2019-20 Reserve Study Update

This report has been prepared exclusively for:

Turnbull Creek Community Development District
101 East Positano Avenue
St. Augustine, Florida 32092

Report No: 6537 Version 2 For the Period
From: October 1, 2019 To: September 30, 2020

Table of Contents

Introduction

1 - 1	Letter of Introduction

1 - 2	Summary of Recommendation & Findings 1 - 3	Report Process
1 - 4	Reserve Study Accounting Explanation 1 - 5	Report Definitions / Unit Abbreviations 1 - 6	Company Information / Update Reports 1 - 7	Terms and Conditions
1 - 8	Report Notes

Graphs

2 - 1	Charts & Graphs

Straight Line Plan / Component Schedule

3 - 1	Straight Line Plan Summary

3 - 2	Straight Line Plan / Component Schedule

Pooled Cash Flow

4 - 1	30 Year Pooled Cash Flow Plan

Section 1
Introduction

This section of the report includes a cover letter, report definitions and terminology used as well as information such as any Federal, State and local governing laws or regulations. Also included in this section are this report's terms and conditions as well as this Company's background.

October 3, 2019

Board of Directors
Turnbull Creek Community Development District 101 East Positano Avenue
St. Augustine, Florida 32092

Re: Reserve Study Update Report

As authorized, this reserve study update report has been prepared on the Turnbull Creek Community Development District property, located at 101 East Positano Avenue in St. Augustine, Florida. A summary of our recommendations and findings can be found on the next page.

Your report has been divided into sections for easier referencing. This first section titled “INTRODUCTION” includes all of your general information such as report definitions, accounting formulas used, statutory requirements, etc.

Section two of the report titled "GRAPHS" shows in graph form the reserve schedules we have calculated and should give you a better understanding of the numbers.

In this report we have taken two approaches to calculating the 2019-20 reserve contribution amount. Section three titled "SCHEDULE" uses straight line accounting method. This schedule will give you the recommended 2019-20 straight line contribution amount.

Section four titled "CASH FLOW" calculates the annual contribution amount based on a thirty year positive cash flow. The total recommended 2019-20 contribution amount using this method is based on pooling all of the reserve funds and creating one general reserve fund. For further explanation of these two funding methods, please refer to the “Reserve Study Accounting” page in section 1.

Thank you for allowing my Company the opportunity of serving you and your Association. Upon your review of this report, should there be any questions, please do not hesitate to contact me.

Prepared By,

D.J. Muehlstedt, Jr.

Sr. Reserve Analyst/Insurance Appraiser Reviewed By,

Dreux Isaac President

Summary of Recommendations and Findings

1. General Information

Property Name:
Property Location:	Turnbull Creek Community Development
St. Augustine, Florida	District		
Property Number:	5235	Report Run Date:	10/03/2019	
Property Type:	Other	Report No:	6537 Version 2	
Total Units:	959	Budget Year Begins:	10/01/2019	
Phase:	Phase 1 (1 of 1)	Budget Year Ends:	09/30/2020	

2. Report Findings		
Total number of categories set up in reserve schedule:	7	
Total number of components scheduled for reserve funding:	210	
Total current cost of all scheduled reserve components:	$2,566,688	
Estimated Beginning Year Reserve Balance:	$147,306	
Total number of components scheduled for replacement in the 2019-20 Budget Year:	23	
Total cost of components scheduled for replacement in the 2019-20 Budget Year:	$222,509	
3. Straight Line Reserve Funding Plan Analysis		
Current Annual Reserve Funding Contribution Amount:	$207,081	
Recommended Annual Reserve Funding Contribution Amount:	$444,252	
Increase (decrease) between Current & Recommended Contribution Amounts:	$237,171	
Increase (decrease) between Current & Recommended Contribution Amounts:	114.53%	
4. 30 Year Pooled Cash Flow Funding Plan Analysis		
Current Annual Reserve Funding Contribution Amount:	$207,081	
Recommended 2019-20 Reserve Funding Contribution Amount:	$211,620	
Recommended 2019-20 Planned Special Assessment Amount:	$0	
Total 2019-20 Reserve Funding and Planned Special Assessment Amount:	$211,620	
Increase (decrease) between Current & Recommended Contribution Amounts:	$4,539	
Increase (decrease) between Current & Recommended Contribution Amounts:	2.19%	

Report Process

The purpose of this report is to provide Turnbull Creek Community Development District with specific information necessary in establishing a capital reserves program for the current budget year beginning October 1, 2019 and ending September 30, 2020.

The process of preparing this report began with an evaluation of the previous reserve study report prepared by this company. In doing so we talked and corresponded with management and personnel, and reviewed all reserve related work that had been done on the property since our last contact.

Replacement cost values have been adjusted to reflect current economic conditions. These economic conditions were determined through a combination of local contractor information, bid proposals, our own database of construction costs and published construction cost indexes.

Remaining lives were then adjusted according to schedule, except in cases where it was determined that a particular component’s life should be extended or reduced by a greater amount based on its’ condition.

Based on the latest available financial records, projections were made as to what the Association's end of year reserve balances would be. However, accumulating interest on the varying reserve balance amounts and/or unplanned expenditures may cause the actual end of year reserve balances to differ from what is presented in this report.

Reserve Study Accounting

This reserve study report calculates the annual reserve contribution using two methods. These are as follows:

Straight Line Funding Plan

This plan utilizes straight line accounting formulas. Straight line accounting is based on current costs and neither interest or inflation are factored into the calculations.

Straight line accounting takes each individual component line item in the reserve schedule breakdown and computes its' annual contribution amount by taking its' unfunded balance (current replacement cost minus projected year end reserve balance) and divides it by the component's remaining life. This is the amount that should be contributed into the reserves accounts over the component's remaining life.

30 Year Pooled Cash Flow Plan

To calculate the annual contribution amount using this method, a thirty year cash flow analysis is performed to determine that there will be adequate reserve funds on deposit as the reserve components of the property age and are repaired and/or replaced.

This analysis takes the total beginning year reserve balance along with the projected annual reserve expenditures over a thirty year period, and through pooling of all of the reserve funds and creating one general reserve fund, arrives at an annual contribution amount so as to provide a positive cash flow and adequate reserve account balance over the next thirty years.

Unlike straight line accounting, the numbers calculated in the thirty year cash flow plan factor in both interest and inflation as well as any annual contribution increases.

Report Definitions

Reserves
Monies set aside for the projected repair and/or replacement of the associations common elements.

Component
A specific item or element which is part of the association's common area assets and is considered to require reserve funding.

Quantity
The quantity or amount of each reserve component element.

Units
The unit of measurement for each quantity.

Cost Per Unit
The estimated cost to replace a reserve component per unit of measurement.

Current Cost
The estimated current cost to replace a reserve component.

