Tulip Meadows Condominiums Association is a corporation composed of the 32 unit owners. The Prospectus and By-Laws were State approved on July 17th 1996. The Association, through its elected representatives to the Board of Directors is responsible for the management and maintenance of the common elements, including all of the systems that serve the complex. The Board is responsible for overseeing daily business, recommending and hiring a management company and determining maintenance fees.
THE ASSOCIATION AND THE BOARD OF DIRECTORS
The ownership of Tulip Meadows was officially transferred from Jack Green Developers, Inc., the developers, to the Tulip Meadow’s Condominium Association in 1997 when, as required by law, 32 units were sold.
There is a yearly election for three year terms as provided in the By-Laws.
The Association elects members to the Board of Directors from a slate proposed by a nominating committee. The Board elects its own officers: president, vice-president, treasurer and secretary for a one-year term.
The Association meets annually to approve the budget. The exact date may vary based on availability of the local meeting space. If needed a special meeting may be planned.
The Board of Directors holds work sessions on the second Tuesday evening of each month at Patrician Associates in Nutley NJ. Unit owners are encouraged to give suggestions to the Board members for consideration.