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

Comp #: 1304 Tile Roof - Replace

Quantity: Approx 1,600 GSF

Location: Building roof Funded?: Yes. History: Original

Comments: There is a minimal amount of flat roof: repair as needed as an operating expense. The timeline for tile roof replacement is generally estimated based on the age of the roof. Remaining useful life can also be adjusted based on inspection of any accessible areas, looking for any cracked, slipping or missing tiles, as well as consultation with the client about history of repairs and preventive maintenance. Typical replacement includes removal and replacement of tiles and underlayment, with repairs to any damaged substrate made as needed. Tile roofing is typically a long-lived component assuming it was properly installed and is properly maintained.

Useful Life: 35 years

Remaining Life: 2 years

Best Case: $ 9,000

Worst Case: $ 14,000

Cost Source: Allowance Estimate

Comp #: 1609 Tennis Court - Resurface

Quantity: Approx 6,850 GSF

Location: Tennis court Funded?: Yes. History: 2019

Comments: Over time, exposure to UV light, wind, rain and foot traffic will deteriorate the surface to the point of failure. Prior to resurfacing, consult with vendors to identify any structural problems, such as poor grade, lack of drainage, high spots, etc. Plan to resurface at the approximate interval shown below in order to preserve the appearance and usefulness of the court surface. Best practice is to coordinate with other projects, such as fencing and/or lighting replacement.

Useful Life: 5 years

Remaining Life: 2 years

Best Case: $ 7,000

Worst Case: $ 10,000

Cost Source: Allowance Estimate

Association Reserves, #6510-0

395

7/29/2022

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