Useful Life
The total average estimated life, in years, of a component to maintain its useful purpose.

Remaining Life
The estimated remaining useful life, in years, of a reserve component as of the current budget year.

09/30/2019 Balance
A projection of estimated reserve funds at the end of the previous budget year.

Unfunded Balance
The total remaining amount of reserve funds that are required to fully fund a component. Calculated by subtracting the component's current replacement cost from its' year-end reserve balance.

2019-20 Contribution
This is the total annual contribution amount for the current budget year calculated by dividing every component's unfunded balance by its' remaining life.

Unit Abbreviations

Sq Ft - Square Feet	Lp Sm - Lump Sum	Dbl Ct - Double Tennis Court	
Ln Ft - Linear Feet	Allow - Allowance	Court - Court	
Each - Each	Hp - Horsepower	Units - Units	
Sq Yds - Square Yards	Cu Ft - Cubic Feet	Cu Yds - Cubic Yards	
Kw - Kilowatts	Pair - Pair	Squares - Squares (roofing)	

Company Information

Since 1989 Dreux Isaac & Associates has been serving community associations, businesses, private clubs and non-profit organizations throughout Florida and the Southeast United States by performing reserve studies, insurance appraisals and turnover reports.

Experience - We have inspected and prepared thousands of reserve studies and insurance appraisals for all sizes and types of communities, located in large cities, small towns, resort areas and remote islands.

Training - All technical work is performed by professionals with backgrounds in engineering or architecture.

Accuracy - All our reports are based on local data and conditions which we continuously monitor.

Understandability - We’re numbers people, but many who read and use our reports are not. So we summarize the data and present it to you in a way that is clear and logical.

Compliance - The reports we prepare will comply with all governing regulations for your association.

Safety - We carry errors and omissions, liability and workers compensation insurance.

Update Reports

Inflation, labor rates, material availability, taxes, insurance and asset lives are just but a few of the ever changing variables addressed in your reserve study report.

It is important that you keep your reserve plan on target with annual update reports. Since the initial calculations on the property have now been performed, we can offer this service to you (with or without site re-inspection) at just a percentage of the cost of your "First Time" reserve study.

We recommend annual update reports (without site re-inspection) for the first three years following your 1st time reserve study. In performing these reports, we will take the information from your computer file and calculate current replacement cost values, asset lives and financial figures based on the latest available information.

Then in the fourth year we suggest making a brief site re-inspection to observe the present physical condition of your reserve components to determine if any adjustments should be made to the remaining life expectancies, or unit costs of each component. Once completed we can then repeat this four year cycle of your reserve program for as long as you wish. By following this recommended plan, your reserve program will have the most accurate information available each year from which you can make sound budget decisions.

To make this process easier, we can set you up on our three year automatic update service to make sure you do not miss an update. To get started just contact us at 800-866-9876 or update@dia-corp.com.

Terms and Conditions

Dreux Isaac & Associates, Inc. uses various sources to accumulate data on construction material and labor prices in order to arrive at its’ opinion of cost. The information obtained from these sources is considered to be correct and reasonable, but is not guaranteed. No liability is assumed as a result of inaccuracies or errors in such information or estimates, although reasonable efforts have been made to confirm them.

Unless noted, each component cost is based on replacing that component as a complete unit at one time.

While all cost data is believed to be accurate and reliable to within reasonable limits, other factors such as inflation, availability of materials and qualified personnel and/or acts of nature as well as catastrophic conditions, could significantly affect current prices.

No consideration has been given to labor bonuses; material premiums; additional costs to conform property replaced to building codes, ordinances or other legal restrictions; or the cost of demolition in connection with replacement or the removal of destroyed property. No value of land has been included.

We have no present or contemplated future interest in the property that is the subject of this report and that we have no personal interest or bias with respect to the subject matter of this report or the parties involved.

We certify that neither the employment to prepare this report, nor the compensation, is contingent upon the estimates of value contained herein.

In the event that complete construction plans/blueprints were not available for use in the completion of this report, assumptions were made regarding unseen construction components, based on our experience with properties similar to the subject. In the event that these assumptions are in error, we reserve the right to modify this appraisal, including value conclusions.

Information, estimates, and opinions furnished and contained in the report, were obtained from sources considered reliable and are believed to be true and correct. However, for accuracy of such items furnished we can assume no responsibility.

Our assessment of the useful and remaining lives and/or physical condition of the assets described within has been based upon visual inspection. No testing has been performed. No warranty is made and no liability is assumed for the soundness of the structure or its components.

The report data derived and expressed within is not applicable to any other property regardless of similarity.

The authors of this report shall not be required to give testimony or appear in court or at any administrative proceeding relating to this report, unless this report is, by agreement, made in anticipation of litigation.

The liability of Dreux Isaac & Associates, Inc., the author(s) of this report, and any other employees of Dreux Isaac & Associates, Inc. is limited in total to the fee collected for preparation of this report.

According to the best of our knowledge and belief, the statements of fact contained in this report which are used as the basis of the analysis, opinions and conclusions stated herein, are true and correct.

Acceptance of, and/or use of, this report constitutes acceptance of the above conditions.

Report Notes

Allowances established in the current reserve schedule are based on what is typically observed at other similar properties. These allowance lives and costs are subjective in nature and can be adjusted in a future update report to better reflect this particular property once a documented history and frequency of spending is better known for each of the asset allowances as currently shown in this reserve schedule.

On the straight line plan summary page the range of useful life and remaining life numbers shown on this "Reserve Schedule Summary" page reflect the minimum and maximum life expectancies of the individual items within each category.

Section 2
Graphs

This section of the report shows in graph form the summary of our findings and compares those findings to both current and ideal values. The purpose of these graphs is to give you a better understanding and comprehension of the numbers contained in the report.

The values represented in these graphs can be traced to the schedules found in sections 3 (Schedule) and 4 (Cash Flow) of the report.

Chart A
2019-20 Current Reserve Component Costs

237,678 (9.26%)
Furniture, Fixtures & Equipment

123,778 (4.82%)
Roofs	23,466
(0.91%)
Painting & Waterproofing

190,261 (7.41%)
Paving
32,594 (1.27%)
Mechanical & Electrical
124,667 (4.86%)
Misc Building Components

1,834,244 (71.46%)
Misc Site Improvements

147,306

Chart B

1,316,336

2019-20 Actual vs. 100% Funded Straight Line Reserve Balances

Estimated 2019-20 Beginning Year Balances

100% Funded Straight Line 2019-20 Beginning Year Balances
Actual beginning year balances are estimates only based on the latest financial information.

100% funded beginning year balances are based on straight line accounting formulas.

