HomeMy WebLinkAbout0862assessment from the delinquent owner in any manner
provided by the-Condominium Act, the Declarations
and these By-Laws. Each condominium parcel owner
shall be individually responsible for the payment
of reasonable attorneys' fees and costs incurred by
the Association in.the collection of sums due and
enforcement of any lien held by the Association.
(j) The Board of Directors may authorize the President
to enter into a management contract with third
parties to whom the power to levy and collect
assessments may be delegated.
(k) Al1 sums collected by the Association from
assessments may be commingled in a single fund or
divided into more than one fund, as determined by
the Board of Directors. All assessment payments by
a unit awner shall be applied as provided herein
and in the Declarations of Condominium.
(1) Any unit owner shall have the right to require from
the Association, a certificate showing the amount
of unpaid assessments against him with regard to
his condominium parcel.' The holder of a mortgage
or other lien shall have the same right as to any
condominium parcel upon which it has a lien. Any
person other than owner who relies upon such
certificate shall be protected thereby.
Section 9. Budget:
(a) The Board of Directors is empowered to propose and
adopt the budget for the Condominiums.
(b) Notice of the meeting and a copy of a proposed
annual budget of common expenses shall be mailed to
the unit owners not less than thirty (30) days
prior to the meeting of the Board of Directors at
which the budget will be considered. Such meeting
shall be open to the unit owners. If a budget is
adopted by the Board of Directors which requires
assessments against the unit owners in any fiscal
-- year exceeding 115 per cent of such assessments for
the preceding year, a special meeting of the unit
owners shall be held, if requested in writing by at
least ten per cent (10$) of the unit owners, to
consider and enact a revision of the budget, or
recall any and all members of the Board of
Directors and elect their successors. Such meeting
shall be held not less than ten (10) days after
written notice is given to each unit owner, but not
more than thirty (30) days after such meeting has
been requested in writing. The revision-of the
budget or the recall of any or all mer~bers of the
Board of Directors shall require a vote of not less
than two-thirds (2/3) of the voting members. The
Board of Directors may in any event propose a
budget to the unit owners at a members' meeting or
in writing, and if such proposed budget is approved
by the unit owners at a members' meeting or by a
majority of voting members in writing, such budget
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FEE. KOBLEGARD 8c TEEL. P. A.
AtTORNEYS AT LAW
POST OFFICE BOX 1000
FORT PI[RC[, FLORIDA 33480
T[~[~HOn[: (~061461-6020
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