3 Final 2022-23 ReserveStudy-07-29-2022 reduced-compressed

Comp #: 703 Entry Access System - Replace

Quantity: (1) System

Location: Entry Funded?: Yes. History: Unknown

Comments: This component provides an allowance for various pieces of the access system. This includes, but is not limited to, card readers, scanners, computers, printers, etc. Individual components can often be replaced for relatively low cost as an Operating expense. Plan for complete replacement at the approximate interval shown here for functional and aesthetic considerations.

Useful Life: 8 years

Remaining Life: 2 years

Best Case: $ 15,000

Worst Case: $ 25,000

Cost Source: Allowance Estimate

Comp #: 706 Barrier Arm Operators - Replace

Quantity: (3) Operators

Location: Entry/Exit Funded?: Yes. History: Manufactured date: 2016

Comments: Funding recommendation is primarily for the motor/mechanical unit, not the arm itself, which is generally replaced as an Operating/maintenance expense as needed. Life expectancy can vary based on level of use, exposure to the elements, level of preventive maintenance, etc. Should be inspected and repaired as needed by servicing vendor to attain full life expectancy.

Useful Life: 8 years

Remaining Life: 2 years

Best Case: $ 14,000

Worst Case: $ 18,000

Cost Source: Allowance Estimate

Association Reserves, #6510-0

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7/29/2022

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