HomeMy WebLinkAbout1297 Section 8. Special meetings of the Board of Directors may
be cane y t e President on five (5) days' notice to each
Director, given personally or by mail, telephone or telegraph,
which notice shall state the time, place (as hereinabove provided)
and purpose of the meeting. Special meetings of the Board of
Directors shall be called by the President or Secretary in like
manner and on like notice on the written request of at least five
(5) directors. Notice of special meeting shall be likewise
posted for Unit Owners 48 hours in advance of the special meeting -
except in an emergency.
Section 9. Before or at any meeting of the Board of Directors,
said Directors may, in writing, waive notice of said meeting and
such waiver shall be deemed equivalent to the giving of such
notice. Attendance by a Director at any meeting of the Board
shall be a waiver of notice by him of the time and place thereof.
If all the Directors are present at any meeting of the Board, no
notice shall be required and any business. may be transacted at
such meeting. In addition, a director may, by -signing a copy of
the minutes of a meeting`of the Board, consent to the actions
taken at said meeting and wave notice of said meeting. ~
Section 10. At all meetings of.the Board of Directors, a
majority of t e Board of Directors shall constitute a quorum for _
transaction of business, and the acts of the majority of the
Directors present at a meeting at which a quorum is present shall
be the acts of the Board of Directors. If, at any meeting of the
Board of Directors, there be less-than a quorum present, the
majority of those present may adjourn the meeting from time to
time. At any such adjourned meeting, any business which might
have been transacted at the meeting as originally called may be
transacted without further notice. The President of the Corpo-
ration shall be a member of and act as Chairman of the Board of
Directors;~he shall be entitled to vote on all questions arising
before the Board of Directors.
Section 11. The Board of Directors shall have all the
powers vested in it under common law and pursuant to the provisions
of Chapter 617, Florida Statutes, and Chapter 718, Florida Statutes,
together with any powers granted to it pursuant to the terms .of
the Articles of .Incorporation of the.Corporation and the Condominium
Documents, subject only to the approval of the owners of the
~ Condominium Units that may be required under these By-Laws, the
Articles of Incorporation and the Condominium Documents.
Such powers shall. include but shall not be limited to the
following:
a. Manage and operate the Condominium and its interests.
b. Prepare and adopt a budget as herein provided.
c. Make and collect assessments from members for the purpose
of operating and maintaining the Condominium and its interests or
establishing reasonable reserves in respect of repair or replacement
of the Condominium_Property or in respect of anticipated expenses
by the Association which are not anticipated to be.incurred on a
regula-r or annual basis and in respect of betterment of the
Condominium Property. Assessments shall be made and collected as
provided in these By-Laws and in the Declaration of Condominium.
The Corporation may contract with the property owners' association
4 for the collection of the Property Owners' Association assessments.
d. Maintain, repair and replace the Condominium property
and interests.
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