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

Comp #: 1306 Flat Roof - Replace (Fitness)

Quantity: Approx 2,800 GSF

Location: Roof Funded?: Yes. History: Unknown Comments: Plan for periodic replacement on roughly the schedule below. Continue to monitor and adjust as needed in future Reserve Study updates.

Useful Life: 20 years

Remaining Life: 5 years

Best Case: $ 16,800

Worst Case: $ 22,400

Cost Source: Allowance Estimate

Comp #: 1306 Flat Roof-Recoat/Repair (Clubhouse)

Quantity: Approx 6,500 GSF

Location: Roof Funded?: Yes. History: 2018: $19,000

Comments: At this time, we are recommending funding for re-coating on recurring cycles, but there is no recommendation for complete replacement due an unpredictably long useful life expectancy. We strongly recommend that the Association review any applicable warranties to ensure strict compliance with any requirements for inspection, re-coating, etc.

Useful Life: 10 years

Remaining Life: 5 years

Best Case: $ 25,000

Worst Case: $ 35,000

Cost Source: Allowance Estimate

Association Reserves, #6510-0

196

7/29/2022

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