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<br />(, <br /> <br />annually, and/or oftener if so requested by the Board of Directors or the President, and he shall do and <br />perform such other duties and functions as may be required of him by the Board of Directors or the <br />President. The Secretary- Treasurer shall be covered in the performance of his duties by a surety bond in an <br />amount to be determined by the Board Directors. The premium for such bond shall be paid by the <br />Association. <br /> <br />Section 4. Appointment and Duties of Superintendent: The Board of Directors may appoint in <br />addition to the officers above named a Superintendent of the domestic water system, who will be in charge <br />of the work of construction, maintenance, and repair ofthe system ofthe Association and of the distribution <br />of water. He shall make to the Board of Directors a monthly report showing the condition of the system and <br />the amount and character of work done during the previous month. He shall certify to the Secretary- <br />Treasurer monthly the time spent by himself and by each laborer in performing work in behalf of the <br />Association. The compensation to be paid for the performance of duties of the Superintendent and any <br />laborers, or any assistants he may hire shall be in an amount to be determined by the Board of Directors. <br /> <br />ARTICLE VII <br />Assessments and Charges <br /> <br />Section 1. Water Charges: The Board of Directors shall establish a rate of charge for water <br />flowing through the meters which are to be installed on each service line connected with the Association's <br />system. Such charges shall be in accordance with the amount registered by such meters. The rate shall <br />provide for the minimum monthly charge, The Board of Directors shall be guided in establishing the rate <br />of water charges by the estimated amount necessary to pay the costs of operation, maintenance, repair, <br />rehabilitation and construction of the system and payments of principal and interest of any indebtedness of <br />the Association which may have been contracted in connection with the Association's operation, Water <br />charges on water sold through meters shall become due and payable quarterly or monthly at the option of <br />the Board of Directors and shall become delinquent ifnot paid within ten days from date statement of the <br />same is mailed by the Secretary and ifnot paid within thirty days from the date said statement is mailed by <br />the Secretary, the tap of said water user shall thereupon be shut offby the Company or its authorized agents. <br /> <br />Section 2. Membership Assessments: In the event the revenues of the Association are <br />insufficient at any time to pay current costs of operation and maintenance and debt retirement payments and <br />are resulting in a deficit so as to jeopardize debt retirement payments, or in cases of financial emergency <br />requiring the levying of a special assessment, it shall be the duty of the Board to call a special meeting of <br />the members to consider the question oflevying such special assessment as may be required to make up the <br />deficit or to meet the emergency, and in the event there are insufficient members present to constitute a <br />quorum, or the members fail to levy an adequate assessment to take care of such deficit or emergency, then <br />it shall be the duty of the Board Directors to proceed to make such levy and collect the same for purposes <br />required. <br /> <br />Section 3. Enforcement of Payments of Water Char~es and Assessments: The Board of <br />Directors is authorized .and directed to refuse to deliver water to any member who is delinquent in the <br /> <br />By-Laws Page 5 of 7 <br />