SAMPLE REPORT FOR RS Reserve Management Plan Type 1 …€¦ · of SAMPLE REPORT FOR RS by helping them identify key factors, develop assumptions, gather and assemble information,

SAMPLE REPORT FOR RS

Reserve Management Plan

Type 1

Reserve Study with On-Site Analysis

For 30-Year Projection Period Beginning January 1, 2019

Cover

SAMPLE REPORT FOR RSJanuary 1, 2019

SAMPLE REPORT FOR RS


Table of ContentsTable of Contents

Cover 1Table of Contents 2Preparer’s Report on Reserve Study 3Statement of Position 5Summary of Major Components 6Cash Flow - Annual 7Expenditures-Matrix 8Component List - Category 11Disclosures 12Supplementary Information 15Percent Funded - Annual 16Component List - Full Detail 17

Page 2 of 74

Preparer’s Report on Reserve StudyPreparer’s Report on Reserve Study


Type I Reserve Study With On-Site AnalysisFor 30-Year Projection Period Beginning January 1, 2019

Board of DirectorsSAMPLE REPORT FOR RSSalt Lake City, UT

Description of Reserve Management Plan Engagement and Reserve Study Report

A reserve management plan engagement involves the reserve professional providing assistance to management of SAMPLE REPORT FOR RS by helping them identify key factors, develop assumptions, gather and assemble information, and develop a financial model so they may consider the results based upon their stated assumptions.

A Type I reserve study engagement is based on an on-site analysis. The on-site analysis of SAMPLE REPORT FOR RS upon which this reserve management plan is based was performed by Robbie Pepper, CMCA, CCIM, GRI of Facilities Advisors International LLC on February 18, 2019.

The attached basic financial exhibits and disclosures comprise a Type I Reserve Study report of SAMPLE REPORT FOR RS. The basic financial exhibits comprising this reserve study report are the statement of position and summary component list as of January 1, 2019, statements of projected cash flows and expenditures for the 30-year period beginning January 1, 2019, and related disclosures that provide important information regardingthe basic financial exhibits.

Management’s Responsibility for Reserve Study

The Governing Body of SAMPLE REPORT FOR RS is responsible for the preparation and fair presentation of this reserve study report in accordance with Generally Accepted Reserve Study Principles.

Reserve Professional’s Responsibility

Our responsibility is to perform our reserve management plan engagement and compile the reserve study report in accordance with Generally Accepted Reserve Study Standards.

Report on Reserve Study

Our reserve management plan engagement was performed in accordance with Generally Accepted Reserve Study Standards. A reserve study involves performing procedures to identify, quantify and evaluate condition of components based upon a visual observation for the purpose of making a financial projection. The procedures selected are based on the reserve professional ’s judgment. We believe that the procedures we have performed are sufficient and appropriate to support the reserve study report as presented. We are not responsible for any events subsequent to the date of this report.

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We are not aware of any material modifications that should be made to the financial exhibits referred to above, based upon the stated significant assumptions and exclusions, for them to be presented in conformity with Generally Accepted Reserve Study Principles.

This reserve study report is restricted to the management and members of the SAMPLE REPORT FOR RS, and should not be relied upon by others not involved in the establishment of the significant assumptions and exclusions upon which this report is based. Readers of the reserve study report should consider the significant assumptions, excluded components, and general exclusions in forming their own conclusions regarding the reserve study report.

Required Supplementary Information

Generally Accepted Reserve Study Standards require that the component list compiled at the major or minor component level be presented to supplement the basic financial exhibits. This component list is the responsibility of the SAMPLE REPORT FOR RS’s management and was used to prepare the basic financial exhibits. The information contained in this list has been subjected to the procedures applied in the compilation of the reservestudy report, and we are not aware of any material modifications that should be made thereto.

Regulatory Information

In the case of common interest realty associations located in the U.S.A., Generally Accepted Reserve Study Standards require that regulatory disclosures be presented to supplement the basic financial exhibits. Regulatory Disclosures consist of supplemental information required by the Financial Accounting Standards Board and any disclosures required by state or local jurisdictions. Such information is the responsibility of the SAMPLE REPORT FOR RS’s management and was derived from the component list used to prepare the reserve study report. The information has been subjected to the procedures applied in the compilation of the basic reserve study report,and we are not aware of any material modifications that should be made thereto.

Facilities Advisors Rocky MountainsRobbie Pepper, CMCA, CCIM, GRIFebruary 17, 2020

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We have compiled the accompanying reserve study report of SAMPLE REPORT FOR RS, comprised of the financial exhibits referred to above in accordance with Generally Accepted Reserve Study Principles. This reserve study report was prepared using software meeting the reserve study calculation and software standards of the International Capital Budgeting Institute.


Statement of PositionStatement of Position

Projection period: January 1, 2019 to 2047Type of Project: CondominiumNumber of Units: 147Location: Salt Lake City, UTProject Construction date: July 1, 2010

On-Site analysis performed by: Robbie PepperComponent analysis performed by: Robbie PepperReport prepared by: Robbie Pepper

No special assessments are considered necessary during the 30-year projection period.The Percent Funded as of January 1 ,2019 is more than adequate.Current Replacement Cost of All Components $ 1,961,657Future Replacement Cost of All Components $ 3,432,376Projected Balance of Reserve Funds at January 1, 2019 $ 546,760100% Funded Amount at January 1, 2019 $ 308,969Percent Funded at January 1, 2019 $176.96 %Reserve (Surplus)/Deficit – Average per Unit at January 1, 2019 $ -1,618Projected Reserve Contribution $ 88,407Average Annual Reserve Contribution Per Unit $ 601Monthly Reserve Contribution First Year of Projection $ 7,367Average Monthly Reserve Contribution Per Unit $ 50Projected Special Assessment $ 0Projected Inflation Rate 3.00 %Projected Interest Rate 1.00 %

Components Excluded from This Report

Major Component Reason ExcludedBuilding Structures Lifetime ComponentUtilities - Underground and in Structure Long-lived Component – Never previously included

in study, and Excluded per Board decisionStreet Base Lifetime Component Hardscape – sidewalks and curbs Lifetime ComponentIrrigation Lines and Sprinklers Included in Operating BudgetMajor Tree Trimming Included in Operating BudgetLandscape / Plant Replacement Included in Operating BudgetSummary of major components is presented on next page

See Preparers report on Significant AssumptionsPage 5 of 74

SAMPLE REPORT FOR RSAnalysis Date - January 1, 2019

Inflation:3.00% Investment:1.00% Contribution Factor:0.00% Calc:Future

Summary of Major Components

Estimated Estimated

Remaining Future

Useful Lives Replacement

Categories Years Cost

Communications 9 $ 13,904Doors 21-28 450,522Electrical 22 213,910Electronics 7 9,985Elevators 12-28 660,861Fences/Walls 1- 2 28,485Fire safety 0-19 229,522Fitness Equipment 4 14,850Flooring 7-26 245,552Furniture 6-12 46,529HVAC 12-27 597,426Kitchen 17 13,420Landscape 1- 4 3,233Lighting 2 2,153Mailboxes 22 23,336Mechanical Equipment 17-22 86,782Mechanicals 0 2,537Office Equipment 5 2,941Painting 7-24 355,464Plumbing 0-19 118,095Restrooms 17-18 27,242Roof 9-19 250,483Sanitation 0 2,537Security 7- 9 3,196Windows 5 29,413

