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

Comp #: 902 Furniture - Replace (Library)

Quantity: ~(22) Assorted Pieces

Location: Library Funded?: Yes. History: Unknown Comments: Approximately (14) chairs, (4) tables, (2) cabinets, (2) Ceiling fans, etc. The useful heavily depends on the level of usage. For now, plan to replace on the schedule below.

Useful Life: 15 years

Remaining Life: 4 years

Best Case: $ 15,000

Worst Case: $ 20,000

Cost Source: Allowance Estimate

Comp #: 902 Main Tables/Chairs - Replace

Quantity: ~(443) Assorted Pieces

Location: Common area Funded?: Yes. History: Unknown

Comments: Approximately (315) folding chairs, (75) stackable chairs, (18) round tables, (35) rectangle tables. This also includes funding for the replacement of various carts used to store and move the furniture pieces. The useful heavily depends on the level of usage. For now, plan to replace on the schedule below.

Useful Life: 15 years

Remaining Life: 2 years

Best Case: $ 50,000

Worst Case: $ 90,000

Cost Source: Allowance Estimate

Association Reserves, #6510-0

170

7/29/2022

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