207,081

444,252

211,620

2019-20 Funding Contribution Comparisons

2018-19 Annual Contribution

Proposed 2019-20 Straight Line Contribution Proposed 2019-20 Cash Flow Plan Contribution

Proposed 2019-20 Straight Line Contribution = Unfunded Balance / Remaining Life

30 Year Pooled Cash Flow Plan

0

0

0

0

0

0

276,866

282,876

289,016

295,282

211,620
0

230,796

257,226

0

Thousands

1,600

1,40

1,20

1,00

80

60

40

20

Beginning Year Balance	Annual Expenditures	Annual Contribution

Section 3
Schedule

This section of the report utilizes straight line accounting formulas. Straight line accounting is based on current costs and neither interest or inflation are factored into the calculations.

Straight line accounting takes each individual line item component listed in the reserve schedule breakdown and computes its annual contribution amount by taking its unfunded balance (current replacement cost minus projected year end reserve balance) and divides it by the component's remaining life. This is the amount that should normally be contributed into the reserve accounts over the component's remaining life.

Straight Line Plan Summary

Description	Current
Cost	Useful
Life	Remg Life	9/30/2019
Balance	Unfunded Balance	2019-20
Contribution	
Roofs	
123,778	
20-30	
7-17	
0	
123,778	
10,589	

Painting & Waterproofing	
23,466	
7-8	
3-7	
0	
23,466	
6,874	

Paving	
190,261	
10-30	
2-17	
0	
190,261	
66,293	

Mechanical & Electrical	
32,594	
12-30	
1-17	
13,547	
19,047	
8,313	

Misc Building Components	
124,667	
8-24	
1-11	
531	
124,136	
16,108	

Misc Site Improvements	
1,834,244	
1-40	
1-27	
128,957	
1,705,287	
307,435	

Furniture, Fixtures & Equipment	
237,678	
4-25	
1-10	
4,271	
233,407	
28,640	
Grand Total	
2,566,688			
147,306	
2,419,382	
444,252	

Straight Line Plan Detail
Description	Quantity	Units	Cost	Current	Useful	Remg	9/30/19	Unfunded	2019-20	
			Per Unit	Cost	Life	Life	Balance	Balance	Contribution	
										
Roofs										
Roof, Concrete Barrel Tile - Amenity Center	57	Squares	1,019.00	58,083	25	12	0	58,083	4,840	
Roof, Concrete Barrel Tile - Mail Pavilion Pescara	9	Squares	1,019.00	9,171	25	12	0	9,171	764	
Roof, Concrete Barrel Tile - Mail Pavilion Positano	9	Squares	1,019.00	9,171	25	12	0	9,171	764	
Roof, Concrete Barrel Tile - Mail Pavilion San Giacomo	9	Squares	1,019.00	9,171	25	12	0	9,171	764	
Roof, Concrete Barrel Tile - Pavilion Bandstand	4	Squares	1,019.00	4,076	25	12	0	4,076	340	
Roof, Concrete Barrel Tile - Pavilion Pool Deck	4	Squares	1,019.00	4,076	25	12	0	4,076	340	
Roof, Concrete Barrel Tile - Pavilion San Marino	8	Squares	1,019.00	8,152	25	12	0	8,152	679	
Roof, Concrete Barrel Tile - Water Slide Tower	5	Squares	1,019.00	5,095	25	12	0	5,095	425	
Roof, Metal Panel - Amenity Center	5	Squares	959.00	4,795	30	17	0	4,795	282	
Roof, Metal Panel - Water Slide Tower	4	Squares	959.00	3,836	30	17	0	3,836	226	
Roof, Modified Bitumen - Amenity Center	8	Squares	1,019.00	8,152	20	7	0	8,152	1,165	
Roofs Total	11	Components		123,778	20-30	7-17	0	123,778	10,589	
										
Painting & Waterproofing										
Paint Exterior - Mail Pavilion Pescara	1	Total	1,163.00	1,163	7	5	0	1,163	233	
Paint Exterior - Mail Pavilion Positano	1	Total	1,434.00	1,434	7	7	0	1,434	205	
Paint Exterior - Mail Pavilion San Giacomo	1	Total	1,434.00	1,434	7	5	0	1,434	287	
Paint Exterior - Maintenance Storage Shed	1	Total	433.00	433	7	5	0	433	87	
Paint Exterior - Pavilion Bandstand	1	Total	375.00	375	7	3	0	375	125	
Paint Exterior - Pavilion Pool Deck	1	Total	375.00	375	7	3	0	375	125	
Paint Exterior - Pavilion San Marino	1	Total	1,434.00	1,434	7	7	0	1,434	205	
Paint Exterior - Trash Enclosure	1	Total	212.00	212	7	3	0	212	71	
Paint Exterior - Water Slide Tower	1	Total	2,738.00	2,738	7	3	0	2,738	913	
Paint Exterior and Waterproof - Amenity Center	1	Total	7,167.00	7,167	7	3	0	7,167	2,389	
Paint Interior - Amenity Center	1	Total	6,701.00	6,701	8	3	0	6,701	2,234	
Painting & Waterproofing Total	11	Components		23,466	7-8	3-7	0	23,466	6,874	
										
Paving										
Asphalt Overlay, 1" Milled - Amenity Center Parking	3,692	Sq Yds	12.53	46,261	20	7	0	46,261	6,609	
Asphalt Overlay, 1" Milled - Pescara Parking	1,138	Sq Yds	12.53	14,260	20	7	0	14,260	2,037	
Asphalt Overlay, 1" Milled - Positano Mail Parking	503	Sq Yds	12.53	6,303	20	7	0	6,303	900	
Asphalt Overlay, 1" Milled - San Giacomo Parking	495	Sq Yds	12.53	6,203	20	7	0	6,203	886	
Asphalt Overlay, 1" Milled - San Marino Parking	171	Sq Yds	12.53	2,143	20	7	0	2,143	306	
Asphalt Overlay, 1" Milled - Walking Trail Pescara	4,201	Sq Yds	12.53	52,639	15	2	0	52,639	26,320	
Asphalt Overlay, 1" Milled - Walking Trail San Marino	4,225	Sq Yds	12.53	52,940	15	2	0	52,940	26,470	
Concrete Sidewalk Repair Allowance	1	Total	5,000.00	5,000	10	2	0	5,000	2,500	
Pavers, Interlocking - Pescara to Amenity Center	693	Sq Ft	6.51	4,512	30	17	0	4,512	265	
Paving Total	9	Components		190,261	10-30	2-17	0	190,261	66,293	

Description	Quantity	Units	Cost	Current	Useful	Remg	9/30/19	Unfunded	2019-20	
			Per Unit	Cost	Life	Life	Balance	Balance	Contribution	
										