$ 3,432,378

PRN:02/16/2020 See Preparers Report and Custom Disclosures Page 6 of 74

Percipient Software, Inc. Copyright 2020 All Rights Reserved



Cash Flow - Annual

Period Beginning Balance Contribution Interest Earned Expenditures Ending Balance

01/19 - 12/19 $ 546,760.12 $ 88,407.00 $ 5,823.39 $ 20,702.37 $ 620,288.14

01/20 - 12/20 620,288.14 91,059.24 6,629.46 12,753.09 705,223.75

01/21 - 12/21 705,223.75 96,522.72 7,318.01 54,588.48 754,476.00

01/22 - 12/22 754,476.00 102,314.16 8,018.92 16,024.99 848,784.09

01/23 - 12/23 848,784.09 108,453.00 8,945.08 27,357.29 938,824.88

01/24 - 12/24 938,824.88 114,960.12 9,790.70 47,296.70 1,016,279.00

01/25 - 12/25 1,016,279.00 121,857.72 10,642.76 38,717.99 1,110,061.49

01/26 - 12/26 1,110,061.49 129,169.20 11,292.39 110,403.58 1,140,119.50

01/27 - 12/27 1,140,119.50 136,919.40 12,041.47 21,502.19 1,267,578.18

01/28 - 12/28 1,267,578.18 145,134.60 11,581.34 409,511.53 1,014,782.59

$ 546,760.12 $ 1,134,797.16 $ 92,083.52 $ 758,858.21 $ 1,014,782.59


01/29 - 12/29 $ 1,014,782.59 $ 153,842.64 $ 10,434.52 $ 110,568.93 $ 1,068,490.82

01/30 - 12/30 1,068,490.82 163,073.16 11,007.18 118,599.73 1,123,971.43

01/31 - 12/31 1,123,971.43 172,857.60 11,505.69 142,094.33 1,166,240.39

01/32 - 12/32 1,166,240.39 183,229.08 12,281.00 77,053.63 1,284,696.84

01/33 - 12/33 1,284,696.84 194,222.76 13,518.55 78,709.74 1,413,728.41

01/34 - 12/34 1,413,728.41 205,876.08 15,015.02 47,834.18 1,586,785.33

01/35 - 12/35 1,586,785.33 218,228.64 16,887.80 32,083.40 1,789,818.37

01/36 - 12/36 1,789,818.37 231,322.44 16,869.81 494,474.55 1,543,536.07

01/37 - 12/37 1,543,536.07 245,201.76 16,043.86 150,705.68 1,654,076.01

01/38 - 12/38 1,654,076.01 259,913.88 16,452.27 319,663.22 1,610,778.94

$ 1,014,782.59 $ 2,027,768.04 $ 140,015.70 $ 1,571,787.39 $ 1,610,778.94


01/39 - 12/39 $ 1,610,778.94 $ 275,508.72 $ 17,414.62 $ 25,476.27 $ 1,878,226.01

01/40 - 12/40 1,878,226.01 292,039.20 19,297.47 225,520.73 1,964,041.95

01/41 - 12/41 1,964,041.95 309,561.60 18,034.92 707,336.76 1,584,301.71

01/42 - 12/42 1,584,301.71 328,135.32 17,124.90 95,041.00 1,834,520.93

01/43 - 12/43 1,834,520.93 347,823.36 16,719.96 752,127.97 1,446,936.28

01/44 - 12/44 1,446,936.28 368,692.80 15,503.37 191,934.21 1,639,198.24

01/45 - 12/45 1,639,198.24 390,814.32 16,783.13 358,014.60 1,688,781.09

01/46 - 12/46 1,688,781.09 414,263.16 16,429.43 569,116.54 1,550,357.14

01/47 - 12/47 1,550,357.14 439,119.00 15,865.85 416,159.20 1,589,182.79

01/48 - 12/48 1,589,182.79 465,466.20 16,361.99 421,827.76 1,649,183.22

$ 1,610,778.94 $ 3,631,423.68 $ 169,535.64 $ 3,762,555.04 $ 1,649,183.22





Expenditures-Matrix

Category 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Communications $ 13,904Electronics 9,985Fences/Walls 1,568 26,917 1,764 31,204 1,986Fire safety 8,068 8,310 8,559 8,816 9,081 9,353 9,634 16,632 10,220 10,527Fitness Equipment 14,849 17,214Flooring 14,572 153,510Furniture 21,207Landscape 2,090 3,426 2,496Lighting 2,153 2,496Mechanicals 2,537 2,941Office Equipment 2,941Painting 11,484 11,281 140,596Plumbing 7,559 784 16,957 4,435 882 4,847 19,658 41,712Roof 25,424Sanitation 2,537 2,772 3,029 3,310Security 1,872 1,324Windows 29,413

$ 20,702 $ 12,753 $ 54,588 $ 16,024 $ 27,357 $ 47,296 $ 38,717 $ 110,403 $ 21,502 $ 409,511





Expenditures

Category 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038

Electronics $ 13,419Elevators 17,363 17,884 18,421 5,032 5,183 5,338Fences/Walls 36,174 2,235 44,452Fire safety 10,843 11,168 11,503 11,848 12,204 12,570 12,947 118,805 43,972 85,332Fitness Equipment 19,956 23,134Flooring 19,584Furniture 25,322HVAC 13,022 11,513 187,875 55,288Kitchen 13,419Landscape 2,727 1,404 2,980 3,257 1,727 3,559Lighting 2,893 3,354Mechanical Equipment 16,774Mechanicals 3,409 3,952Office Equipment 3,726Painting 15,434 15,161 188,950Plumbing 4,703 28,096 28,578 1,117 3,837 10,277 4,071 31,871 11,230 8,898Restrooms 13,419 13,822Roof 88,884 77,929 3,617 12,776 17,080 11,807 8,513 4,449Sanitation 3,617 3,952 4,319Security 2,516Windows 37,259

$ 110,568 $ 118,599 $ 142,094 $ 77,053 $ 78,709 $ 47,834 $ 32,083 $ 494,474 $ 150,705 $ 319,663





Expenditures

Category 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048

Communications $ 19,823Doors 36,815 66,700 39,057 40,229 131,880 135,836Electrical 213,909Electronics 18,034Elevators 185,675 196,983 27,052 236,843 28,699Fences/Walls 2,831 48,615 3,187 56,359 3,587Fire safety 14,572 15,009 15,459 15,923 16,401 16,893 17,400 30,039 18,459 19,013Fitness Equipment 26,819 31,091Flooring 274,318 20,093 22,219 26,319Furniture 33,039 39,451HVAC 194,463 155,550 17,937Landscape 3,889 6,374 4,643Lighting 3,889 4,508Mailboxes 23,335Mechanical Equipment 70,006Mechanicals 4,582 5,312Office Equipment 4,719 5,979Painting 36,438 155,662 20,742 20,375 253,933Plumbing 6,321 59,471 30,627 40,059 8,252 1,593 44,523 1,793Roof 39,610 138,478 121,411 5,635Sanitation 4,719 5,157 5,635Security 1,887 3,381Windows 47,199 59,791

