HomeMy WebLinkAbout0797 the membership of the Association as previously reyuired in
t t?e:~e By-1 aws .
6.4. ASSESSMENTS FOR CHARGES. Charges by th~~ Association
ayainst members for other than common Nxpt~nse shall :,e payable
in advance. Those charges may be ~~ollectN~i by assessment in
the same manner as common expenses, and when circumstances
permit, those charges shall be added to tt?e~ assessments for
common expense. Charges for other than common exl~nse may be
made only after approval ~f a member, and may include but shall
not be limited to charges for the, use of Condominium property
when authorized by the Declaration of Condominium, maintenance -
services furnished at the expense Uf a member and other
services furnished for the benefit of a memb~?r.
6.5. ASSESSMENTS h'OR EMERGENCIES. Assessments for
common expenses of emergencies that cannot he paid from the
annual assessments for common expenses Tall tie due only after
30 days' notice is given to the unit owners concerned, and
shall tie paid in such manner as tt?e board of directors of the
Association may reyuire in the notice of assessment.
- 6.6. The Depository of the Association shall be such
bank or banks as shall be designated from time to time by the
directors and in which the mun~~ys of the Association shall tie
deposited. Withdrawal of moneys from thc~s~r a~cc~unts shall. be
only by checks siyned by such persons as are authorized by the
directors.
6.7. An accountinc3 of the receipts and disbursements of
the Association shall be made annually by the Association and a
written repor_ t of such receipts and cii:~t~ursements shall be
furnished to each m~~mher not later than thrle~ months after the
end of the fiscal year.
6.8. Fidelity bonds shall be reyuired by the board of
directors from all persons hancilin~3 or responsible for
Association funds. The amount of the5~~ tx,nds and the sureties
shall he determined by the directors. •Phe pre,niums on the
bonds shall be paid by the Association.
7. PARLIAMENTARY RULES. Rot,erts' Rules of Order
(latest edztiun) shall govern the cc,nciuct of Association
meetings wt,en not in conflict with tt?r Declaration of Condo-
minium, Articles of Incorporation or these ey-laws.
8. AMENDMEN'PS. Except as el sewher~~ prov idNd otherwise,
these By-laws may be amended in tt~e followi??q manner: -
8. 1 . Not ice of the subject matter ,~f a t~rc,lx~sed amendment
shall be included in the nuti~e uE any m~•c•t.iny at which a
proposed amendment is considered.
8. 2. A resolution adopt i ny a prolx~:;ed amendment may be
proposed by either the board of directors uf~ the Association or
by the members of the Association. Directors and members not
present in person gar by proxy at the meeting considering the
amendment may express their at~prc~val in writing, providing that
approval is delivered to the Secretary at or prior to the
meeting. Except as elsewhere provided, the approvals must be
either by:
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