Mechanical & Electrical										
A/C Air Handler Unit, 5 Ton - Amenity Center	1	Each	4,586.00	4,586	12	1	3,036	1,550	1,550	
A/C Air Handler Unit, 5 Ton - Amenity Center	1	Each	4,586.00	4,586	12	1	3,036	1,550	1,550	
A/C Condensing Unit, 5 Ton - Amenity Center	1	Each	4,645.00	4,645	12	1	3,075	1,570	1,570	
A/C Condensing Unit, 5 Ton - Amenity Center	1	Each	4,645.00	4,645	12	1	3,075	1,570	1,570	
Drinking Fountain, Indoor - Amenity Center	1	Each	1,381.00	1,381	20	7	0	1,381	197	
Drinking Fountain, Outdoor - Amenity Center	3	Each	667.00	2,001	14	1	1,325	676	676	
Lighting Automation Controller Allowance	1	Total	3,000.00	3,000	20	7	0	3,000	429	
Lighting Replacement Allowance, Exterior - Am Ctr	1	Total	3,750.00	3,750	20	7	0	3,750	536	
Plumbing, Backflow Preventer - Amenity Center	1	Each	4,000.00	4,000	30	17	0	4,000	235	
Mechanical & Electrical Total	9	Components		32,594	12-30	1-17	13,547	19,047	8,313	

Misc Building Components		
Access Control, CCTV Surveillance System	1	Total	6,300.00	6,300	8	2	0	6,300	3,150	
Access Control, FOB Reader - Amenity Center	2	Each	3,000.00	6,000	8	6	0	6,000	1,000	
Appliance, Refrigerator - Amenity Center	1	Each	4,000.00	4,000	12	3	0	4,000	1,333	
Appliance, Wall Oven & MW Combo - Amenity Center	1	Each	2,000.00	2,000	16	3	0	2,000	667	
Built-In Cabinets & Counters - Office	1	Total	2,454.00	2,454	24	11	0	2,454	223	
Built-In Cabinets & Counters - Social Kitchen	1	Total	15,220.00	15,220	24	11	0	15,220	1,384	
Finish, Carpet - Office	19	Sq Yds	42.21	802	12	1	531	271	271	
Finish, Clg, 2x2 SAT - Gym	675	Sq Ft	6.17	4,165	24	11	0	4,165	379	
Finish, Clg, 2x2 SAT - Office	170	Sq Ft	6.17	1,049	24	11	0	1,049	95	
Finish, Rubber Tile Floor - Gym	986	Sq Ft	9.89	9,752	10	10	0	9,752	975	
Finish, Tile Floor - Pool/Gym Restrooms	499	Sq Ft	13.00	6,487	24	11	0	6,487	590	
Finish, Tile Floor - Social Rm Restrooms	251	Sq Ft	13.00	3,263	24	11	0	3,263	297	
Finish, Tile Floor - Social Room	1,446	Sq Ft	13.00	18,798	24	11	0	18,798	1,709	
Finish, Tile Walls - Pool/Gym Restrooms	213	Sq Ft	13.00	2,769	24	11	0	2,769	252	
Finish, Tile Walls - Social Rm Restrooms	185	Sq Ft	13.00	2,405	24	11	0	2,405	219	
Restroom Renovation Allowance - Pool/Gym	1	Total	20,194.00	20,194	24	11	0	20,194	1,836	
Restroom Renovation Allowance - Social Room	1	Total	19,009.00	19,009	24	11	0	19,009	1,728	
Misc Building Components Total	17	Components		124,667	8-24	1-11	531	124,136	16,108	

Misc Site Improvements
Amenity Center
Baseball Backstop - Amenity Center	1	Total	4,606.00	4,606	20	7	0	4,606	658	
Basketball Court Backboard & Goal	2	Each	1,400.00	2,800	12	11	0	2,800	255	
Basketball Court Resurfacing, Asphalt Base	5,396	Sq Ft	1.08	5,828	7	7	0	5,828	833	
Bulkhead, PT Wood - Entry Driveway Amenity Center	105	Ln Ft	192.00	20,160	20	7	0	20,160	2,880	
Bulkhead, PT Wood - Pool Deck	173	Ln Ft	192.00	33,216	20	7	0	33,216	4,745	
Fence, Alum Picket - Amenity Center	1	Total	10,000.00	10,000	26	25	0	10,000	400	

