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HomeMy WebLinkAbout1122 - - - - - R • i ARTICLE VIII • NAMES AND POST OFFICE ADDRESSES OF DIRECTORS The names and post office addresses of the members of the first Board of Directors who shall hold office pursuant to the terms and provisions of these Articles of Incorporation and the By-Laws of the Corporation and until their. successors are } elected or appointed and have qualified shall be: _ ~ 1. JOE L. KRCHNAK - Ocean Village on Hutchinson Island 2400 South Ocean Drive Ft. Pierce, Florida 33450 2. JOSEPH M. CONNORS - Ocean Village on Hutchinson Island 240.0 South Ocean Drive Ft. Pierce, Florida 33450 3. HECTOR AGUTAR - Ocean Village on Hutchinson Island 2400 South Ocean Drive • Ft. Pierce, Florida 33450 ARTICLE IX BY-LAWS The By-Laws of the Corporation shall be adopted by the Board of Directors. The By-Laws may be amended, altered or rescinded at a duly constituted membership meeting for such • purpose, provided, however, no amendment shall take effect unless approved by members representing at least 75$ of the total votes in the Condominium. In addition, said amendment shall conform to F the requirements of Article VII of the Declaration of Condominium. I ARTICLE X ~ ASSESSMENTS AND REFUNDS i All assessments paid by the owners of Condominium Units for the maintenance and operation of the Condominium which the Corporation shall operate shall be utilized by the Corporation only to pay for the cost of said maintenance and operation and as provided in the Declaration of Condominium. The Corporation shall have no interest in any funds received by it through assess- g ments from the owners of individual Condominium Units or otherwise ~ exce t to the extent necessar to cart out the ~ P y y powers. vested :in it as agent for said members. i I _ i . , ~ -5- PA6E r F 2 ,.S