Duties

It shall be the duty of the Board of Directors to:

1. Cause to be kept a complete record of all of its acts and corporate affairs and to present a statement to the Members at the annual meeting of the Members or at any special meeting when such statement is requested in writing by one/fourth (1/4) of the Class A Members who are entitled to vote.
2. Supervise all officers, agents and employees of this Association, and to see that their duties are properly performed.
3. As more fully provided in the Declaration to:
   • Fix the amount of the annual assessment against each Lot, Parcel or Lessee at least thirty (30) days in advance of each annual assessment period.
   • Take such action, as and when the Board deems such action appropriate but after notice as provided in the Declaration, to foreclose the lien against any property for which assessments are not paid and/or to bring an action of law against the Member personally obligated to pay the same.
4. Issue, or to cause an appropriate officer to issue, upon demand by any person, a certificate setting forth whether or not any assessment has been paid, such certificates shall be conclusive evidence of such payment, as against any bona fide purchaser of, or lender on, the Lot, Parcel or Rental Apartment in question.
5. Procure and maintain adequate liability and hazard insurance on property owned by the Association.
6. Cause all officers or employees having fiscal responsibilities to be bonded, as it may deem appropriate.
7. Cause the maintenance responsibilities of the Association set forth in the Declaration to be performed.