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

Comp #: 502 Chain Link Fence - Replace

Quantity: Approx 360 LF

Location: Tennis perimeter Funded?: Yes. History: Unknown

Comments: Chain link fencing generally has lower aesthetic value than other materials, so remaining useful life is mostly based on structural conditions, although appearance is also considered. Inspect regularly; clean and repair locally as needed as part of general maintenance/Operating funds. Assuming ordinary care and maintenance, plan to replace this fence as shown below.

Useful Life: 35 years

Remaining Life: 13 years

Best Case: $ 8,000

Worst Case: $ 12,000

Cost Source: Allowance Estimate

Comp #: 503 Metal Fence - Replace

Quantity: Approx 230 LF

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

Comments: In our experience, metal fencing will typically eventually break down due to a combination of sun and weather exposure, which is sometimes exacerbated by other factors such as irrigation overspray, abuse and lack of preventive maintenance. For some types of fencing, complete replacement is advisable over recoating or refinishing due to relatively short lifespan of coatings and consideration of total life-cycle cost.

Useful Life: 35 years

Remaining Life: 13 years

Best Case: $ 11,500

Worst Case: $ 14,500

Cost Source: Allowance Estimate

Association Reserves, #6510-0

398

7/29/2022

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