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

Comp #: 1801 Dog Run - Refurbish

Quantity: Allowance

Location: Adjacent to maintenance yard Funded?: Yes. History: ~2019 Comments: Funding has been provided to replace the artificial grass, fencing, fixtures, etc. Continue to monitor and adjust as needed in future Reserve Study updates.

Useful Life: 10 years

Remaining Life: 7 years

Best Case: $ 15,000

Worst Case: $ 25,000

Cost Source: Allowance Estimate

Comp #: 1808 Trees - Remove/Replace Location: Throughout common area Funded?: Yes. History: Ongoing

Quantity: Numerous Trees

Comments: The association has historically replaced trees as a reserve expense. Continue to monitor and adjust as needed in future Reserve Study updates. This component may be utilized for larger tree removal/trimming projects. If the community has not already done so, consult with a qualified arborist or other landscaping professional for a long term plan for the care and management of the trees within the community, balancing aesthetics with protection of Association assets. Reserve funding recommend at level indicated below for periodic, larger tree removal/trimming needs. Track actual expenses and adjust in reserve study updates if needed.

Useful Life: 1 years

Remaining Life: 0 years

Best Case: $ 20,000

Worst Case: $ 30,000

Cost Source: Estimate Provided by Client

Association Reserves, #6510-0

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7/29/2022

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