By-Laws

Section 22

Powers and Duties of the Board of Directors

All of the powers and duties of the Association shall be exercised by the Board of Directors, including those existing under the common law and statutes, the Articles of Incorporation of the Association, the Declaration and all other documents establishing the Condominium Project. Such powers and duties of the Directors shall be exercised in accordance with the provisions of the Declaration, which govern the use of the land and shall include but shall not be limited to the following:

     (a) To make and collect assessments against members to defray the costs to the Association of the condominium Project.

     (b) To use the proceeds of assessments in the exercise of its powers and duties.

     (c) To maintain, repair, replace, improve and operate the Condominium Project.

     (d) To reconstruct the improvements after casualty and to further improve the Property.

     (e) To make and amend regulations respecting the use of the Property in the Condominium Project.

     (f) To enforce by legal means the provisions of the Condominium documents, the Articles of Incorporation, these By-Laws of the Association, and the regulations as set forth in the Declaration for the use of the Property in the Condominium Project.

     (g) To contract for management of the Condominium Project and to delegate to such contractor all powers and duties of the Association except such as are specifically required by the Condominium documents to have approval of the Board of Directors or the membership of the Association.

     (h) To pay taxes and assessments which are liens against any part of the Condominium Project which are owned by the Association other than individual Condominium and the appurtenances thereto, and to assess the same against the Condominium subject to such liens.

     (i) To carry insurance for the protection of the Association and its members against casualty and liabilities.

     (j) To pay the cost of all power, heat, sewer and other utility services rendered to the Condominium Project and not billed to owners of individual Condominiums.

     (k) To employ and compensate personnel to perform the services required for proper administration of the purposes of the Association.

     (l) To generally manage the affairs of the Association.