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

La Palma: Pool & Spa

Comp #: 411 Drinking Fountains - Replace

Quantity: (2) Fountains

Location: Common area Funded?: No. Replacement cost falls below the minimum threshold, replace as needed as an operating expense or through the

contingency fund. History: Unknown Comments: Plan to replace on the schedule below.

Useful Life:

Remaining Life:

Best Case:

Worst Case:

Cost Source:

Comp #: 413 Patio Heaters - Replace

Quantity: (5) Total

Location: Patio areas Funded?: Yes. History: Unknown

Comments: Cost to replace individual pieces may not meet threshold for Reserve funding. We recommend planning for regular intervals of complete replacement at the time frame indicated below, to maintain a good, consistent appearance in the common areas. Costs shown are based on replacement with comparable types unless otherwise noted.

Useful Life: 5 years

Remaining Life: 2 years

Best Case: $ 3,000

Worst Case: $ 5,000

Cost Source: Allowance Estimate

Association Reserves, #6510-0

197

7/29/2022

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