Term; Officers; Directors

Original scanned pdf file

ARTICLE III DEVELOPER

(text omitted since ownership has been transferred)

ARTICLE IV. TERM

The term for which this Corporation shall exist shall be perpetual unless terminated by another provision of the Declaration of Condominium or Station Square Condominium Association.

ARTICLE V. INCORPORATOR

(see original document)

ARTICLE VI. OFFICERS

The officers of the Corporation shall be a President, one or more Vice Presidents, Secretary and Treasurer and such other officers as the Board of Directors may from time to time determine. The officers of this Corporation shall be elected for a term of one year, and until a successor shall be elected and qualified, by the Board of Directors at their annual meeting and in accordance with the provisions provided therefore in the By‐ Laws of the Corporation. Until transfer of the control of the Corporation to the Unit Owners other than the Developer has been accomplished, the officers need not be directors or members.

ARTICLE VII DIRECTORS.

The affairs of the Corporation shall be managed by a Board of Directors composed of not less than three (3) nor more than seven (7) directors. Until control of the Corporation is transferred to Unit Owners other than the Developer, the Developer shall be entitled to designate non‐member directors to the extent permitted by the Florida Condominium Act. Except for non‐member directors appointed by the Developer, all directors shall be elected at the annual membership meeting of the Corporation. Notwithstanding anything contained in the Declaration of Condominium, Prospectus, By‐ Laws or any other documents related to Station Square Condominiums after the sale of the forty‐three (43) Parking Units to the Community Redevelopment Agency of the City of Clearwater, Florida or to the City of Clearwater, Florida (collectively, the “City”), the City shall be entitled to elect one (1) Director.