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

Comp #: 1141 Building - Paint/Repair

Quantity: Interiors & Exteriors

Location: Laundry Building Funded?: Yes. History: Unknown Comments: This component provides an allowance to repaint the building, and repair/replace other items as needed. Continue to monitor and adjust as needed in future Reserve Study updates.

Useful Life: 10 years

Remaining Life: 4 years

Best Case: $ 4,000

Worst Case: $ 6,000

Cost Source: ARI Cost Database

Comp #: 1200 Pool Deck - Resurface

Quantity: Approx 3,000 GSF

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

Comments: At longer intervals pool decks often need to be completely stripped and resurfaced/replaced to maintain high aesthetic standards in the common areas. May be advisable to change appearance or to coincide with other aesthetic projects in the pool area. A wide variety of surface products are available; costs shown here based on our experience with comparable properties.

Useful Life: 20 years

Remaining Life: 8 years

Best Case: $ 18,000

Worst Case: $ 22,000

Cost Source: Allowance Estimate

Association Reserves, #6510-0

387

7/29/2022

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