Comp #: 803 Landscape Lights - Replace Location: Throughout the common area Funded?: Yes. History: Ongoing replacements as needed.
Quantity: Allowance
Comments: Landscape lights should be inspected periodically to ensure proper function and adequate lighting in all areas. We recommend consideration of LED fixtures or other energy-saving options whenever possible. There is no expectation to replace all landscape fixture at once. We are budgeting for ongioing replacements. Cost estimate was confirmed by the client. Continue to monitor and adjust as needed in future Reserve Study updates.
Useful Life: 1 years
Remaining Life: 0 years
Best Case: $ 4,000
Worst Case: $ 6,000
Cost Source: Estimate Provided by Client
Comp #: 804 Concrete Bollard Lights - Replace Location: Along golf course on Sunrise Circle Funded?: Yes. History: Unknown
Quantity: (7) Fixtures
Comments: Inspected during daylight hours; assumed to be in functional operating condition. As routine maintenance, inspect, repair/change bulbs as needed. Best to plan for large scale replacement at roughly the time frame below for cost efficiency and consistent quality/appearance throughout association. Replacement costs can vary greatly; estimates shown here are based on replacement with a comparable size and design, unless otherwise noted.
Useful Life: 20 years
Remaining Life: 6 years
Best Case: $ 7,000
Worst Case: $ 14,000
Cost Source: ARI Cost Database
Association Reserves, #6510-0
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7/29/2022
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