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

Comp #: 1960 Well Pump/Motor 40hp - Replace

Quantity: (1) 40 HP

Location: Inside Pump House #2 Funded?: Yes. History: 2010 Comments: (1) 40hp Motor. Make repairs as needed as an operating expense.

Useful Life: 20 years

Remaining Life: 7 years

Best Case: $ 8,000

Worst Case: $ 12,000

Cost Source: Allowance Estimate

Comp #: 1962 Well Control Systems - Replace

Quantity: Allowance

Location: Wells Funded?: Yes. History: Unknown

Comments: Client reports minor repairs done in 2018 for a total of $800, but no major repairs or replacements. The components do not appear to be original. Until more information can be gathered, 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: 10 years

Best Case: $ 20,000

Worst Case: $ 30,000

Cost Source: Allowance Estimate

Association Reserves, #6510-0

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7/29/2022

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