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its judgment and determination as to whether the supply of water and the capacity of the system is adequate to serve said applicant in addition to supplying the needs of the existing members of said Association. Said Board shall have authority to impose conditions upon which an application may be granted. i Section 4. The rights, privileges and obligations of all members in this Association shall be equal, except as provided in Section 5 of Article N and in Section 4 of Article VIII of these By-Laws. All members shall pay an equal minimum monthly rate for such water. Rates shall be fixed by Resolution of the Board of Directors and filed with the Secretary of the Association. ARTICLE N Membership Meetings Section I. Annual Meetings: Annual meetings of the members for the election of Directors and for other business which may properly come before the meeting shall be held at the Town Hall or such other place as the Board may designate in the Town of Cedaredge, County of Delta, State of Colorado, on the second Tuesday in December of each year. Public notice of the time and place ofsaid meeting shall be given by the Secretary by publication in a newspaper having general circulation in Delta County, Colorado. Such notice to be published at least once, not more than thirty (30) days nor less than ten_ (1 0) day.s prior to the date fixed for said meeting and by giving at least ten (10) days, but not more than thirty (30) days written or printed notice stating the time and place of such meeting by depositing a copy of such notice in the United States mail, addressed to each member at his address, as the same may appear on the records of the Association, or by delivering such notice personally to each member. Members shall be permitted to waive such notice and a waiver in writing signed by the person or persons entitled to such notice, whether before, at or after the time stated therein, shall be deemed equivalent to such notice. Section 2. Special Meetings: Special meetings of the members may be called at any time by the President, or by a majority of the Directors. The President, or in his absence, the Vice-President, shall call a special meeting upon the written petition often (10) of the members of the Association. Notice of special meetings shall specify the business to be transacted thereat and shall be given as in Section 1 of this Article provided. Section 3. Quorum: One-fifth of the total membership of this Association present either in person or by proxy shall constitute a quorum for the transaction of business at any annual or special membership meeting. If such a quorum is not present, the meeting may be adjourned from time to time by a majority of those present, provided that such meeting may not be adjourned for a period to exceed sixty (60) days for anyone adjournment. Section 4. Order of Business: All membership meetings of the Association shall be governed by Robert's Rules of Order. The order of business at all membership meetings shall include as far as possible: I. Roll call 2. Proof of due notice and determination of quorum 3. Reading and disposal of any unapproved minutes Br-LalVS Page 2 of 7