HomeMy WebLinkAbout2670 of the Condominium Property or in respect of anticipated expenses
by the Association which are not anticipated to be incurred on a
regular or annual basis and in respect of betterment of the
Condominium Property. Assessments shall be made and collected as
provided in these Bylaws and in the Declaration of Condominium.
The Corporation may contract with the property owners' association
for the collection of the Property Owners' Association assessments.
3, !~!~intain, repair and replace the Condominium property
and interests.
e. Reconstruct improvements after any casualty.
f. Hire and dismiss any necessary personnel required to
maintain and operate the-Condominium and its interests.
g. Make and amend regulations respecting the use of the
Condominium Property and the Condominium; provided, however, that
all such regulations and amendments thereto shall be approved by
an affirmative vote of not less than 75$ of the entire membership
of the Corporation before becoming effective; provided further,
however, that until the last Monday in January, 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 shall first occur,
the Board of Directors shall have the authority to make and amend
regulations respecting the use of the property of the Condominium
without the approval of the membership.
h. Collect assessments for the Property Owners' Association
against individual Unit Owners or Units by adding said assessment
to the assessment of the Association and including it as a portion
thereof .
i. Carry and pay the premium for such insurance as may be
required for the protection of the owners of Condominium Units,
the corporation and its officers and directors against any casualty
or any liability to third persons.
j.- Employ a management agent at a compensation established
by the Board of Directors and delegate to such management agent
such powers and duties as the Board shall authorize except those
~ which are specifically required to be exercised by the Board of
~ Directors or the membership.
k. Enforce by legal means the provisions of the Condominium
Documents, the Articles of Incorporation and the regulations for
the use of the Condominium Property.
1. Pay any taxes or special assessments against any Condomi-
nium Unit where the same are in default, and assess the same
against the Condominium Unit subject to said taxes and liens.
m. Pay any taxes or special assessments on any Condominium
Unit acquired by the Corporation through the enforcement of any
lien held by the Corporation against said Condominium Unit.
n. Further improve the Condominium Property, both real and
personal and purchase or otherwise acquire realty and items of
R furniture, furnishings, fixtures and equipment for the foregoing,
and acquire and enter into agreements pursuant to X718.114,
Florida Statutes. Said rights shall specifically include but not
be limited to, the right to purchase or lease recreational facili-
ties and real property containing or to contain recreational
facilities.
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8~~321 P~~21~