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

La Palma: Tennis

Comp #: 404 Outdoor Furniture - Replace

Quantity: (24) Assorted Pieces

Location: Courtside Patio Funded?: Yes. History: 2020

Comments: (4) Tables, (16) Chairs, (4) umbrellas. Inspect regularly, clean for appearance and repair as needed from general Operating funds. 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: 15 years

Remaining Life: 13 years

Best Case: $ 7,000

Worst Case: $ 10,000

Cost Source: Allowance Estimate

Comp #: 411 Drinking Fountains - Replace

Quantity: (2) Fountains

Location: Tennis 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:

Association Reserves, #6510-0

211

7/29/2022

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