Public Records of St. Lucie
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~ County, Florida.
i 9. Management Agreement. Simultaneously with the adoption of fihese
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; Bylaws, the Association, by and through its original Board of Directors
° and Officers, has entered into an agreement with RECAP MANAGEMENT
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3 CORPORATION, a Florida corporation. Each apartment owner, his heirs,
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successors and assigns, shall be bound by said Management Agreement to
~ the same extent and effect as if they had executed said Management
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; Agreement for the purposes t}~erein expressed. It is specifically recog_
~ nized that some or all of the persons comprising the original Board of
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Directors and Officers of the Association are ok~ners of some or all of ~
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" the stock of the said Ftanagement Company, and that such circumstances ?
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' shall not be construed or considered as a breach of their duties a~id ~
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~ obligations to the Association, nor as grounds for the invalidation
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of the ~fanagement Agreement in whole or in part.
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= The foregoing were adopted as the Bylaws of COLONNADES CONDOPIINIUM
N0. 10, INC., a corporation not for profit under the laws of the
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