Description	Quantity	Units	Cost
Per Unit

Current Cost

Useful Life

Remg Life

9/30/19
Balance

Unfunded	2019-20 Balance Contribution

Fence, Alum Picket, 5' - Pool Deck	493	Ln Ft	72.00	35,496	26	13	0	35,496	2,730	
Fountain, Lake, Pump/Motor - Amenity Center/Positano	1	Each	10,921.00	10,921	15	2	0	10,921	5,460	
Fountain, Lake, Pump/Motor - Amenity Center/Positano	1	Each	10,921.00	10,921	15	8	0	10,921	1,365	
Fountain, Refurb/Equip Allowance - Amenity Center	1	Total	3,000.00	3,000	10	7	0	3,000	429	
Gate, Alum Steel - Pool Equipment	3	Each	1,244.00	3,732	16	3	0	3,732	1,244	
Gate, Alum, 6' x 6' - Trash Enclosure	2	Each	1,395.00	2,790	16	3	0	2,790	930	
Light Fixture, Decorative - Entry Drive Col's Am Ctr	4	Each	829.00	3,316	22	9	0	3,316	368	
Light Pole & Dbl Fixture, Decorative - Amenity Center	3	Each	3,500.00	10,500	26	13	0	10,500	808	
Light Pole & High Intesity Fixture, Alum - Pool Deck	2	Each	3,225.00	6,450	26	13	0	6,450	496	
Light Pole & Sgl Fixture, Decorative - Amenity Center	14	Each	3,338.00	46,732	26	13	0	46,732	3,595	
Light Pole & Sgl Fixture, Decorative - Pool Deck	14	Each	3,338.00	46,732	26	13	0	46,732	3,595	
Lighting, Landscape Uplight, Large - Amenity Center	8	Each	523.00	4,184	15	2	0	4,184	2,092	
Lighting, Landscape Uplight, Large - Pool Deck	5	Each	523.00	2,615	15	2	0	2,615	1,308	
Lighting, Landscape Uplight, Standard - Amenity Ctr	9	Each	350.00	3,150	15	2	0	3,150	1,575	
Lighting, Landscape Uplight, Standard - Pool Deck	6	Each	350.00	2,100	15	2	0	2,100	1,050	
Park, BBQ Grill - Amenity Center	1	Each	386.00	386	6	1	256	130	130	
Park, Bench, 4' Coated Steel - Tennis Court	2	Each	450.00	900	20	7	0	900	129	
Park, Bench, 6' Coated Steel - Amenity Center	2	Each	850.00	1,700	20	7	0	1,700	243	
Park, Picnic Table, Coated Steel - Amenity Center	4	Each	1,150.00	4,600	20	7	0	4,600	657	
Park, Trash Can Holder - Amenity Center	9	Each	275.00	2,475	20	7	0	2,475	354	
Playground Structures - Amenity Center	1	Total	40,000.00	40,000	20	7	0	40,000	5,714	
Pool Deck Brick Pavers - Incl. Covered Entry	15,044	Sq Ft	6.88	103,503	30	17	0	103,503	6,088	
Pool Deck Finish, Acrylic Coating - Bridge	328	Sq Ft	4.22	1,385	10	10	0	1,385	138	
Pool Equipment, Automatic Sanitation Sys, Chlorinator	1	Each	8,000.00	8,000	15	2	0	8,000	4,000	
Pool Equipment, Filtration System	1	Total	60,000.00	60,000	22	9	0	60,000	6,667	
Pool Equipment, Handicap Lift	2	Each	3,500.00	7,000	10	5	0	7,000	1,400	
Pool Equipment, Mushroom Water Feature	1	Total	8,000.00	8,000	15	2	0	8,000	4,000	
Pool Equipment, Pump/Motor/Filter Allowance	1	Total	5,000.00	5,000	4	4	0	5,000	1,250	
Pool Equipment, Slide Replacement	1	Each	100,000.00	100,000	20	7	0	100,000	14,286	
Pool Finish, Ceramic Tile Trim	1	Total	50,000.00	50,000	10	10	0	50,000	5,000	
Pool Finish, Exposed Aggregate	1	Total	100,000.00	100,000	10	10	0	100,000	10,000	
Railing, Alum Picket, 42" - Bridge Pool Deck	88	Ln Ft	88.00	7,744	30	17	0	7,744	456	
Railing, Concrete Balustrade - Entry Drive Amenity Crt	64	Ln Ft	175.00	11,200	40	27	0	11,200	415	
Sail Shade - Playground Amenity Center	1	Total	17,187.00	17,187	16	14	0	17,187	1,228	
Shed, Wood Frame - Maintenance Storage	1	Total	6,400.00	6,400	20	18	0	6,400	356	
Shelter Fabric, Recover - Baseball	280	Sq Ft	14.00	3,920	8	8	0	3,920	490	
Shelter Fabric, Recover - Basketball	280	Sq Ft	14.00	3,920	8	8	0	3,920	490	
Shelter Fabric, Recover - Pool Deck	280	Sq Ft	14.00	3,920	8	8	0	3,920	490	
Shelter Fabric, Recover - Tennis Court	112	Sq Ft	14.00	1,568	8	1	1,038	530	530	
Shelter Frame, Replace - Baseball	280	Sq Ft	15.27	4,276	24	11	0	4,276	389	
Shelter Frame, Replace - Basketball	280	Sq Ft	15.27	4,276	24	11	0	4,276	389	
Shelter Frame, Replace - Pool Deck	280	Sq Ft	15.27	4,276	24	11	0	4,276	389	
Shelter Frame, Replace - Tennis Court	112	Sq Ft	15.27	1,711	16	3	0	1,711	570	

Description	Quantity	Units	Cost
Per Unit

Current Cost

Useful Life

Remg Life

9/30/19
Balance

Unfunded	2019-20 Balance Contribution

Signage Replacement Allowance - Amenity Center	4	Each	1,000.00	4,000	15	1	2,648	1,352	1,352	
Site Column, CBS - Entry Drive Amenity Ctr	4	Each	750.00	3,000	40	27	0	3,000	111	
Site Wall, CBS - Trash Enclosure	201	Sq Ft	30.90	6,211	40	27	0	6,211	230	
Soccer & Lacrosse Goal Allowance	1	Each	2,000.00	2,000	12	1	1,324	676	676	
Stairs, Steel Pan Restoration Allowance - Water Slide	24	Each	512.38	12,298	20	7	0	12,298	1,757	
Tennis Court Fencing, VC Chain Link	1	Total	13,296.00	13,296	22	9	0	13,296	1,477	
Tennis Court Light Pole & Dbl Fixture	3	Each	3,250.00	9,750	22	9	0	9,750	1,083	
Tennis Court Light Pole & Sgl Fixture	6	Each	3,225.00	19,350	22	9	0	19,350	2,150	
Tennis Court Resurfacing, Asphalt	1	Dbl Ct	8,000.00	8,000	7	2	0	8,000	4,000	
Tennis Court Windscreen, 10'	392	Ln Ft	9.11	3,572	4	4	0	3,572	893	
Irrigation, Landscaping, Lake Embankments										
Fence, PVC, 6' Solid Panel - Irrigation Pescara	44	Ln Ft	38.55	1,697	15	2	0	1,697	848	
Irrigation System Allowance	1	Total	20,000.00	20,000	5	1	13,240	6,760	6,760	
Irrigation System, Pump Station - Amenity Ctr (Hoover)	1	Total	56,000.00	56,000	15	13	0	56,000	4,308	
Irrigation System, Pump Station - Pescara	1	Each	10,000.00	10,000	15	2	0	10,000	5,000	
Lake Embankment Stabilization - Annual Allowance	1	Total	15,000.00	15,000	1	1	9,930	5,070	5,070	
Lake Embankment Stabilization - Year 1 (1x Expense)	1	Total	70,000.00	70,000	30	1	46,342	23,658	23,658	
Lake Embankment Stabilization - Year 2 (1x Expense)	1	Total	69,000.00	69,000	30	2	0	69,000	34,500	
Lake Embankment Stabilization - Year 3 (1x Expense)	1	Total	55,000.00	55,000	30	3	0	55,000	18,333	
Landscape Allowance	1	Total	50,000.00	50,000	5	1	33,101	16,899	16,899	
Other										
Drainage Line Allowance - Pescara	1	Total	20,000.00	20,000	25	3	0	20,000	6,667	
Park, Pet Waste Station - Various Locations	5	Each	652.00	3,260	15	2	0	3,260	1,630	
Signage Replacement Allowance - Information Board	3	Total	1,500.00	4,500	15	1	2,979	1,521	1,521	
Stormwater Drainage Control Structure Allowance
Pescara	1	Total	50,000.00	50,000	25	12	0	50,000	4,167	
Fence, PVC - Pescara Road	1	Total	10,000.00	10,000	15	4	0	10,000	2,500	
Light Pole & Dbl Fixture, Decorative - Pescara Entry	1	Each	3,500.00	3,500	26	13	0	3,500	269	
Light Pole & High Intesity Fixture, FG - Pescara Parking Lot	3	Each	1,750.00	5,250	26	13	0	5,250	404	
Lighting, Landscape Uplight, Standard - Pescara Entry	19	Each	350.00	6,650	15	2	0	6,650	3,325	
Mail Cluster Box Units - Mail Pavilion Pescara	1	Total	25,000.00	25,000	25	12	0	25,000	2,083	
Park, BBQ Grill - Pescara	3	Each	386.00	1,158	6	1	767	391	391	
Park, Bench, 6' Coated Steel - Pescara	7	Each	1,208.00	8,456	20	7	0	8,456	1,208	
Park, Picnic Table, Coated Steel - Pescara	2	Each	1,620.00	3,240	20	7	0	3,240	463	
Park, Trash Can Holder - Pescara	3	Each	386.00	1,158	20	7	0	1,158	165	
Playground Structures - Pescara	1	Total	25,000.00	25,000	20	7	0	25,000	3,571	
Refurb & Paint Allowance - Monument Pescara Entry	1	Total	1,000.00	1,000	10	3	0	1,000	333	
Sail Shade - Playground Pescara	1	Total	10,487.00	10,487	16	14	0	10,487	749	
Shelter Fabric, Recover - Walking Trail Pescara (2 Total)	560	Sq Ft	14.00	7,840	8	1	5,190	2,650	2,650	
Shelter Frame, Replace - Walking Trail Pescara (2 Total)	560	Sq Ft	15.27	8,552	24	11	0	8,552	777	
Signage Letters & Logo - Monument Pescara Entry	2	Total	4,000.00	8,000	20	7	0	8,000	1,143	
Site Column, CBS, 8' - Monument Pescara Entry	3	Each	1,500.00	4,500	40	27	0	4,500	167	
Site Wall, CBS - Monument Pescara Entry	106	Sq Ft	30.90	3,276	40	27	0	3,276	121	

