related thereto, provided that any such special assessment shall have the assent of two-thirds (⅔) of the votes of the members who are voting in person or by proxy at a membership meeting duly called for this purpose, and provided further that no special assessments shall be levied before the 1996 calendar year. The approval of such special assessment by the membership shall be obtained at a meeting of the Association in accordance with Section 6 of this Article. Such special assessment may be payable in periodic payments on such date or dates as may be established by the Board of Directors.

Section 6.   Notice and Quorum for any Action Authorized Under Sections 4 and 5.

Written notice of any meeting called for the purpose of taking any action authorized under Sections 4 or 5 of this Article shall be sent to all members not less than 10 days nor more than 50 days in advance of the meeting. At the first such meeting called, the presence of members or of proxies entitled to cast forty percent (40%) of all the votes of each class of membership shall constitute a quorum. If the required quorum is not present, another meeting may be called subject to the same notice requirement, and the required quorum at the subsequent meeting shall be one-half (½) of the required quorum at the preceding meeting. No such subsequent meeting shall be held more than 60 days following the preceding meeting.

Section 7.   Rate of Assessment.

Both annual and special assessments may be fixed by the Board of Directors, in its discretion, at (i) a uniform or same rate for all Lots, or (ii) a two tier rate system distinguishing between those Lots with residential dwellings (Improved Lots) and those Lots not yet built upon (Vacant Lots), or (iii) a blended rate which reflects costs and expenses that all Owners should pay (including, but not limited to, liability and property insurance, Common Area maintenance, capital improvements, etc.), and costs and expenses that only some Owners residing on the Properties benefit from (including, but not limited to, trash pick-up and removal, snow plowing, etc.) or (iv) some policy determined by the Board of