River Run Homeowners Association

Section 5.3 Maximum Regular Yearly Assessments.

Understanding

Section 5.3 Maximum Regular Yearly Assessments.
(a) The Maximum Regular Yearly Assessment on any Lot shall be $120.00 per Lot per Year.
(b) The Regular Yearly Assessment may be increased each calendar year not more than 10% above the Regular Yearly Assessment for the previous year.
(c) The Regular Yearly Assessment may be increased each calendar year by more than 10% above the Regular Yearly Assessment for the previous year, with the approval of two thirds (2/3) of those members who cast votes in person or by proxy at a meeting duly called for this purpose.
(d) The Board of Directors from time to time may fix the Regular Yearly Assessment, without any vote of the membership, at any amount NOT in excess of the maximum.

Section 10.3 Amendment.
No one can change the method of determining the obligations, assessments, dues or other charges that may be levied per the terms hereof, without the prior written approval of two thirds (2/3) of the members.

Is there anybody in River Run that don't understand what Section 5.3 and Section 10.3 says?