$ 25,476 $ 225,520 $ 707,336 $ 95,041 $ 752,127 $ 191,934 $ 358,014 $ 569,116 $ 416,159 $ 421,827





Component List - Category

Category Replace Date Replace Life Current Cost Future Cost

Communications 07/28-07/28 9:06 - 9:06 $ 10,500.00 $ 13,904.10

Doors 07/40-07/47 21:06 -28:06 209,800.00 450,521.16

Electrical 07/41-07/41 22:06 -22:06 110,000.00 213,909.58

Electronics 07/26-07/26 7:06 - 7:06 8,000.00 9,985.49

Elevators 07/31-07/47 12:06 -28:06 315,000.00 660,862.47

Fences/Walls 07/20-07/21 1:06 - 2:06 26,500.00 28,485.40

Fire safety 07/19-07/38 0:06 -19:06 144,225.00 229,522.04

Fitness Equipment 07/23-07/23 4:06 - 4:06 13,000.00 14,849.47

Flooring 07/26-07/45 7:06 -26:06 164,250.00 245,550.92

Furniture 07/25-07/31 6:06 -12:06 35,000.00 46,529.35

HVAC 07/31-07/46 12:06 -27:06 320,500.00 597,425.42

Kitchen 07/36-07/36 17:06 -17:06 8,000.00 13,419.66

Landscape 07/20-07/23 1:06 - 4:06 3,000.00 3,232.94

Lighting 07/21-07/21 2:06 - 2:06 2,000.00 2,153.39

Mailboxes 07/41-07/41 22:06 -22:06 12,000.00 23,335.59

Mechanical Equipment 07/36-07/41 17:06 -22:06 46,000.00 86,781.34

Mechanicals 07/19-07/19 0:06 - 0:06 2,500.00 2,537.22

Office Equipment 07/24-07/24 5:06 - 5:06 2,500.00 2,941.34

Painting 07/26-07/43 7:06 -24:06 218,341.25 355,463.81

Plumbing 01/19-07/38 0:00 -19:06 88,250.00 118,094.11

Restrooms 07/36-07/37 17:06 -18:06 16,000.00 27,241.91

Roof 07/28-07/38 9:06 -19:06 176,290.50 250,482.68

Sanitation 07/19-07/19 0:06 - 0:06 2,500.00 2,537.22

Security 07/26-07/28 7:06 - 9:06 2,500.00 3,196.48

Windows 07/24-07/24 5:06 - 5:06 25,000.00 29,413.37

$ 1,961,656.75 $ 3,432,376.46



SAMPLE REPORT FOR RSJanuary 1, 2019DisclosuresDisclosures

Site Analysis

SAMPLE REPORT FOR RS is a Condominium association located in Salt Lake City, UT. The Association consists of 147 units. The units were constructed as a single phase in July 1, 2010. The project consists of 1 twenty six story building.

The site analysis was performed on February 18, 2019 by Robbie Pepper, CMCA, CCIM, GRI of Facilities Advisors Rocky Mountain. The Association manager/board member was interviewed during the site analysis regarding component existence, maintenance activities, dates last repaired/replaced, and actual or bid costs, if known. Site analysis procedures included:

Review of Google Earth satellite images Tour of Association common areas Identification and quantification / measurement of common area components Component condition assessment

The site analysis was performed as a limited scope visual observation. No destructive or invasive testing was performed. The condition of components may be assessed differently if destructive / invasive testing was performed, but such testing is beyond the scope of a reserve study.

Component Analysis

Components considered for inclusion in the reserve study report are all those components that are the maintenance responsibility of the Association that are anticipated to require future major repair or replacement under the assumption that such components are subject to normal maintenance activities and normal wear and tear. Components with a useful life of less than two years or a cost of $1,000 have generally been excluded from this analysis, as such items are considered to be part of the Association’s operating budget.

The component list was compiled based upon the previous reserve study, the tour of association common areas, inquiry of Association management and maintenance staff, and selected vendors providing maintenance services to the Association. The component list is believed to be complete, except for the exclusions noted below, which are considered normal exclusions.

Estimated future major repair and replacement costs are generally based on current replacement costs projected to estimated repair or replacement date, applying an inflation factor of 3.00% for the entire 30-year financial projection period.

Current estimated replacement costs are derived from a variety of sources including; actual prior costs, current bids, vendor or contractor estimates, management’s estimates, Facilities Advisors International’s cost database, or cost estimator manuals. This data is considered reliable and has been relied upon in the determination of current cost. Current cost includes material or product cost, labor, overhead, delivery, and sales tax.

See Preparer’s ReportSee Summary of Significant Assumptions

Page 12 of 74


General Exclusions from the analysis are:

Excluded Conditions Reason for ExclusionBuilding code or zoning violations or upgrades Outside scope of studyStructural stability or engineering analysisEnvironmental conditions *

Outside scope of studyOutside scope of study

Geological stability or soil conditions Outside scope of studySoil contamination Outside scope of studyHydrological conditions Outside scope of studyMold or fungus Outside scope of studyTermites or other pest control Outside scope of studyRisks of wildfire, flood or seismic activity Outside scope of studyWater quality or testing Outside scope of studyIllegal or controlled substances Outside scope of studyBuilding values or appraisals Outside scope of studyAdequacy of efficiency of any system or componentInformation not provided by the association necessary to identify all components

Outside scope of study

Outside scope of study

* Asbestos, radon, formaldehyde, lead, water or air quality, electromagnetic radiation or other environmental hazards.

Financial Analysis

The financial projection was prepared using the pooled cash flow method. Under this method, aggregate expenditures are projected to future estimated repair or replacement dates considering inflation at 3.00%. Actual expenditures may vary from estimated expenditures, and the differences may be significant.

Reserve fund revenues consist of member assessments and interest earned (and other income). Interest income has been estimated at 1.00%. The funding plan does not contain an income tax expense related to interest earned, as income taxes are paid from the operating fund. The projected annual assessment has been subjected to an annual increase factor for the projection period. This annual assessment adjustment factor is necessary to counteract the effects of inflation on projected expenditures.

Replacement reserves are funded at a level of 176.96% as of January 1, 2019 using the inflation adjusted method of calculating percent funded.


Page 13 of 74


Significant Assumptions

The following significant assumptions were used in the preparation of this reserve study report. If the actual replacement costs or remaining lives vary from the assumptions used in this analysis, the impact could be significant on future assessments. Accordingly, an annual review of the analysis is necessary to see if the Board, within its authority, should increase the regular assessments, pass special assessments or reschedule future replacement dates.

Generally, only long-term major repair and replacement activities for components with a life of 2 years or longer and a cost of $1,000 or more have been considered in this analysis. A group of items with individual cost of less than $1,000 are included if the aggregate cost exceeds $1,000.

The Board of Directors will implement and/or continue preventive maintenance and repair programs to prevent abnormal deterioration of the common areas.

The analysis assumes that no unusual conditions will occur, such as weather, vandalism, unusual use, or unforeseen obsolescence.

