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The directors may establish a schedule of regular
meetings to be held in the office of the corporation and
no notice shall be required to be sent to said directors
of said regular meetings once said schedule has been
adopted,
Section 8, Soecial meetings of. the Board of nirectors ~-
may be ca~~y the President on five (S) days' notice to
each director, given personally or bv mail~ telephone or
telegraph, which notice shall state the time, place (as
hereinabove provided) and purpose of the meeting. Specia?
meetings of the Board of Directors shall be called by the
President or Secretary in like manner and on like notice on
the written request of at least one-third (1/3) of all
Directors. Except in an emergency~ notice of special meetings
shall be likewise posted for Unit Owners 48 hours in advance
of the special meeting. ~
Section 9. Before or at any meeting ot the Board of.
Directors, said Directors may, in writing, waiVe notice
of said meeting and such waiver shall be deemed e~uivalent
to the giving of such notice. Attendance by a Director
at any meeting of the Board shall be a waiver of notice
by him of the time and place ther~of. If all the Directors
are present at anv meeting of the Board, no notice shall
be required and any business may be transacted at such meetin~.
In addition, a director may, by signin~ a copy of the minutes
o£ a meeting o~ th~ Board, consent to the actions taken at
said meeting and waive notice of said meetin~. '
Section 10. At all meetings of the Board of nirectors,
a majority ot the Board of Directors shall constitute a
quorum for transaction of business, and the acts of the
majority of the Directors present at a meeting at which a
quorum is present shall be the acts of the Board o~ I?irectors.
If, at any meeting of the Board of Directors, there b_y less
than a quorum present, the majority of those present mav
adjourn the meeting from time to time. At any such a~iourned
meeting, any business which might have been transacted at
the meeting as originally ~alled may be transacted without
further notice. The President of the Corporation shall be
a member of and act as Chairman of the Board'of Directors;
he shall be entitled to vote on all questions arising hefore
the Board of Directors.
Section 11. The Board of Directors shali have all
the powers vested in it under common law and pursuant to the
provisions of Chapter 617, Florida Statutes, and ~hapter 718,
Florida Statutes, together with any powers granted to it
pursuant to the terms of the Articles of Incorporation oE~
the corporation and the Condominium Documents, subject only
to the approval of the owners of the Condominiym Units that
may be required under these Bylaws, the Articles of Incor~ora~ion
and the Condominium Documents.
Such powers shall include but shall not be limited to
the following:
A. Manage and operate the Condominium and its interests.
B. Prepare and adopt a budget as herein provided.
C. Make and collect assessments from members f.or the
purpose of operating and maintaining the Condominium and
its interests or establishing reasonable reserves in resnect
of repair or replacement of the Condominium Propertv or in
respect of anticipated expenses by the Association whic~
are not anticipated to be incurred on a regular or annual
basis and in respect of betterment of the Condominium
Property. Assessments shall be made and collected as provided
in these Bylaws and in the Declaration of Condominium. ~
8~~349 PAGf 499