Description	Quantity	Units	Cost Per Unit	Current Cost	Useful Life	Remg Life	9/30/19
Balance	Unfunded Balance	2019-20
Contribution	
										
Positano										
Fence, Alum Picket, 8' - Monument Positano Entry	24	Ln Ft	100.00	2,400	26	13	0	2,400	185	
Light Fixture, Decorative - Monument Positano	4	Each	1,000.00	4,000	22	9	0	4,000	444	
Light Pole & Dbl Fixture, Decorative - Positano Entry	5	Each	3,500.00	17,500	26	13	0	17,500	1,346	
Lighting, Landscape Uplight, Standard - Positano Entry	15	Each	350.00	5,250	15	1	3,476	1,774	1,774	
Mail Cluster Box Units - Mail Pavilion Positano	1	Total	45,500.00	45,500	25	12	0	45,500	3,792	
Park, Bench, 6' Coated Steel - Positano Round a Bout	2	Each	1,208.00	2,416	20	7	0	2,416	345	
Park, Trash Can Holder - Positano Round a Bout	2	Each	386.00	772	20	7	0	772	110	
Railing, Concr Balustrade - Monument Positano Entry	72	Ln Ft	175.00	12,600	40	27	0	12,600	467	
Refurb & Paint Allowance - Monument Positano Entry	1	Total	14,000.00	14,000	10	8	0	14,000	1,750	
Signage Letters & Logo - Monument Positano Entry	2	Total	5,000.00	10,000	20	7	0	10,000	1,429	
Site Column, CBS, 5' - Monument Positano Entry	2	Each	1,000.00	2,000	40	27	0	2,000	74	
Site Column, CBS, 10' - Monument Positano Entry	4	Each	2,500.00	10,000	40	27	0	10,000	370	
Site Wall, CBS - Monument Positano Entry	215	Sq Ft	30.90	6,644	40	27	0	6,644	246	
San Giacomo										
Fence, Alum Pkt, 8' - Monument San Giacomo Entry	24	Ln Ft	100.00	2,400	26	13	0	2,400	185	
Light Fixture, Decorative - Monument San Giacomo	4	Each	1,000.00	4,000	22	9	0	4,000	444	
Light Pole & Dbl Fixt, Decorative - San Giacomo Entry	1	Each	3,500.00	3,500	26	13	0	3,500	269	
Light Pole & Sgl Fixt, Decorative - San Giacomo Entry	3	Each	3,338.00	10,014	26	13	0	10,014	770	
Lighting, Landscape Uplight, Std - San Giacomo Entry	15	Each	350.00	5,250	15	1	3,476	1,774	1,774	
Mail Cluster Box Units - Mail Pavilion San Giacomo	1	Total	45,500.00	45,500	25	12	0	45,500	3,792	
Railing, Balustrade - Monument San Giacomo Entry	72	Ln Ft	175.00	12,600	40	27	0	12,600	467	
Refurb & Paint Allowance - Monument San Giacomo Entry	1	Total	14,000.00	14,000	10	10	0	14,000	1,400	
Signage Letters & Logo - Monument San Giacomo Entry	2	Total	5,000.00	10,000	20	7	0	10,000	1,429	
Site Column, CBS, 5' - Monument San Giacomo Entry	2	Each	1,000.00	2,000	40	27	0	2,000	74	
Site Column, CBS, 10' - Monument San Giacomo Entry	4	Each	2,500.00	10,000	40	27	0	10,000	370	
Site Wall, CBS - Monument San Giacomo Entry
San Marino	215	Sq Ft	30.90	6,644	40	27	0	6,644	246	
Lake Aerator, Pump/Motor - San Marino Pond	1	Each	5,099.00	5,099	12	11	0	5,099	464	
Lighting, Landscape Uplight, Standard - San Marino	2	Each	350.00	700	15	2	0	700	350	
Park , Fitness Equipment Obstacle - San Marino	8	Each	1,500.00	12,000	15	4	0	12,000	3,000	
Park , Fitness Equipment Sign - San Marino	12	Each	750.00	9,000	15	4	0	9,000	2,250	
Park, Bench, 6' Coated Steel - San Marino	10	Each	1,208.00	12,080	20	7	0	12,080	1,726	
Park, Picnic Table, Coated Steel - San Marino	3	Each	1,620.00	4,860	20	7	0	4,860	694	
Park, Trash Can Holder - San Marino	4	Each	386.00	1,544	20	7	0	1,544	221	
Playground Structures - San Marino	1	Total	25,000.00	25,000	20	7	0	25,000	3,571	
Refurb & Paint Allowance - Monument San Marino	1	Total	1,000.00	1,000	10	3	0	1,000	333	
Sail Shade - Playground San Marino	1	Total	10,437.00	10,437	16	14	0	10,437	746	
Shelter Fabric, Recover - Walking Trail San Marino (2 Total)	560	Sq Ft	14.00	7,840	8	1	5,190	2,650	2,650	
Shelter Frame, Replace - Walking Trail San Marino (2 Total)	560	Sq Ft	15.27	8,552	24	11	0	8,552	777	
Signage Letters & Logo - Monument San Marino	1	Total	4,000.00	4,000	20	7	0	4,000	571	
Site Wall, CBS - Monument San Marino	50	Sq Ft	30.90	1,545	40	27	0	1,545	57	
Misc Site Improvements Total	128	Components		1,834,244	1-40	1-27	128,957	1,705,287	307,435	

