Comp #: 916 Gatehouse - Refurbish
Quantity: (1) Total
Location: Entrance Funded?: Yes. History: Unknown
Comments: This component represents an allowance for maintaining the guardhouse. Guardhouse should be inspected, cleaned and small maintenance projects made as an Operating expense. Typical Reserve-funded projects may include: exterior painting, roof repairs/replacement, new windows and doors, lighting, signage, air conditioning, plumbing or electrical repairs, etc. For smaller guardhouses, any single project may not individually meet the threshold for Reserve funding, but combinations of projects done together may become significant. Guardhouses have significant aesthetic value in terms of curb appeal and first impressions and should be maintained to a high standard.
Useful Life: 15 years
Remaining Life: 2 years
Best Case: $ 30,000
Worst Case: $ 40,000
Cost Source: Allowance Estimate
Comp #: 1001 Backflow Devices - Replace
Quantity: Allowance
Location: Common areas Funded?: No. Make repairs and replacements as needed as an operating expense. History: Unknown
Comments: Overtime the device will deteriorate and need replacement. Often times, these will need repair that can be done with operating expenses. If reserve funds are needed for large-scale replacements, include funding through this component.
Useful Life:
Remaining Life:
Best Case:
Worst Case:
Cost Source:
Association Reserves, #6510-0
130
7/29/2022
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