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

Comp #: 1141 Building - Paint/Refurbish

Quantity: Interiors & Exteriors

Location: Laundry Building Funded?: Yes. History: Unknown

Comments: Individual projects do not meet the minimum threshold to be considered a reserve component. This component provides an allowance to repaint the building, replace bathroom fixtures, replace lighting, roll-up doors, ac units, etc. Continue to monitor and adjust as needed in future Reserve Study updates.

Useful Life: 10 years

Remaining Life: 4 years

Best Case: $ 15,000

Worst Case: $ 20,000

Cost Source: ARI Cost Database

Comp #: 1306 Flat Roof - Replace

Quantity: Approx 2,000 GSF

Location: Roof Funded?: Yes. History: Unknown Comments: Plan to replace on roughly the schedule below. Continue to monitor and adjust as needed in future Reserve Study updates.

Useful Life: 20 years

Remaining Life: 1 years

Best Case: $ 12,000

Worst Case: $ 16,000

Cost Source: Allowance Estimate

Association Reserves, #6510-0

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7/29/2022

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