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

Comp #: 902 Furniture - Replace (Owners Lounge)

Quantity: ~(47) Assorted Pieces

Location: Lifestyle Room Funded?: Yes. History: 2014 Comments: Approximately (22) upholstered chairs, (5) sofas, (8) misc tables, (12) bar stools. The useful heavily depends on the level of usage. For now, plan to replace on the schedule below.

Useful Life: 15 years

Remaining Life: 7 years

Best Case: $ 80,000

Worst Case: $ 100,000

Cost Source: Allowance Estimate

Comp #: 902 Main Tables/Chairs - Replace

Quantity: ~(435) Assorted Pieces

Location: Common area Funded?: Yes. History: Unknown Comments: Approximately (350) chairs, (40) round tables, (45) rectangle tables. 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

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7/29/2022

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