Description	Quantity	Units	Cost	Current	Useful	Remg	9/30/19	Unfunded	2019-20	
			Per Unit	Cost	Life	Life	Balance	Balance	Contribution	
										
Furniture, Fixtures & Equipment										
Computer Laptop - Office	1	Each	700.00	700	4	1	463	237	237	
Computer Workstation - Office	2	Each	1,876.00	3,752	4	1	2,484	1,268	1,268	
Electronics, Sound System - Amenity Center	1	Total	2,000.00	2,000	12	1	1,324	676	676	
Electronics, TV - Gym	1	Each	800.00	800	10	10	0	800	80	
Electronics, TV - Gym	2	Each	800.00	1,600	10	10	0	1,600	160	
Electronics, TV - Social Room	1	Each	800.00	800	10	3	0	800	267	
Fitness, Cardio, Elliptical Cross-Trainer	2	Each	6,606.00	13,212	10	10	0	13,212	1,321	
Fitness, Cardio, Recumbent Bike	1	Each	3,702.00	3,702	10	10	0	3,702	370	
Fitness, Cardio, Stationary Bike	1	Each	3,413.00	3,413	10	10	0	3,413	341	
Fitness, Cardio, Treadmill	3	Each	5,401.00	16,203	10	10	0	16,203	1,620	
Fitness, Weight Bench	1	Each	826.00	826	12	10	0	826	83	
Fitness, Weight Machine, Ab Dip/Chin Up Assist	1	Each	3,422.00	3,422	18	10	0	3,422	342	
Fitness, Weight Machine, Abdominal	1	Each	3,859.00	3,859	18	10	0	3,859	386	
Fitness, Weight Machine, Lat Pulldown/High Row	1	Each	3,079.00	3,079	18	10	0	3,079	308	
Fitness, Weight Machine, Leg Extension/Leg Curl	1	Each	3,945.00	3,945	18	10	0	3,945	394	
Fitness, Weight Machine, Mid Row	1	Each	3,079.00	3,079	18	10	0	3,079	308	
Fitness, Weight Machine, Multi-Press	1	Each	3,859.00	3,859	18	10	0	3,859	386	
Fitness, Weight Machine, Outter/Inner Thigh	1	Each	5,944.00	5,944	18	10	0	5,944	594	
Fitness, Weight Machine, Pectorial Fly/Rear Delt	1	Each	2,830.00	2,830	18	10	0	2,830	283	
Fitness, Weight Machine, Toe Raise/Leg Press	1	Each	5,187.00	5,187	18	10	0	5,187	519	
Fitness, Weight Machine, Tricep/Bicep	1	Each	3,079.00	3,079	18	10	0	3,079	308	
Fitness, Weight Set, Dumbbells	1	Each	1,907.00	1,907	25	10	0	1,907	191	
Furnishings/Decorating Allowance - Social Room	1	Total	15,000.00	15,000	12	4	0	15,000	3,750	
Furniture, Outdoor - Lifeguard Chair	3	Total	750.00	2,250	15	2	0	2,250	1,125	
Furniture, Outdoor - Pool Deck	1	Total	133,230.00	133,230	10	10	0	133,230	13,323	
Furniture, Fixtures & Equipment Total	25	Components		237,678	4-25	1-10	4,271	233,407	28,640	

Grand Total	210  Components	2,566,688	147,306	2,419,382	444,252

Section 4
Pooled Cash Flow

This section of the report shows an alternate funding plan to that given in the previous section. While all of the same reserve components, costs and life expectancies used in the previous section are used here, the method of calculating the annual reserve contribution is based on a thirty year cash flow analysis.

This funding plan takes the total beginning year reserve balance in year one along with the projected annual reserve expenditures over a thirty year period, and through pooling of all of the reserve funds and creating one general reserve fund, arrives at an annual contribution amount so as to provide a positive cash flow and adequate reserve account balance over the next thirty years.

Unlike the straight line accounting plan used in the previous section, the numbers calculated in the thirty year cash flow plan factor in both interest and inflation as well as any annual contribution increases.

Cash Flow Plan Summary

No	Year	Beginning
Year Balance	Annual Reserve Contribution	
Annual Increase	Planned Special Assessments	
Expenses	
Inflation
Rate	
Earned Interest	
Interest
Rate	Ending Year Balance	
1 2019-20	147,306	211,620	2.19%	0	222,509	3.00%	2,046	1.50%	138,463	
2 2020-21	138,463	216,259	2.19%	0	280,577	3.00%	1,298	1.75%	75,443	
3 2021-22	75,443	221,000	2.19%	0	132,189	3.00%	3,285	2.00%	167,539	
4 2022-23	167,539	225,845	2.19%	0	76,024	3.00%	7,141	2.25%	324,501	
5 2023-24	324,501	230,796	2.19%	0	33,183	3.00%	13,053	2.50%	535,167	
6 2024-25	535,167	235,855	2.19%	0	105,494	3.00%	18,302	2.75%	683,830	
7 2025-26	683,830	241,025	2.19%	0	544,697	3.00%	11,405	3.00%	391,563	
8 2026-27	391,563	246,309	2.19%	0	74,102	3.00%	16,913	3.00%	580,683	
9 2027-28	580,683	251,708	2.19%	0	200,671	3.00%	18,952	3.00%	650,672	
10 2028-29	650,672	257,226	2.19%	0	548,630	3.00%	10,778	3.00%	370,046	
11 2029-30	370,046	262,865	2.19%	0	302,845	3.00%	9,902	3.00%	339,968	
12 2030-31	339,968	268,616	2.19%	0	421,634	3.00%	5,608	3.00%	192,558	
13 2031-32	192,558	274,498	2.19%	0	418,512	3.00%	1,456	3.00%	50,000	
14 2032-33	50,000	275,679	0.43%	0	99,578	3.00%	6,783	3.00%	232,884	
15 2033-34	232,884	276,866	0.43%	0	42,354	3.00%	14,022	3.00%	481,418	
16 2034-35	481,418	278,058	0.43%	0	229,538	3.00%	15,898	3.00%	545,836	
17 2035-36	545,836	279,255	0.43%	0	558,540	3.00%	7,997	3.00%	274,548	
18 2036-37	274,548	280,457	0.43%	0	68,924	3.00%	14,582	3.00%	500,663	
19 2037-38	500,663	281,664	0.43%	0	114,926	3.00%	20,022	3.00%	687,423	
20 2038-39	687,423	282,876	0.43%	0	650,322	3.00%	9,599	3.00%	329,576	
21 2039-40	329,576	284,093	0.43%	0	177,267	3.00%	13,092	3.00%	449,494	
22 2040-41	449,494	285,316	0.43%	0	49,904	3.00%	20,547	3.00%	705,453	
23 2041-42	705,453	286,544	0.43%	0	85,497	3.00%	27,195	3.00%	933,695	
24 2042-43	933,695	287,777	0.43%	0	91,177	3.00%	33,909	3.00%	1,164,204	
25 2043-44	1,164,204	289,016	0.43%	0	159,590	3.00%	38,809	3.00%	1,332,439	
26 2044-45	1,332,439	290,260	0.43%	0	197,507	3.00%	42,756	3.00%	1,467,948	
27 2045-46	1,467,948	291,509	0.43%	0	1,183,656	3.00%	17,274	3.00%	593,075	
28 2046-47	593,075	292,764	0.43%	0	389,946	3.00%	14,877	3.00%	510,770	
29 2047-48	510,770	294,024	0.43%	0	49,083	3.00%	22,671	3.00%	778,382	
30 2048-49	778,382	295,282	0.43%	0	976,577	3.00%	2,913	3.00%	100,000	

