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HomeMy WebLinkAbout0784 • FtL~D ~9 ~ 33 ~~i'~0 TALl4tit,: 5 r l(:,,. ARTICLES OE' INCORPORATION OF '~~3807 t~UTCHINSON ISLAND BEACH CLUBf INC. The undersigned by these Articles associate themselves for the purpose of forming a corporation not for profit under Chapter 617, Florida Statutes, and certify as follows: ARTICLE 1; NAME AND DEFINITIONS The name of the corporation shall be HUTCHINSON ISLAND BEACH CLUB, INC. For convenience the corporation shall be referred to in this instrument as the Association, these Articles of Incorporation as Articles, and the By-laws of the Association as By-laws. ARTICLE 2: PURPOSE The purpose for which the Association is organized is to provide an entity pursuant to Section 718.111, Florida Statutes, for the operation of ISLAND BEACH CLUB, a Condo- minium, to be located on Hutchinson Island, St. Lucie County, Florida. The corporation shall provide for the maintenance, preservation, administration, and management of the Condo- minium. ARTICLE 3: POWERS The powers of the Association shall include and shall be governed by the following provisions: 3.1. GENERAL. The Association shall have all of the commonlaw and statutory powers of a corporation not for profit under the Laws of Flor ida that are not in conf 1 ict with the terms of these Articles. 3.2. ENUMERATION. The Association shall have all of the powers and duties set forth in the Condominium Act except as limited by these Articles and the Declaration of Condominium of ISI.ANO BEACH CLUB, a Condominium, and all of the powers and duties necessary to operate the Condominium pursuant to the Declaration of Condominium as it may be amended from time to time, including but not limited to the following: a. To make and collect assessments against members as unit owners to defray the costs, expenses and losses of the Condominium. b. To use the proceeds of assessments and charges in the exercise of its powers and duties. .'i c. To buy or lease both real and personal property for Condominium use of the respective Condominiums, and to sell or otherwise dispose of property 5o acquired. Exhibit 3' to the Prospectus Exhibit G • to the Declaration ao~x34~ PacE 78~