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

Comp #: 1306 Flat Roof - Recoat/Repair

Quantity: Approx 1,750 GSF

Location: Roof Funded?: Yes. History: 2015: $18,500

Comments: There are both coated roof sections and built-up gravel roofs. We anticipate that the gravel roofs will eventually be replaced and coated with a similar surface. 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: 3 years

Best Case: $ 18,000

Worst Case: $ 22,000

Cost Source: Client Cost History

Association Reserves, #6510-0

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7/29/2022

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