Measurements and quantities were obtained by count, measurement, or estimation from plans provided by the Board of Directors unless otherwise noted, and are assumed to be a close approximation to actual.

Proper construction and installation of all improvements is assumed, unless otherwise noted. This analysis assumes that the Association membership wishes to continue the use and maintenance of all

amenities currently in place. The Association carries comprehensive property insurance to cover most insurable property risks. Current financial information was supplied by the Board of Directors and is assumed to be reasonably

accurate as of the date of this analysis. Funded cash balances were not audited nor confirmed directly with financial institutions as a part of this analysis.

The Association will collect and set aside reserve assessments on an annual basis as set forth in the funding plan projection, in order that sufficient funds will be available when expenditures are scheduled or necessary.

The Board of Directors does not anticipate any special assessments other than those that may be scheduled as part of the attached 30-year funding projection.

Interest rate of 1.00% is used in the funding plan. Inflation rate of 3.00% is used in the funding plan.


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Supplementary Informationon Future Major Repairs and Replacements

Estimated EstimatedEstimated Remaining Future

Useful Lives Useful Lives ReplacementCategory Life YY:MM Life YY:MM Cost

Communications 12:00 9:06 $ 13,904Doors 25:00 -30:00 21:06 -28:06 450,522Electrical 25:00 22:06 213,910Electronics 10:00 7:06 9,985Elevators 15:00 -30:00 12:06 -28:06 660,861Fences/Walls 4:00 - 5:00 1:06 - 2:06 28,485Fire safety 3:00 -20:00 0:06 -19:06 229,522Fitness Equipment 5:00 4:06 14,850Flooring 10:00 -30:00 7:06 -26:06 245,552Furniture 15:00 6:06 -12:06 46,529HVAC 15:00 -30:00 12:06 -27:06 597,426Kitchen 20:00 17:06 13,420Landscape 3:00 - 7:00 1:06 - 4:06 3,233Lighting 5:00 2:06 2,153Mailboxes 25:00 22:06 23,336Mechanical Equipment 20:00 -25:00 17:06 -22:06 86,782Mechanicals 5:00 0:06 2,537Office Equipment 8:00 5:06 2,941Painting 10:00 -25:00 7:06 -24:06 355,464Plumbing 3:00 -20:00 0:00 -19:06 118,095Restrooms 20:00 17:06 -18:06 27,242Roof 15:00 -25:00 9:06 -19:06 250,483Sanitation 3:00 0:06 2,537Security 10:00 -12:00 7:06 - 9:06 3,196Windows 8:00 5:06 29,413

$ 3,432,378





Percent Funded - Annual

100% Funded Beginning Percent Expenditure

Beginning Date Time Value Balance Funded Contribution Interest Future Cost

01/01/2019 $ 308,968 $ 546,760 176.96 % $ 88,407 $ 5,823 $ 20,702

01/01/2020 422,288 620,288 146.88 91,059 6,629 12,753

01/01/2021 550,882 705,223 128.01 96,522 7,318 54,588

01/01/2022 644,741 754,476 117.01 102,314 8,018 16,024

01/01/2023 784,536 848,784 108.18 108,453 8,945 27,357

01/01/2024 921,124 938,824 101.92 114,960 9,790 47,296

01/01/2025 1,045,799 1,016,279 97.17 121,857 10,642 38,717

01/01/2026 1,187,272 1,110,061 93.49 129,169 11,292 110,403

01/01/2027 1,264,718 1,140,119 90.14 136,919 12,041 21,502

01/01/2028 1,439,328 1,267,578 88.06 145,134 11,581 409,511

01/01/2029 1,230,145 1,014,782 82.49 153,842 10,434 110,568

01/01/2030 1,322,907 1,068,490 80.76 163,073 11,007 118,599

01/01/2031 1,415,416 1,123,971 79.40 172,857 11,505 142,094

01/01/2032 1,492,052 1,166,240 78.16 183,229 12,281 77,053

01/01/2033 1,642,347 1,284,696 78.22 194,222 13,518 78,709

01/01/2034 1,800,983 1,413,728 78.49 205,876 15,015 47,834

01/01/2035 2,001,390 1,586,785 79.28 218,228 16,887 32,083

01/01/2036 2,229,643 1,789,818 80.27 231,322 16,869 494,474

01/01/2037 2,001,490 1,543,536 77.11 245,201 16,043 150,705

01/01/2038 2,121,584 1,654,076 77.96 259,913 16,452 319,663

01/01/2039 2,080,198 1,610,778 77.43 275,508 17,414 25,476

01/01/2040 2,342,624 1,878,226 80.17 292,039 19,297 225,520

01/01/2041 2,416,774 1,964,041 81.26 309,561 18,034 707,336

01/01/2042 2,011,141 1,584,301 78.77 328,135 17,124 95,041

01/01/2043 2,221,943 1,834,520 82.56 347,823 16,719 752,127

01/01/2044 1,779,607 1,446,936 81.30 368,692 15,503 191,934

01/01/2045 1,900,165 1,639,198 86.26 390,814 16,783 358,014

01/01/2046 1,863,645 1,688,781 90.61 414,263 16,429 569,116

01/01/2047 1,619,880 1,550,357 95.70 439,119 15,865 416,159

01/01/2048 1,532,374 1,589,182 103.70 465,466 16,361 421,827





Component List - Full Detail

Keri Systems Entryguard Call Boxes

Item Number 1Type Common AreaCategory CommunicationsMeasurement Basis EachEstimated Useful Life 12 YearsBasis Cost $ 3,500.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostMain entry on 100 Good 07/01/2016 07/01/2028 9:06 12:00 3 10,500.00 13,904.10

$ 10,500.00 $ 13,904.10

Comments

Replace as Necessary

There are 2 call boxes located on parking level 2, and one at the Main entry.






Fire Doors Dbl

Item Number 2Type Common AreaCategory DoorsMeasurement Basis EachEstimated Useful Life 30 YearsBasis Cost $ 1,500.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostElevator Lobby Good 07/01/2016 07/01/2046 27:06 30:00 39 58,500.00 131,880.18Elevator Lobby Good 07/01/2017 07/01/2047 28:06 30:00 39 58,500.00 135,836.59

$ 117,000.00 $ 267,716.77

Comments


quantity split over 2 years






Glass Dbl Doors


Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostMain Entrance Good 07/01/2016 07/01/2041 22:06 25:00 2 4,000.00 7,778.53

$ 4,000.00 $ 7,778.53

Comments







Glass Sngl Doors


Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostParking and Buildi Good 07/01/2016 07/01/2041 22:06 25:00 9 10,800.00 21,002.03

$ 10,800.00 $ 21,002.03

Comments







Utility Doors Sngl

Item Number 5Type Common AreaCategory DoorsMeasurement Basis EachEstimated Useful Life 25 YearsBasis Cost $ 500.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostBuilding Interior Good 07/01/2015 07/01/2040 21:06 25:00 39 19,500.00 36,815.86Building Interior Good 07/01/2016 07/01/2041 22:06 25:00 39 19,500.00 37,920.34Building Interior Good 07/01/2017 07/01/2042 23:06 25:00 39 19,500.00 39,057.95Building Interior Good 07/01/2018 07/01/2043 24:06 25:00 39 19,500.00 40,229.68

