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

Comp #: 935 Cabinets & Counters - Replace Location: Poker Room, lifestyle reception, west room Funded?: Yes. History: Unknown

Quantity: Allowance

Comments: An allowance has been provided to periodically remodel the cabinets and counters throughout the interiors in rooms such as the poker room, the lifestyle reception counter, the west room, etc. These are separate areas then the cabinets and counters that are funded through separate components such as the bar area remodel, or restroom remodel.

Useful Life: 25 years

Remaining Life: 17 years

Best Case: $ 15,000

Worst Case: $ 20,000

Cost Source: Allowance Estimate

Comp #: 1110 Interior Surfaces - Paint

Quantity: (1) Building

Location: Interiors Funded?: Yes. History: 2015

Comments: Regular cycles of professional painting are recommended to maintain appearance. Small touch-up projects can be conducted as needed as a maintenance expense, but comprehensive painting of interior areas will restore a consistent look and quality to all areas. Best practice is to coordinate at same time as other interior projects (flooring, furnishings, lighting, etc.) whenever possible to minimize downtime and maintain consistent quality standard.

Useful Life: 10 years

Remaining Life: 4 years

Best Case: $ 30,000

Worst Case: $ 40,000

Cost Source: Allowance Estimate

Association Reserves, #6510-0

250

7/29/2022

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