3A - Final Plat of Sentinel Office Park

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1. Authority. The operation and administration of the Association and the Property shall be governed by the Declaration filed with the Crow Wing County Recorder, Articles of Incorporation, these Bylaws, and the Act. The Association shall, subject to any rights reserved to the Members, be responsible for the management and control of the Property. The power and authority of the Association shall be vested in the Board, unless action or approval by the individual Members is specifically required by said documents or the Act. All references to the Association shall mean the Association acting through the Board, unless specifically stated to the contrary. 2. Binding_ Effect. All agreements and determinations made by the Association in accordance with the powers and voting rights established by the Articles of Incorporation, these Bylaws or the Act shall be binding upon all Members and occupants, and their guests, heirs, personal representatives, successors and assigns. 3. Delegation to Managers. The Board may delegate to a qualified, professional manager or managing agent part or all of the management duties imposed upon the Association's officers and directors by the Articles of Incorporation, the Bylaws, and the Act; provided, however, that such delegation shall not relieve the officers and directors of the ultimate authority and responsibility for the performance of their duties as prescribed by said documents and the Act. 4. Common Expense Assessments. Assessments for expenses of operating the Association (the"Common Expenses") shall be determined and levied as follows: a. The Board shall have exclusive authority to determine the Common Expenses and levy the Common Expenses against the memberships. The Board shall annually prepare a budget of Common Expenses, and give notice of the budget and assessments to the Members, at least 30 days prior to the commencement of the year for which the Common Expenses are levied. The Board may amend its Common Expense levy for the year in question at any time, or levy a special assessment, to cover any unforeseen expenses. b. Common Expense assessments shall be allocated and levied equally among the memberships. C. Common Expense funds shall be used in a manner consistent with the purposes of the Association as set forth in its governing documents and for the payment of all costs incurred by the Association in furtherance of its purposes. d. The Members owning the membership shall be jointly and severally liable to pay the Common Expense assessments with respect to their membership. 9