$ 78,000.00 $ 154,023.83

Comments


39 doors per year over 4 years






Emergency Generator - Replace

Item Number 6Type Common AreaCategory ElectricalMeasurement Basis EachEstimated Useful Life 25 YearsBasis Cost $ 110,000.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostLevel 21 Mechanic Good 07/01/2016 07/01/2041 22:06 25:00 1 110,000.00 213,909.58

$ 110,000.00 $ 213,909.58

Comments

Replace as necessary

Cummins Diesel model DQCA-7258249, rated at 600kw standby






Televisions, DVD Players,

Item Number 7Type Common AreaCategory ElectronicsMeasurement Basis JobEstimated Useful Life 10 YearsBasis Cost $ 8,000.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostSocial Room, Even Good 07/01/2016 07/01/2026 7:06 10:00 1 8,000.00 9,985.49

$ 8,000.00 $ 9,985.49

Comments


4 60” LED flat screen televisions 2 Blu-ray DVD players w/remote 5 surge protectors






Elevator Cabs – Remodel

Item Number 8Type Common AreaCategory ElevatorsMeasurement Basis EachEstimated Useful Life 15 YearsBasis Cost $ 12,000.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostBuilding Interior Good 07/01/2016 07/01/2031 12:06 15:00 1 12,000.00 17,363.87Building Interior Good 07/01/2017 07/01/2032 13:06 15:00 1 12,000.00 17,884.79Building Interior Good 07/01/2018 07/01/2033 14:06 15:00 1 12,000.00 18,421.33

$ 36,000.00 $ 53,669.99

Comments

Remodel as necessary staggered one per year every 15 years

Current elevator cab designs use stainless steel, wood and glass panels with stone floor. Original Manufacturer: ThyssenKrupp






Elevator Doors


Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostElevator Good 07/01/2016 07/01/2036 17:06 20:00 1 3,000.00 5,032.37Elevator Good 07/01/2017 07/01/2037 18:06 20:00 1 3,000.00 5,183.34Elevator Good 07/01/2018 07/01/2038 19:06 20:00 1 3,000.00 5,338.84

$ 9,000.00 $ 15,554.55

Comments


staggered one per year every 20 years






Elevators - System-Control-Modernize


Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostLevel 22, Room M Good 07/01/2013 07/01/2043 24:06 30:00 1 90,000.00 185,675.46Level 22, Room M Good 07/01/2015 07/01/2045 26:06 30:00 1 90,000.00 196,983.10Level 22, Room M Good 07/01/2017 07/01/2047 28:06 30:00 1 90,000.00 208,979.37

$ 270,000.00 $ 591,637.93

Comments

Replace as Necessary every 30 years staggered 2 years apart

2 passenger elevators, 2,500 lb. max. each 1 freight elevator, 4,500 lb. max. 24 floors including parking levels






Balconies/Terrace-Glass-Rails

Item Number 11Type Common AreaCategory Fences/WallsMeasurement Basis AllowEstimated Useful Life 5 YearsBasis Cost $ 25,000.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostBalcony/Terrace Average 07/01/2016 07/01/2021 2:06 5:00 1 25,000.00 26,917.40

$ 25,000.00 $ 26,917.40

Comments

Allowance for the Repair of Balcony Rails and Glass






Planter Walls/Flashing

Item Number 12Type Common AreaCategory Fences/WallsMeasurement Basis AllowEstimated Useful Life 4 YearsBasis Cost $ 1,500.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostTerrace Good 07/01/2016 07/01/2020 1:06 4:00 1 1,500.00 1,568.00

$ 1,500.00 $ 1,568.00

Comments

Allowance for the Repair of Planter Walls and Flashing






Dryer Vent Cleaning

Item Number 13Type Common AreaCategory Fire safetyMeasurement Basis EachEstimated Useful Life 3 YearsBasis Cost $ 150.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostBuilding Interior Good 07/01/2016 07/01/2019 0:06 3:00 53 7,950.00 8,068.37Building Interior Good 07/01/2017 07/01/2020 1:06 3:00 53 7,950.00 8,310.42Building Interior Good 07/01/2018 07/01/2021 2:06 3:00 53 7,950.00 8,559.73

$ 23,850.00 $ 24,938.52

Comments

Clean Dryer Vents in Each Unit every 3 years to prevent Dryer Vent Fires






Fire Alarm System - Major Upgrade

Item Number 14Type Common AreaCategory Fire safetyMeasurement Basis EachEstimated Useful Life 20 YearsBasis Cost $ 17,500.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostLevel 1, Fire Room Good 07/01/2016 07/01/2036 17:06 20:00 1 17,500.00 29,355.50Level 1, Fire Room Good 07/01/2017 07/01/2037 18:06 20:00 1 17,500.00 30,236.16

$ 35,000.00 $ 59,591.66

Comments

There are 2 panels located in the fire command room, and modules located throughout the building. General Electric - EST3 panels






Fire Extuinguishers

Item Number 15Type Common AreaCategory Fire SafetyMeasurement Basis EachEstimated Useful Life 10 YearsBasis Cost $ 125.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostBuilding Interior Good 07/01/2016 07/01/2026 7:06 10:00 43 5,375.00 6,709.00

$ 5,375.00 $ 6,709.00

Comments







Fire Pumps - Replace

Item Number 16Type Common AreaCategory Fire safetyMeasurement Basis EachEstimated Useful Life 20 YearsBasis Cost $ 40,000.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostParking Level 4 Fir Good 07/01/2016 07/01/2036 17:06 20:00 1 40,000.00 67,098.29Parking level 4, Fir Good 07/01/2018 07/01/2038 19:06 20:00 1 40,000.00 71,184.57

$ 80,000.00 $ 138,282.86

Comments

Replace a necessary staggered 2 years apart

2 pumps, primary and secondary Primary - WEG, 1,785 RPM, 460v, 150 hp Secondary - Marathon, 1,780 rpm, 460 v, 250 hp






Cardio Equipment – Replace

Item Number 17Type Common AreaCategory Fitness EquipmentMeasurement Basis AllowEstimated Useful Life 5 YearsBasis Cost $ 10,000.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostLevel 3, Fitness Ro Good 07/01/2018 07/01/2023 4:06 5:00 1 10,000.00 11,422.67

$ 10,000.00 $ 11,422.67

Comments

Replace or Repair as Necessary

3 Treadmills 2 Ellipticals 2 Stationary Bikes (2 styles)






Fitness Equipment – Replace

Item Number 18Type Common AreaCategory Fitness EquipmentMeasurement Basis AllowEstimated Useful Life 5 YearsBasis Cost $ 3,000.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostLevel 3, Fitness Ro Average 07/01/2018 07/01/2023 4:06 5:00 1 3,000.00 3,426.80

$ 3,000.00 $ 3,426.80

Comments

Allowance for the Replacement or Repair of Fitness Equipment

5 weight balls w/stand 24 free weights w/stand 2 adjustable weight benches 5 weight machines 1 vertical push-up bench 1 stretching bench






Carpeting - Replace

Item Number 19Type Common AreaCategory FlooringMeasurement Basis SFEstimated Useful Life 15 YearsBasis Cost $ 7.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostCorridors levels 2 - Good 07/01/2013 07/01/2028 9:06 15:00 16,561 115,927.00 153,510.55

$ 115,927.00 $ 153,510.55

Comments


Carpets were replaced in late 2013, so they will not need replacing again for at least 10 years.






