Reso 2016-2552 - Laserfiche WebLink

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assessments, promulgation of rules, and execution of contracts on behalf of the Association. (7) To enforce by legal means the provisions of the Articles of Incorporation and By-Laws of the Association, the Declaration of Condominium and any regulations hereinafter promulgated governing use of the property in the Condominium. (8) To pay all assessments and taxes which are liens against any part of the Condominium other than Units and the appurtenances thereto, and to assess the same against the Members and their respective Units subject to such liens. (9) To carry insurance for the protection of the Members and the Association against casualty and liability. (a) The Association shall use its best efforts to obtain and maintain adequate insurance to protect the Association property, the Common Elements, and the Condominium Property required to be insured by the Association pursuant to paragraph (b). The Association shall use its best efforts to obtain and maintain liability insurance. for Directors and Officers at a reasonable cost, insurance for the benefit of Association employees, and flood insurance for common elements, Association property, and Units. An association or group of associations may self-insure against claims against the Association, the Association property, and the Condominium Property required to be insured by an association, upon compliance with Florida Statute Sections 624.460-624.488. A copy of each policy of insurance in effect shall be made available for inspection by Owners at reasonable times. (b) All hazard policies issued to protect Condominium buildings shall provide that the word "building" wherever used in the policy shall include, but shall not necessarily be limited to, fixtures, installation or additions comprising that part of the building within the unfinished interior surfaces of the perimeter walls, floors and ceiling of the individual Units initially installed or replacements thereof, or like kind or quality in accordance with the original plans and specifications or as existed at the time the Unit was initially conveyed if the original plans and specifications are not available. However, the word "building" shall not include Unit floor coverings, wall coverings or ceiling coverings, and does not include the following equipment if it is located within a Unit and the Owner is required to repair or replace such equipment; electrical fixtures, appliances, air conditioner or heating equipment, water heaters, or built-in cabinets. With respect to the coverage provided for by this paragraph, the Owners shall be considered additional insureds under the policy. (10) To pay all costs of power, water, sewer and other utility services rendered to the Condominium and not billed to the Owners of the separate Units. (11) To employ personnel to perform the services required for proper administration of the Association. 8