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s~xty percent (60%) of all the votes of each class of membership <br />shall constitute a quorum. If the required quorum is not <br />present, another meeting may be called subject to the same notice <br />requirement, and the required quo~am at the subsequent meeting <br />shall be one-half (1/2) of the required quorum at the preceding <br />meeting. NO such subsequent meeting shall be held more than 60 <br />days following the preceding meeting. <br /> <br /> Section~6.6 Uniform Rate of Assessment. Both annual and <br />special assessments shall be fixed at a uniform rate for all Lots <br />and may be collected on a monthly basis; provided, however, that <br />a Lot owned by Declarant shall be assessed at one-fourth the rate <br />assessed against Lots owned by others until the earlier of (i) <br />the issuance of an occupancy per-'mit for the House located on such <br />Lot by the ~appropriate municipality, (ii) the use of the House <br />located on such Lot by Declarant as a model cr as a residence or <br />(iii) the inspection and approval for occupancy for the House on <br />such Lo= by the ~A or VA. <br /> <br /> Section 6.7 Date of Commencement of ~nua! Assessments: ~ae <br /> <br />Dates. The annual assessments provided for herein shall commence <br />as to al! Lo:s on the first day cf the month ~c!~owin_~ the <br />conveyance cf the Common Driveways. i. ne first annual assessment <br /> <br /> "~c~'!.! be adjusted according to the number cf months remaining in <br /> <br /> c=~endar year. ?ne Board of Directors she!~ fix the ~ount <br />of the annual assessment period. Written notice of the annual <br />assessment she!~ be sent to eve~- ~'ner suWm~e~t thereto Ine due <br /> <br />dates shall bt_ es ..... s..e_ pv ~_._ =~rd~ c <br /> ~ -nd =~- reasonable cr~arge, <br /> <br /> <br />