Fitness Room Flooring – Replace


Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostLevel 3 Fitness Ro Good 07/01/2016 07/01/2026 7:06 10:00 1,130 11,300.00 14,104.50Level 3 Fitness Ro Good 07/01/2016 07/01/2026 7:06 10:00 37.5 375.00 468.07

$ 11,675.00 $ 14,572.57

Comments

Replace as Necessary both Rubber and Wood Floor as Needed

The fitness room has rubber safety flooring and an area of wood flooring as well. 1,130 sq. ft. rubber flooring 375 sq. ft. wood flooring Total: 1,505 sq. ft.






Floor Tile & Stone – Replace


Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostMain Lobby Good 07/01/2013 07/01/2043 24:06 30:00 1,420 17,040.00 35,154.55Parking Level 1 Average 07/01/2014 07/01/2044 25:06 30:00 420 5,040.00 10,709.76Parking level 2 Average 07/01/2014 07/01/2044 25:06 30:00 368 4,416.00 9,383.79Parkig Level 3 Average 07/01/2015 07/01/2045 26:06 30:00 398 4,776.00 10,453.24Parking Level 4 Average 07/01/2015 07/01/2045 26:06 30:00 448 5,376.00 11,766.46

$ 36,648.00 $ 77,467.80

Comments

Replace Tile and Stone over 3 years in 4 sections

Main lobby - 1,420 sq. ft. Parking Level 1 - 420 sq. ft. Parking Level 2 - 368 sq. ft. Parking Level 3 - 398 sq. ft. Parking Level 4 - 448 sq. ft.






Lobby Furnishings – Replace

Item Number 22Type Common AreaCategory FurnitureMeasurement Basis JobEstimated Useful Life 15 YearsBasis Cost $ 17,500.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostLevel 1 Lobby and Good 07/01/2010 07/01/2025 6:06 15:00 1 17,500.00 21,207.04

$ 17,500.00 $ 21,207.04

Comments

Replace Furnishings as Necessary

4 chairs 1 coffee table 2 end tables 1 floor rug 8 ’ x 10’ 3 benches 8’ 2 plants 1 large painting






Social Room Furnishings – Replace

Item Number 23Type Common AreaCategory FurnitureMeasurement Basis JobEstimated Useful Life 15 YearsBasis Cost $ 17,500.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostLevel 2 Social Roo Good 07/01/2016 07/01/2031 12:06 15:00 1 17,500.00 25,322.31

$ 17,500.00 $ 25,322.31

Comments


L-shaped couch 2 padded chairs 2 end tables w/lamps 1 coffee table 1 rectangular table 1 floor rug 12’ x 14’ 4 round tables 16 chairs 8 paintings






Boilers - Replace

Item Number 24Type Common AreaCategory HVACMeasurement Basis EachEstimated Useful Life 20 YearsBasis Cost $ 40,000.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostLevel 21 Mechanic 07/01/2016 07/01/2036 17:06 20:00 2 80,000.00 134,196.57

$ 80,000.00 $ 134,196.57

Comments


2 - Aerco Benchmark 3.0 Low NOx, 1,000,000 BTU






Cooling Tower System - Replace



$ 100,000.00 $ 194,463.26

Comments


Manufacturer: Baltimore Aircoil Company Model #PT2-0709A-1J2






Heat Pumps - Common Areas - Replace


Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostFitness Room Good 07/01/2016 07/01/2036 17:06 20:00 1 8,000.00 13,419.66Entry Vestibule Good 07/01/2016 07/01/2036 17:06 20:00 1 8,000.00 13,419.66Room 104 Good 07/01/2016 07/01/2036 17:06 20:00 1 8,000.00 13,419.66Room S322 Good 07/01/2016 07/01/2036 17:06 20:00 1 8,000.00 13,419.66Social Room Good 07/01/2017 07/01/2037 18:06 20:00 1 8,000.00 13,822.25Elevator Machine Good 07/01/2017 07/01/2037 18:06 20:00 1 8,000.00 13,822.25Level 22 Elevator Good 07/01/2017 07/01/2037 18:06 20:00 2 16,000.00 27,644.49

$ 64,000.00 $ 108,967.63

Comments

Replace 8 units over 2 years in sections

1 - Fitness Room (ceiling) 1 - Entry Vestibule (in P1 ceiling) 1 - Room M104 off main lobby (high ceiling) 1 - Room S322 off Event Room kitchen (ceiling) 1 - Social Room (ceiling above kitchen) 1 - Elevator Machine Room M215 - level 2 2 - Level 22 Elevator Machine <Room (Bard wall units)






Make-Up Air Unit - Replace



$ 60,000.00 $ 135,261.73

Comments


Manufacturer: Munters Model # PV-MZP-8730-PVX






Variable Frequency Drives - Replace


Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostLevels 21, 3, P2 Good 07/01/2016 07/01/2031 12:06 15:00 6 9,000.00 13,022.90Levels 21, 3, P2 Good 07/01/2018 07/01/2033 14:06 15:00 5 7,500.00 11,513.33

$ 16,500.00 $ 24,536.23

Comments

Replace as Necessary 6 units then 5 units 2 years later

Level 3, Room S322 off of Event Room Kitchen. Quantity - 2 Level 21, Mechanical Area. Quantity - 6 Parking Level 2, Room MP216 Domestic Water booster pumps. Quantity - 3






Social Room Kitchen – Remodel

Item Number 28Type Common AreaCategory KitchenMeasurement Basis JobEstimated Useful Life 20 YearsBasis Cost $ 8,000.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostLevel 2 Social Roo Good 07/01/2016 07/01/2036 17:06 20:00 1 8,000.00 13,419.66

$ 8,000.00 $ 13,419.66

Comments

Remodel as Necessary

Kitchen has cabinets, countertop, sink, dishwasher & built-in refrigerator






Landscape Planters

Item Number 29Type Common AreaCategory LandscapeMeasurement Basis AllowEstimated Useful Life 3 YearsBasis Cost $ 2,000.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostTerrace Average 07/01/2017 07/01/2020 1:06 3:00 1 2,000.00 2,090.67

$ 2,000.00 $ 2,090.67

Comments

Allowance for the Replacement, Removal and re-planting of trees and bushes






Landscape Rock

Item Number 30Type Common AreaCategory LandscapeMeasurement Basis AllowEstimated Useful Life 7 YearsBasis Cost $ 1,000.00Tracking LogisticalMethod Fixed


$ 1,000.00 $ 1,142.27

Comments

Allowance for the Replenishment of Rock and Spreading






Interior Light Fixtures – Replace

Item Number 31Type Common AreaCategory LightingMeasurement Basis AllowEstimated Useful Life 5 YearsBasis Cost $ 2,000.00Tracking LogisticalMethod Fixed


$ 2,000.00 $ 2,153.39

Comments

Allowance for the Replacement of various different interior light fixtures every 5 years

Specialty light fixtures in: Lobby 3 Mailbox area 7 Social Room 4 Level 1 elevator lobby 5 Unit number lights by condo doors 150 Recessed ceiling lights in lobbies & corridors to be maintained as an operating expense.






