ARTICLE IV - Association Powers and Limitations
 
Section 1: Powers:
The Eagle Point at American Lake Homeowners' Association may:
  1. Elect and empower a Board of Directors;

  2. Adopt and amend Bylaws, Covenants, Conditions and Restrictions, and other rules and regulations;

  3. Adopt and amend budgets for revenues, expenditures, and reserves, and impose and collect assessments for common expenses from owners;

  4. Hire and discharge or contract with managing agents and other employees, agents, and independent contractors;

  5. Institute, defend, or intervene in litigation or administrative proceedings in its own name on behalf of itself or two or more owners on matters affecting the homeowners' association, but not on behalf of owners involved in disputes that are not the responsibility of the Association;

  6. Make contracts and incur liabilities;

  7. Regulate the use, maintenance, repair, replacement, and modification of common areas;

  8. Cause additional improvements to be made as a part of the common areas;

  9. Acquire, hold, encumber, and convey in its own name any right, title, or interest to real or personal property;

  10. Grant easements, leases, licenses, and concessions through or over the common areas and petition for or consent to the vacation of streets and alleys;

  11. Impose and collect any payments, fees, or charges for the use, rental, or operation of the common areas;

  12. Impose and collect charges for late payment of assessments and, after notice and an opportunity to be heard by the Board of Directors or by the representative designated by the Board of Directors and in accordance with the procedures as provided in the Bylaws or rules and regulations adopted by the Board of Directors, levy reasonable fines and liens in accordance with a previously established schedule adopted by the Board of Directors and furnished to the owners for violation of the Bylaws, rules, and regulations of the Association;

  13. Exercise any other powers conferred by the Bylaws, Articles of Incorporation, or Covenants, Conditions and Restrictions;

  14. Exercise all other powers that may be exercised in the State of Washington by the same type of Association; and

  15. Exercise any other powers necessary and proper for the governance and operation of the Association.
Section 2: Limitations.
No provision shall be included in the Bylaws, Covenants, Conditions, and Restrictions, rules or regulations of the Association which forbids or directly or indirectly restricts the use, occupancy, conveyance, encumbrance, or lease of real property, including a right of entry or possibility of reverter, to individuals of a specified race, creed, color, sex, national origin, sexual orientation, families with children status, or with any sensory, mental, or physical disability or the use of a trained dog guide or service animal by a blind, deaf, or physically disabled person.