HomeMy WebLinkAbout0128 3. Reading and disposal of any unapproved minutes .
4. Reports of officers and committees.
5 . Election of officers .
6 . Unfinished business .
7 . New business .
8 . Adjournment .
M. Directors' fees , if any , shall be determined by members of the Associarion , and
approval of any such fees shall require the affirmative vote of not less than two-thirds (2/3)
of the entire membership of the Associarion, provided, Directors designated by the Developer,
and the first Board of Directors. shall not be entitled to any fees or compensation for their
services as Directors . -
N. rSinutes . Minutes of all meetings of Directors shall be kept in a business-like man-
ner and available for inspection by unit owners and Board members at all reasonable rimes.
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; O, Open meetings .~xcept in emergency situations , meetings of the Board of Directors
t shall be open to all members and norice of ineerings shall be posted conspicuously on the con-
~ dominium property at least three (3) days in advance for the attention of the members .
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' P. ~,'acancies . A va,~ancy in any directorship shall be filled by the person or body
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~ having the right to originally elect or appoint such Director.
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k ARTICLE IV
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POWERS AND DUTIES OF ~
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THE BOARD OF DIRECTORS
All of the powers and duries of the Association existing under the Condominium Act~
Declaration of Condominium. Arricles of Incorporation, and these By-Laws shall be exer-
~ cised exclusively by the Board of Directors, its agents, contractors or employees. subject
` only to approval by condominium unit owners where such approval is specifically required~. ,
:~L ~ti'ithout limiring the powers and duties of the Board of Directors, it shall have the following
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express powers, in addition to all others herein granted, and provided for by the Declara-
tion of Condominium and the Condominium Act, to-wit:
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A. To enter into contracts for the purpose of making available to the owners of con-
- dominium units and the residents of the condominium apartment buildings such services as,
but not limited to, door man and automobile parking; maid service; security alarm system
and the like; provided~ however, that the terms or period of such contracts shall not exceed
s three (3) years; and provided, further, that said contracts may provide for additional exten-
sions of the original terms in the absence of written norice of termination by either party. No
such contract shall impose any involuntary monetary obligation or assessment upon any resi-
_ dent of a condominium building or upon the Association, but shall serve only to make available
= such services at the election and option of the user .
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