Mailboxes – Replace

Item Number 32Type Common AreaCategory MailboxesMeasurement Basis JobEstimated Useful Life 25 YearsBasis Cost $ 12,000.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostLevel 1 Good 07/01/2016 07/01/2041 22:06 25:00 1 12,000.00 23,335.59

$ 12,000.00 $ 23,335.59

Comments


159 Mailboxes 16 Parcel boxes 1 HOA Payment drop box






Parapet Vents

Item Number 33Type Common AreaCategory Mechanical EquipmentMeasurement Basis AllowEstimated Useful Life 20 YearsBasis Cost $ 10,000.00Tracking LogisticalMethod Fixed


$ 10,000.00 $ 16,774.57

Comments

Allowance for Replacement or Repair






Roof-Mounted Davits/Swing Stage

Item Number 34Type Common AreaCategory Mechanical EquipmentMeasurement Basis EachEstimated Useful Life 25 YearsBasis Cost $ 9,000.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostLevels 21 & 22 roo Good 07/01/2016 07/01/2041 22:06 25:00 4 36,000.00 70,006.77

$ 36,000.00 $ 70,006.77

Comments

Replace as Necessary. Cost is for replacement of the Davits only. Swing stage not included.






BAC corrosion Cleaning or vent grate replacement

Item Number 35Type Common AreaCategory MechanicalsMeasurement Basis AllowEstimated Useful Life 5 YearsBasis Cost $ 2,500.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostLevel 21 mechanic Fair 07/01/2014 07/01/2019 0:06 5:00 1 2,500.00 2,537.22

$ 2,500.00 $ 2,537.22

Comments

Allowance for the Cleaning, Removal or Replacement of Corrosion on Air Handler Grates






Manager Office Computers/Printer/Shredder

Item Number 36Type Common AreaCategory Office EquipmentMeasurement Basis AllowEstimated Useful Life 8 YearsBasis Cost $ 2,500.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostAdmin Office Good 07/01/2016 07/01/2024 5:06 8:00 1 2,500.00 2,941.34

$ 2,500.00 $ 2,941.34

Comments

Allowance for the Repair or Replacement of Office Computer,Printer,Shredder






Interior Surfaces - Patch & Re-paint

Item Number 37Type Common AreaCategory PaintingMeasurement Basis SFEstimated Useful Life 10 YearsBasis Cost $ 1.25Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostFitness Romm Good 07/01/2016 07/01/2026 7:06 10:00 1,441 1,801.25 2,248.29Parking Elevator L Good 07/01/2016 07/01/2026 7:06 10:00 5,560 6,950.00 8,674.89Admin Office Good 07/01/2016 07/01/2026 7:06 10:00 360 450.00 561.68Social Room Good 07/01/2017 07/01/2027 8:06 10:00 2,020 2,525.00 3,246.22Trash Chute Room Good 07/01/2017 07/01/2027 8:06 10:00 5,000 6,250.00 8,035.20Hallways Good 07/01/2018 07/01/2028 9:06 10:00 59,940 74,925.00 99,215.70Stairways Good 07/01/2018 07/01/2028 9:06 10:00 25,000 31,250.00 41,381.25

$ 124,151.25 $ 163,363.23

Comments

Repaint and patch several sections over 3 year period

Fitness Room 1,441 sq. ft. Parking Elevator Lobbies 5,560 sq. ft. Office 360 sq. ft. Social Room 2,020 sq. ft. Trash Chute Rooms 5,000 sq. ft. Hallways 59,940 sq.ft Stairways 25,000 sq. ft.






Stair Railings/Fence-Balcony Rails

Item Number 38Type Common AreaCategory PaintingMeasurement Basis JobEstimated Useful Life 25 YearsBasis Cost $ 1,500.00Tracking LogisticalMethod Fixed


$ 1,500.00 $ 2,916.95

Comments

Re-paint as Necessary






Wood Paneling - Refinish

Item Number 39Type Common AreaCategory PaintingMeasurement Basis SFEstimated Useful Life 25 YearsBasis Cost $ 13.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostLobby Good 07/01/2016 07/01/2041 22:06 25:00 1,170 15,210.00 29,577.86Fitness Room Good 07/01/2016 07/01/2041 22:06 25:00 156 2,028.00 3,943.71Levels 2-20 Good 07/01/2018 07/01/2043 24:06 25:00 5,804 75,452.00 155,662.06

$ 92,690.00 $ 189,183.63

Comments

Refinish as Necessary over 2 years in sections<Lobby - 1170 sq. ft. Fitness Room - 156 sq. ft. Elevator lobby art walls & woodwork around condo doors, levels 2 thru 20 - 5,804 sq. ft. Average cost is based on similar projects completed in other buildings. Does not include refinishing woodwork in Social Room or in elevator cabs.






Backflow Valve

Item Number 40Type Common AreaCategory PlumbingMeasurement Basis AllowEstimated Useful Life 5 YearsBasis Cost $ 750.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostMechanical Room Average 07/01/2016 07/01/2021 2:06 5:00 1 750.00 807.52

$ 750.00 $ 807.52

Comments

Allowance for Repair or Replacement






Commercial Water-Heaters - Replace

Item Number 41Type Common AreaCategory PlumbingMeasurement Basis EachEstimated Useful Life 12 YearsBasis Cost $ 10,000.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostLevel 21 Mechanic Good 07/01/2016 07/01/2028 9:06 12:00 2 20,000.00 26,484.00Level 21 Mechanic Good 07/01/2018 07/01/2030 11:06 12:00 2 20,000.00 28,096.88

$ 40,000.00 $ 54,580.88

Comments

Replace as Necessary budgeted at 2 in 2028 and 2 in 2030

4 - Bradford White 100 gallon ultra-high efficiency gas water heaters, 300,000 BTU, Model EF100T300E3NA2






Culligan Water Treatment

Item Number 42Type Common AreaCategory PlumbingMeasurement Basis AllowEstimated Useful Life 10 YearsBasis Cost $ 3,500.00Tracking LogisticalMethod Fixed


$ 3,500.00 $ 3,500.00

Comments

Allowance for Repair or Replacement of Tanks or Components






Expansion Tanks - Replace


Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostLevels 21, 12, 4 Good 07/01/2013 07/01/2033 14:06 20:00 1 2,500.00 3,837.78Levels 21, 12, 4 Good 07/01/2014 07/01/2034 15:06 20:00 1 2,500.00 3,952.91Levels 21, 12, 4 Good 07/01/2015 07/01/2035 16:06 20:00 1 2,500.00 4,071.50Levels 21, 12, 4 Good 07/01/2016 07/01/2036 17:06 20:00 1 2,500.00 4,193.64Levels 21, 12, 4 Good 07/01/2017 07/01/2037 18:06 20:00 1 2,500.00 4,319.45Levels 21, 12, 4 Good 07/01/2018 07/01/2038 19:06 20:00 1 2,500.00 4,449.04Levels 21, 12, 4 Good 07/01/2018 07/01/2038 19:06 20:00 1 2,500.00 4,449.04

$ 17,500.00 $ 29,273.36

Comments

Replace as Necessary staggered over 5 years

Level 21 Mechanical. Quantity - 5 Level 12, Room U1200K. Quantity - 1 Level 4, Room U400k. Quantity - 1 Various sizes.






