Fatal error: Allowed memory size

Hello Support,
It seems there are still some bugs with the latest release. I received the following error when I attempted to do some simple Theme Changes via the Enfold Admin – like adding a Favicon image.

Saving didnt work!
The script returned the following error:

Fatal error: Allowed memory size of 67108864 bytes exhausted (tried to allocate 491520 bytes) in /users/ssllc.com/htdocs/wp-content/themes/enfold/css/dynamic-css.php on line 437

The following is my hit list of events:

• The error above occured after updating to V. 3.4.1
• I noticed the media library was loading very slowly – in fact, it didn’t load at all
• i deleted the Enfold directory (V. 3.4.1) and uploaded a directory I could grab from an install that wasn’t updated yet (V. 3.3.2)
• The error isn’t occuring
• able to change general layout settings, upload new favicon image, media library shows content easily

Is any of the above helpful? Because settings, updates etc. are working fine with V. 3.3.2 – I’m thinking the issue is with the theme update and not the server settings.
Standing by,
Greg