A. Any motion or resolution creating, changing or amending rules and regulations of this Association shall be considered and approved by an affirmative vote by a majority of the Board Members voting at two (2) meetings of this Board before final passage and adoption.
B. Purchases by the Association in excess of five thousand dollars ($5,000) shall be posted on the Association bulletin board for ten (10) days prior to the date of the proposed purchase to invite competitive bids on same. (Amended 4-4-11)
C. If possible, three bidders shall be asked to submit quotations for any services or purchases in excess of five thousand dollars ($5,000). (Amended 4-4-11)
D. The President of Flat Top Lake Association is authorized by the Board to hire an attorney at his discretion to pursue injunctive relief or other appropriate legal action in the event that a property owner violates the Flat Top Lake Association Bylaws or the Flat Top Lake Rules and Regulations.