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

Comp #: 2053 Lake - Dredge (B#6)

Quantity: Approx 28,000 GSF

Location: Lake Funded?: Yes. History: 2021 Comments: Client requested funding to dredge lakes on roughly a 10-year cycle. Continue to monitor and adjust as needed in future Reserve Study updates.

Useful Life: 10 years

Remaining Life: 8 years

Best Case: $ 90,000

Worst Case: $ 100,000

Cost Source: Estimate Provided by Client

Comp #: 2060 Fountain Pump - Replace (B#9)

Quantity: (1) Total

Location: Lake at hole #9 Funded?: Yes. History: 2014

Comments: Equipment should be inspected and maintained regularly by servicing vendor or maintenance staff to ensure proper function and maximize life expectancy. Consult with lake/pond vendor to ensure that fountains are properly-sized and positioned for the body of water. Costs to replace are based on similar size and features.

Useful Life: 10 years

Remaining Life: 2 years

Best Case: $ 7,500

Worst Case: $ 12,500

Cost Source: Allowance Estimate

Association Reserves, #6510-0

316

7/29/2022

Made with FlippingBook - Online magazine maker