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

Comp #: 804 Bollard Lights - Replace

Quantity: Approx (10) Fixtures

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

Comments: Inspected during daylight hours; assumed to be in functional operating condition. As routine maintenance, inspect, repair/change bulbs as needed. Best to plan for large scale replacement at roughly the time frame below for cost efficiency and consistent quality/appearance throughout association. Replacement costs can vary greatly; estimates shown here are based on replacement with a comparable size and design, unless otherwise noted.

Useful Life: 20 years

Remaining Life: 16 years

Best Case: $ 6,000

Worst Case: $ 10,000

Cost Source: Allowance Estimate

Comp #: 1107 Metal Fence - Paint/Repair

Quantity: Approx 600 LF

Location: Pool perimeter Funded?: Yes. History: 2021

Comments: Metal fencing should be painted at the interval shown here in order to inhibit or delay onset of rust/corrosion and prevent or minimize costly repairs. Painting not only protects the metal surface from excessive wear, but promotes a good, attractive appearance in the common areas. Costs can vary greatly depending on existing conditions of fencing, which will dictate amount of repair/prep work required.

Useful Life: 5 years

Remaining Life: 3 years

Best Case: $ 10,000

Worst Case: $ 14,000

Cost Source: Allowance Estimate

Association Reserves, #6510-0

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7/29/2022

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