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

Comp #: 417 Metal Shade Structures - Replace

Quantity: (4) Total; ~300 GSF each

Location: Pool area Funded?: Yes. History: 2018

Comments: Canopy should be inspected, cleaned and repaired as needed on a regular basis to preserve good aesthetic condition. In many cases, framework/structure can be repaired and painted if needed to prolong useful life, sometimes indefinitely. Ensure that anchor points and hardware are in good condition, and take note of any recommendations for removal during high winds or storms.

Useful Life: 40 years

Remaining Life: 36 years

Best Case: $ 50,000

Worst Case: $ 70,000

Cost Source: Allowance Estimate

Comp #: 417 Shades/Canopies - Replace

Quantity: (4) Total; ~300 GSF each

Location: Common area Funded?: Yes. History: 2018

Comments: Canopy should be inspected, cleaned and repaired as needed on a regular basis to preserve good aesthetic condition. In many cases, framework/structure can be repaired and painted if needed to prolong useful life, sometimes indefinitely. Ensure that anchor points and hardware are in good condition, and take note of any recommendations for removal during high winds or storms.

Useful Life: 10 years

Remaining Life: 6 years

Best Case: $ 8,000

Worst Case: $ 12,000

Cost Source: ARI Cost Database

Association Reserves, #6510-0

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7/29/2022

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