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73 <br /> Declaration is also available. <br /> ARTICLE V <br /> OFFICERS AND THEIR DUTIES <br /> Section 1: The officers of this Association shall be a president, vice-president, and <br /> secretary/treasurer. The officers shall be appointed by the Executive Board. An <br /> Executive Board member can also be an officer and an Executive Board Member <br /> may hold more than one office (eg. president and treasurer). <br /> (a) The president shall preside at all meetings of the Executive Board; see that <br /> orders and resolutions of the Executive Board are carried out; sign all leases, <br /> mortgages, deeds and other written instruments and may co-sign all checks and <br /> promissory notes. <br /> (b) The vice-president shall act in the place of the president in the event of his <br /> absence, inability or refusal to act, and shall exercise and discharge such other <br /> duties as may be required of him by the Executive Board. <br /> (c) The secretary shall record the votes and keep the minutes of all meetings <br /> and proceedings of the Executive Board and of the members; serve notice of <br /> meetings of the Executive Board and of the members; keep appropriate current <br /> records showing the members of the Association together with their addresses; <br /> prepare, execute, certify, and record amendments to the Declaration on behalf of <br /> the Association; and perform such other duties as required by the Executive <br /> Board. <br /> (d) The treasurer shall have authority to disburse such funds related to the <br /> affairs of the Association as directed by the Executive Board; may sign all <br /> checks and promissory notes of the Association; keep proper books of account; <br /> cause an annual audit of the Association books to be made by a certified public <br /> accountant or other person suitable to the Executive Board at the completion of <br /> each fiscal year; and prepare an annual budget and a statement of income and <br /> expenditures to be presented to the membership at its annual meeting, and <br /> deliver a copy to each member. In the event a property manager is employed by <br /> the Association, the Treasurer can assign duties to the property manager. <br /> 31 <br />