(A) The association by-laws shall include, without limitation, the following information:
(1) Legal right of the association to control the administration, maintenance and repair of common elements; and to levy common charges upon such owners to replace or alter portions of the condominium project;
(2) Manner of election of the governing groups and details relating to their number, terms, powers and duties, removal and the quorum required for meetings;
(3) Provisions for meetings of owners of condominium interests, including the notices required for such meetings, and the rights and powers of such owners;
(4) Percentages of votes required by the owners or the association for all actions;
(5) Details concerning the operations and management of the condominium by the association;
(6) Statement on the method and timing of transfer of control over the condominium project to the association, the association's relationship with the developer, and the nature and extent of any interest retained by the developer;
(7) Manner of collecting from the apartment owners their share of the common expenses;
(8) Designation and removal of personnel necessary for the maintenance, repair and replacement of the common areas and facilities;
(9) Method of adopting and of amending administrative rules and regulations governing the details of the operation and use of the common areas and facilities; and
(10) Such restrictions on and requirements respecting the use and maintenance of the apartments and the use of the common areas and facilities as are designed to prevent unreasonable interference with the use of their respective apartments and of the common areas and facilities by the several apartment owners.
(B) Notwithstanding anything to the contrary in this chapter, the requirements for association by-laws in this section shall be the minimum requirements for any condominium project in the village.
(Ord. 7-56, passed 8-15-07)