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8. To maintain and/or repair paving, landscaping, street
lights and equipment, both real and personal used in the Common Areas,
for which the obligation to maintain and repair has been delegated and
accepted.
F. To operate without profit for the sole and exclusive
benefit of its members.
G. To perform all of the functions of the .Association,
and undertaken by the Board of Directors of the Association, in
the Dec~;aration of Covenants, Restrictions and Easements, hereabove
described.
H. To obtain and maintain such insurance of any type as '
the Board of Directors of the Association shall from time to time ~
deem necessary, or as may be required, all in accordance with the
Declaration. of Covenants, Restrictions and Easements.
I. The Association will make no distribution of income
to its members, directors or officers.
J. To transact such other business as m~~tbe permitted
by law.
• ARTICLE III
POWERS
The general powers of the Association will. include and be
f governed by the following provisions:
~ A. To accept title or any interest in, the Common Areas.
B. To make and collect assessments against members to
defray costs, expenses and losses of the properties owned by it, or i
inwhich it has an interest or which its members have a right to use,
s
the Common Area when not owned by it, for exterior maintenance of
Dwelling Units owned by members, for restoration or replacement of
Dwelling Units owned by members, and to provide liability insurance,
casualty insurance and any other type of insurance on all or any portion
of the Property included in "The Tarpon Bay Villas" and any such other
F
~ insurance as the Board of Directors shall from time to time deem
necessary or as may be required, all in accordance with the Declaration
of Covenants, Restrictions and Easements, as amended.
C. To maintain, repair and replace the Common Area and
any personal property owned by the Association used thereon.
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