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all payrolls and other ordinary expenses of the Association, <br /> subject to the approval of the Project Superintendent. <br /> All bills against this Association shall be filed with the <br /> Treasurer who is authorized to pay from funds of the Association <br /> in his possession all ordinary expenses of the Association and such <br /> other items of expense as may be from time to time authorized or <br /> allowed by the Board of Directors. <br /> Section 13. Bonds of officers and employees. <br /> The Board of Directors shall have the power to require any <br /> officer or employee to give any and all bonds for the protection <br /> of the Association as it may deem necessary or desirable, provided <br /> that no member of the Board of Directors or any officer of the <br /> Association shall be accepted on the bond of any officer or <br /> employee of the Association. <br /> ARTICLE IV <br /> Revenues. <br /> Section 1. Raising of revenues. <br /> The Board of Directors for the purpose of raising revenues to <br /> meet any and all obligations of the Association is empowered to and <br /> shall make all necessary levies or assessments against shares of <br /> stock of the Association and/or establish charges for water and <br /> other services all to the end that there may be sufficient funds <br /> available to promptly meet when due any and all obligations of the <br /> Association as aforesaid. <br /> Section 2. Payment of assessments and service charges. <br /> Any order or resolution levying any such assessments or <br /> 9 <br /> 63 <br />