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

Comp #: 717 Exterior Doors & Windows - Replace

Quantity: Allowance

Location: Building Exteriors Funded?: Yes. History: 1986

Comments: Approximately (24) windows, (5) glass doors, (1) metal door. All windows and doors are assumed to have been compliant with applicable building codes at time of installation. Inspect regularly for leaks and cracks around frame and repair as needed. Clean tracks and ensure hardware is functional to prevent accidental damage during opening/closing. With ordinary care and maintenance, useful life is typically long but often difficult to predict. Many factors affect useful life including quality of window currently installed, waterproofing details, exposure to wind and rain, etc. Individual windows and doors should be replaced as an Operating expense if damaged or broken. Plan for comprehensive replacement of all areas (unless otherwise noted) at the approximate interval shown here. Costs are based on replacement with good quality, impact-resistant models.

Useful Life: 40 years

Remaining Life: 5 years

Best Case: $ 15,000

Worst Case: $ 25,000

Cost Source: Allowance Estimate

Comp #: 902 Furniture - Replace

Quantity: Assorted Pieces

Location: Lobby and Offices Funded?: Yes. History: Unknown Comments: The useful heavily depends on the level of usage. For now, plan to replace on the schedule below. This component is subjective and can be adjusted at the association's discretion.

Useful Life: 15 years

Remaining Life: 1 years

Best Case: $ 12,000

Worst Case: $ 18,000

Cost Source: Allowance Estimate

Association Reserves, #6510-0

150

7/29/2022

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