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N. Order of Business.
The or er o usiness at a Board meeting shall be:
1. Calling of rolls
2. ',,proof of due notice off' meeting; .
3: Reading and disposal of minutes;
4. Reports. of officers and committees;
5. Election of officers;
6. Old business;
7. New business; and
8. Adjournment.
O. Board Compensation.
' No Board member shall receive compensation for
service in such capacity.
P. Powers and Duties of the Board. -
The•Board s a have a o t e powers and duties
of the Association .existing under the laws of the State of Florida,
the Condominium Act, Declaration of Condominium, Articles of Incor-
poration and these By-laws. All such powers shall be exercised
exclusively by the Board, its agents, contractors or employees,
subject only to approval by unit owners when that is specifically
required.
Q. -Officers.
The officers of the Board shall be a president,
a secretary and a treasurer, each of whom shall be elected annually
" by a majority of the Board present at a meeting at which a quorum
is present. The Board may appoint other officers and grant them
the duties it deems appropriate. Officers serve at the pleasure
of the Board. A person-may not hold more than one office. No
person shall sign an instrument nor perform an act in the capa-
city of-more than one office. The officers shall perforn+ the
duties of such officers customarily perforr.~ed by officers of
corporation. No officer- shall receive any compensation for"services
in such capacity.- -
1.- President.
The president shall be the chief executive
officer of the Association. He shall have all of the powers and
duties that are usually .vested in the office of president, in-
cluding, but not limited to, the power to appoint committees from
among the members from time to time to assist in the conduct of
the affairs of the Association as he in his discretion may deter-
mine appropriate. "
2. Treasurer.
The treasurer shall have custody of all property
of the Association, including funds, securities and evidences of
indebtedness. He shall keep•books of account of the Association
in accordance with good accounting practices, which, together with
the substantiating papers, shall be made available to the Board or
Association for_ examination at -reasonable times.
3. Secretary.
The secretary shall keep the minutes of all
proceedings of the Board and the Association. He shall attend to
the serving of all notices to the unit owners and Board and other
notices required by law. He shall have custody of the seal of the
Association and shall affix it to instruments requiring a seal when
duly. signed.- He shall keep the records of the Association and
shall perform all other duties incident to the office of secretary
of an association as may be required by the Board. .
IV. MANAGEMENT.
The provisions for management of the Association set forth ~I
in the Declaration of Condominium and Articles of Incorporation
shall be supplemented by the following provisions: -
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