BYLAWS:
(6) Authority of the Board of Directors (cont.):
Such non-dedicated roads shall be for the use in common with others. The Association is hereby granted the powre and authority to dedicate or transfer all or any of the non-dedicated streets to any public agency or authority for such purposes and subject to such conditions as may be agreed upon by the members of the association.
(B) Maintenance of Water and Sewer Systems and Common Areas (Pool, Park, Landing Field, etc.)
(C) A Policy or policies, payable to the board, in trust, insuring the board and each owner against liability to the public or to the other owners, their invitees and tenants, incident to the ownership and/or use of the common areas and equipment, the liability under which insurance shall not be less than one hundred thousand dollars ($100,000.00) for any one person injured, three hundred thousand ($300,000.00) for any one accident, and fifty thousand ($50,000.00) for property damage (such limits to be reviewed at least annually and increased at its discretion).
(D) The services of a person or firm to manage the roads, common areas, water and sewer systems (herein called "Manager"), to the extent deemed advisable by the board, as well as such other personell as the board shall determine to be necessary or proper for the operation of said roads, common areas, water and sewer systems whether such personnel are employed directly by the board or are furnished by the manager.
(E) Legal and Accounting Services necessary or proper in the operation of the common areas or the enforcement of the restrictions.
(F) Any other material, supplies, equipment, labor, services, maintenance, repairs, structural alterations, insurance, licenses, taxes, assessments or other expenses which the board is required or permitted to secure or pay for pursuant to the terms of this instrument or by law or which in its opinion shall be necessary or proprer for the operation of the common areas and equipment or in order to carry out or enforce the terms of this instrument.
The Board may also pay the amount necessary to discharge any lien or encumbrance including all taxes and special assessments, levied against the project or any part thereof, which may in the opinion of the board, constitute a lien against the roads, common areas, or water or sewer systems rather than merely against the interest therein of particular owners; provided that if one or more owners are responsible for the existence of such lien, such owner or owners shall be jointly and severally liable for the cost of discharging such lien.
The Board may purchase any lot sold upon the exercise of a lien to secure assessments, as provided in paragraph 8 hereof. Any lot or leasehold interest therein so acquired may be held in the name of the board, as the same shall be constituted from time to time, or any nominee of the board, and may be maintained, improved, sold, leased or subleased by the board.
The Board shall have the power to enter upon any lot when necessary in connection with the maintenance or construction of the common roads or water or sewer system for which the board is responsible.
Suggested Changes
Remove the word 'board' replace with 'association'.