Pumps - Partial Replace


Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostLevel 21 Mechanic Average 07/01/2016 07/01/2021 2:06 5:00 1 15,000.00 16,150.44

$ 15,000.00 $ 16,150.44

Comments

Allowance for the Repair or Replacement of Pumps in various sizes

Level 21 Mechanical - 9 pumps, various sizes P2 Room MP216 - 3 domestic water pumps






Re-circulating Water-Heaters - Replace



$ 6,750.00 $ 8,938.35

Comments


3 - Bradford White 20 gallon 480 volt electric water heaters, maximum water temp 180°, Model 20A-9-3-103F-AA






Roof Drains/Downspouts


Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostRoof Average 07/01/2016 07/01/2019 0:06 3:00 1 2,000.00 2,029.78

$ 2,000.00 $ 2,029.78

Comments

Allowance for the Repair, Replacement or cleaning of Roof Drains






Sump Pumps


Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostBuilding Interior Average 07/01/2016 07/01/2019 0:06 3:00 1 2,000.00 2,029.78

$ 2,000.00 $ 2,029.78

Comments

Allowance for the Repair or replacement of Sump Pumps, Pit Cleaning






Terrace Drains

Item Number 48Type Common AreaCategory PlumbingMeasurement Basis AllowEstimated Useful Life 4 YearsBasis Cost $ 750.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostTerrace Landscape Good 07/01/2016 07/01/2020 1:06 4:00 1 750.00 784.00

$ 750.00 $ 784.00

Comments

Allowance for Replacement, Repair and cleaning






Restrooms – Remodel

Item Number 50Type Common AreaCategory RestroomsMeasurement Basis EachEstimated Useful Life 20 YearsBasis Cost $ 4,000.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostLevels 2 Good 07/01/2016 07/01/2036 17:06 20:00 2 8,000.00 13,419.66Level 3 Good 07/01/2017 07/01/2037 18:06 20:00 2 8,000.00 13,822.25

$ 16,000.00 $ 27,241.91

Comments

Remodel as Necessary 1st Level 2 then Level 3 the following year






Flat roof - replace

Item Number 51Type Common AreaCategory RoofMeasurement Basis SFEstimated Useful Life 15 YearsBasis Cost $ 8.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostLevel 4 East & We Average 07/01/2013 07/01/2028 9:06 15:00 2,400 19,200.00 25,424.64Level 21 Average 07/01/2014 07/01/2029 10:06 15:00 8,146 65,168.00 88,884.34Level 22 Average 07/01/2015 07/01/2030 11:06 15:00 6,934 55,472.00 77,929.50

$ 139,840.00 $ 192,238.48

Comments

Replace Flat Roof in sections over 3 years

Level 4, east & west - 2,400 sq. ft. Level 21 - 8,146 sq. ft. Level 22 - 6,934 sq. ft.






Flat Roof- Terrace Blocks - Replace

Item Number 52Type Common AreaCategory RoofMeasurement Basis SFEstimated Useful Life 20 YearsBasis Cost $ 7.25Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostLevel 3 Terrace Average 07/01/2013 07/01/2033 14:06 20:00 1,148 8,323.00 12,776.73Level 4 West Terra Average 07/01/2014 07/01/2034 15:06 20:00 1,490 10,802.50 17,080.53Level 4 East Terrac Average 07/01/2015 07/01/2035 16:06 20:00 1,000 7,250.00 11,807.34Level 20 Condo Ea Average 07/01/2016 07/01/2036 17:06 20:00 700 5,075.00 8,513.09

$ 31,450.50 $ 50,177.69

Comments

Replace Terrace Block roof over 4 years in sections

Level 3 terrace around the pool 1,148 sq. ft. Level 4 west and east condo terraces West - 1,490 sq. ft. East - 1,000 sq. ft. Level 20, Condo #2002 east side terrace 700 sq. ft.






Parapet Grates

Item Number 53Type Common AreaCategory RoofMeasurement Basis AllowEstimated Useful Life 15 YearsBasis Cost $ 2,500.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostRoof Good 07/01/2016 07/01/2031 12:06 15:00 1 2,500.00 3,617.47

$ 2,500.00 $ 3,617.47

Comments

Allowance for Repair or Replacement






Roof Hatch

Item Number 54Type Common AreaCategory RoofMeasurement Basis JobEstimated Useful Life 25 YearsBasis Cost $ 2,500.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostRoof Good 07/01/2013 07/01/2038 19:06 25:00 1 2,500.00 4,449.04

$ 2,500.00 $ 4,449.04

Comments

Replace as necessary






Trash Chute-Enclosure

Item Number 55Type Common AreaCategory SanitationMeasurement Basis AllowEstimated Useful Life 3 YearsBasis Cost $ 2,500.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostBuilding Interior Average 07/01/2016 07/01/2019 0:06 3:00 1 2,500.00 2,537.22

$ 2,500.00 $ 2,537.22

Comments

Allowance for the Repair or Replacement of Trash Chutes and Trash enclosure






Keyscan Card Access System

Item Number 56Type Common AreaCategory SecurityMeasurement Basis AllowEstimated Useful Life 12 YearsBasis Cost $ 1,000.00Tracking LogisticalMethod Fixed


$ 1,000.00 $ 1,324.20

Comments


Elevator Machine Room M2200A - 3 Room C125 on P1 - 3 Off the Fitness Room - S323A - 4 Software is on manager’s computer.






VIDEO Camera System – Upgrade

Item Number 57Type Common AreaCategory SecurityMeasurement Basis AllowEstimated Useful Life 10 YearsBasis Cost $ 1,500.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostBuilding/Parking Good 07/01/2016 07/01/2026 7:06 10:00 1 1,500.00 1,872.28

$ 1,500.00 $ 1,872.28

Comments

Allowance for the Replacement and or Repair of Cameras and System

Cameras located in elevator lobbies on parking levels P1, P2, P3, P4 and in entry vestibule and elevator lobby on level 1, in 2 corridors leading to the pool area on level 3, and in the hallway leading to the maintenance office on level 4. Camera software installed on Manager ’s computer.






Panel & Window Caulking - Replace

Item Number 58Type Common AreaCategory WindowsMeasurement Basis AllowEstimated Useful Life 8 YearsBasis Cost $ 25,000.00Tracking LogisticalMethod Fixed

Service Replace Rem Adj Current FutureLocation Desc. Condition Date Date Life Life Quantity Cost CostBuilding Exterior Average 07/01/2016 07/01/2024 5:06 8:00 1 25,000.00 29,413.37

$ 25,000.00 $ 29,413.37

Comments

Allowance for the Re-sealing, Caulking and Repair of Panels and Windows



Documents

SAMPLE REPORT FOR RS Reserve Management Plan Type 1 …€¦ · of SAMPLE REPORT FOR RS by helping them identify key factors, develop assumptions, gather and assemble information,