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Westbury Square Townhome Bylaws

 
 
 
 
 

  Section 5.5  Election and Term of Office:  At the first meeting of the Association, the initial term of office of the Directors shall be as follows:

Two (2) Direcctors - (3) year terms

Two (2) Direcctors - (2) year terms

Two (1) Direcctors - (1) year term

7.4 President.  The President shall be the chief executive officer of the Association. He shall preside at all meetings of the Association and of the Board of Directors. He shall have all of the general powers and duties which are usually vested in the office president of an association, including, but not limited to, the power to appoint committees from among the owners from time to time as he may in his discretion decide is appropriate to assist in the conduct of the affairs of the Association or as may be established by the Board or by the members of the Assocition at any regular or special meetings.

7.6 Secretary.   The Secretary shall keep all the minutes of the meetings of the Board of Directors and the minutes of all meetings of the Association, he shall have charge of such books and papers as the Board of Directors may direct; and he shall, in general, perform all the duties incident to the office of Secretary as is provided in the Condominium Documents.

The Secretary shall compile and keep up to date at the principal office of the Association a complete list of members and their last known addresses as shown on the records of the Association. Such list shall also show opposite each member's name the number of other appropriate designation of the unit owned by such member, the  undivided interest in the general common elements and a description of the limited common elements assigned for exclusive use in connection with such condominium unit. Such list shall be open to inspection by members and other persons lawfully entitled to inspect the same at reasonable times during regular hours.

7.8 Treasurer. The Treasurer shall have responsibility for Association funds and shall be responsible for keeping full and accurate accounts of all receipts and disbursments in books belonging to the Association. He shall be responsible for the deposit of all monies and other valuable effects in the name, and to the credit, of the Association in such depositories as may from time to time be designated by the Board of Directors. In the event a Managing Agent has responsibility of collecting and disbursing funds, the Treasurer shall review the accounts of the Managing Agent withing fifteen (15) days after the first day of each month.

4.4 Special Meetings.  It shall be the duty of the President to call a special meeting of the Association as directed by resolution of the Board of Managers or upon petition signed by at least one-third (1/3) of the members thereof. No business except as stated in the notice shall be transacted at a special meeting unless by consent of two-thirds (2/3) of the members, either present, in person or by proxy. Any such meetings shall be held within thirty (30) days after receipt by the appropriate officers of such resolution or petition.

4.5 Notice of Meetings. It shall be the duty of the Secretary or Assistanc Secretary of the Association to mail a notice of each annual or special meeting, stating purpose thereof as well as time and place it is to be held, to each member of record, at least thirty (30) days prior to such meeting. The mailings of a notice in the manner provided in this paragraph shall be considered notice served.

5.9 Regular Meetings.  Regular meetings of the Board of Directors may be held at such time and place as shall be determined, from time to time, by a majority of the Directors, but at least one such meeting shall be held during each calendar quarter. Notice of regular meetings of the Board of Directors shall be given to each Director, personally, or by mail, telephone or telegraph, at lease three (3) days prior to the day named for such meeting.

5.10 Special Meetings. Special meetings of the Board of Directors may be called by the President on three (3) days notice to each Director, given personally, or by mail, telephone, or telegraph, which notice shall state the time, place (as hereinabove provided) and purpose of the meeting. Special meetings of the Board of Directors shall be called by the President or Secretary or Assistant Secretary of the Association in like manner and on like notice on the written request of one (1) or more Director(s).

 

 

 

 

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