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HomeMy WebLinkAbout2666 for which it was given. Every proxy shall be revocable at any time at the pleasure of the Unit Owner executing it. Section 7. Any vote to amend the Declaration of Condominium relat nq to a change in percentage of ownership in the Common Elements or sharing of the Common Expenses shall be conducted by secret ballot. Section 8. Annual or special meetings of the members may be. held at any time or place, without notice, with the written consent of all members. Section 9. In the event that any Condominium Unit is owned by more t an one person or by-a corporation or other entity, the owners of the same shall execute and deliver to the Secretary of the Corporation a written certificate designating the person who shall be authorized to cast the vote allocated to such Condominium Unit. The certificate shall be valid until revoked by a subsequent certificate. Unless said certificate is filed with the Secretary. of the corporation at least five (5) days prior to the meeting in which said vote is to be cast, the vote of such owner shall not be considered for the purpose of determining a quorum or for any other purpose. In the event the approval or disapproval of the owner of a Condominium Unit is required upon any subject, whether or not the same is the subject of any meeting, said approval-or disapproval shall be executed by. the same person who would be entitled to cast the vote of such owner at any Corporation meeting. Section 10. The order of business at all meetings of the members of the Corporation where applicable shall be as follows: a. Election of chairman of the meeting who shall be the President of the Corporation if he is present. b. Call of the roll and certifying of proxies. c. Proof of notice of meeting or waiver of notice. d. Reading or waiver of reading of any unap- proved minutes. e. Reports of officers. f. Reports of committees. g. Election of inspectors of election. h. Election of directors. ~ i. Unfinished business. j. New business. ~ k. Adjournment. ~ Section 11. PROVISO. Provided, however, that until the third Wednesday in February, 1986, or until the Developer elects to terminate its control of the Condominium or until Unit Owners other than the Developer have elected a majority of the Board of Directors, whichever first occurs, the proceedings of members' meetings shall have no effect unless approved by the Board of Directors of the Corporation except as provided in Article VII, Section 5 hereof. ARTICLE V ~ DIRECTORS fi Section 1. The business affairs of the Corporation shall be managed by a Board of Directors who shall be elected annually by ? the members. Said Board of Directors shall consist of not less than three persons nor more than fifteen. The exact number of directors is to be set at the annual meeting. i -3- BOQK~4~ PAGE~~ E '