Grand Total		
7,995,062		
0	
8,485,453		
443,085			

Cash Flow Plan Details
Category	Description	Cost	
Year 1: 2019-20			
Mechanical & Electrical	A/C Air Handler Unit, 5 Ton - Amenity Center	4,586	
Mechanical & Electrical	A/C Air Handler Unit, 5 Ton - Amenity Center	4,586	
Mechanical & Electrical	A/C Condensing Unit, 5 Ton - Amenity Center	4,645	
Mechanical & Electrical	A/C Condensing Unit, 5 Ton - Amenity Center	4,645	
Mechanical & Electrical	Drinking Fountain, Outdoor - Amenity Center	2,001	
Misc Building Components	Finish, Carpet - Office	802	
Misc Site Improvements	Park, BBQ Grill - Amenity Center	386	
Misc Site Improvements	Shelter Fabric, Recover - Tennis Court	1,568	
Misc Site Improvements	Signage Replacement Allowance - Amenity Center	4,000	
Misc Site Improvements	Soccer & Lacrosse Goal Allowance	2,000	
Misc Site Improvements	Irrigation System Allowance	20,000	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	15,000	
Misc Site Improvements	Lake Embankment Stabilization - Year 1 (1x Expense)	70,000	
Misc Site Improvements	Landscape Allowance	50,000	
Misc Site Improvements	Signage Replacement Allowance - Information Board	4,500	
Misc Site Improvements	Park, BBQ Grill - Pescara	1,158	
Misc Site Improvements	Shelter Fabric, Recover - Walking Trail Pescara (2 Total)	7,840	
Misc Site Improvements	Lighting, Landscape Uplight, Standard - Positano Entry	5,250	
Misc Site Improvements	Lighting, Landscape Uplight, Std - San Giacomo Entry	5,250	
Misc Site Improvements	Shelter Fabric, Recover - Walking Trail San Marino (2 Total)	7,840	
Furniture, Fixtures & Equipment	Computer Laptop - Office	700	
Furniture, Fixtures & Equipment	Computer Workstation - Office	3,752	
Furniture, Fixtures & Equipment	Electronics, Sound System - Amenity Center	2,000	
Year 1 Total		222,509	
			
Year 2: 2020-21			
Paving	Asphalt Overlay, 1" Milled - Walking Trail Pescara	54,218	
Paving	Asphalt Overlay, 1" Milled - Walking Trail San Marino	54,528	
Paving	Concrete Sidewalk Repair Allowance	5,150	
Misc Building Components	Access Control, CCTV Surveillance System	6,489	
Misc Site Improvements	Fountain, Lake, Pump/Motor - Amenity Center/Positano	11,249	
Misc Site Improvements	Lighting, Landscape Uplight, Large - Amenity Center	4,310	
Misc Site Improvements	Lighting, Landscape Uplight, Large - Pool Deck	2,693	
Misc Site Improvements	Lighting, Landscape Uplight, Standard - Amenity Ctr	3,244	
Misc Site Improvements	Lighting, Landscape Uplight, Standard - Pool Deck	2,163	
Misc Site Improvements	Pool Equipment, Automatic Sanitation Sys, Chlorinator	8,240	
Misc Site Improvements	Pool Equipment, Mushroom Water Feature	8,240	
Misc Site Improvements	Tennis Court Resurfacing, Asphalt	8,240	
Misc Site Improvements	Fence, PVC, 6' Solid Panel - Irrigation Pescara	1,748	
Misc Site Improvements	Irrigation System, Pump Station - Pescara	10,300	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	15,450	

Category	Description	Cost	
Misc Site Improvements	Lake Embankment Stabilization - Year 2 (1x Expense)	71,070	
Misc Site Improvements	Park, Pet Waste Station - Various Locations	3,358	
Misc Site Improvements	Lighting, Landscape Uplight, Standard - Pescara Entry	6,849	
Misc Site Improvements	Lighting, Landscape Uplight, Standard - San Marino	721	
Furniture, Fixtures & Equipment	Furniture, Outdoor - Lifeguard Chair	2,317	
Year 2 Total		280,577	
			
Year 3: 2021-22			
Painting & Waterproofing	Paint Exterior - Pavilion Bandstand	398	
Painting & Waterproofing	Paint Exterior - Pavilion Pool Deck	398	
Painting & Waterproofing	Paint Exterior - Trash Enclosure	225	
Painting & Waterproofing	Paint Exterior - Water Slide Tower	2,905	
Painting & Waterproofing	Paint Exterior and Waterproof - Amenity Center	7,603	
Painting & Waterproofing	Paint Interior - Amenity Center	7,109	
Misc Building Components	Appliance, Refrigerator - Amenity Center	4,244	
Misc Building Components	Appliance, Wall Oven & MW Combo - Amenity Center	2,122	
Misc Site Improvements	Gate, Alum Steel - Pool Equipment	3,959	
Misc Site Improvements	Gate, Alum, 6' x 6' - Trash Enclosure	2,960	
Misc Site Improvements	Shelter Frame, Replace - Tennis Court	1,815	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	15,913	
Misc Site Improvements	Lake Embankment Stabilization - Year 3 (1x Expense)	58,349	
Misc Site Improvements	Drainage Line Allowance - Pescara	21,218	
Misc Site Improvements	Refurb & Paint Allowance - Monument Pescara Entry	1,061	
Misc Site Improvements	Refurb & Paint Allowance - Monument San Marino	1,061	
Furniture, Fixtures & Equipment	Electronics, TV - Social Room	849	
Year 3 Total		132,189	
			
Year 4: 2022-23			
Misc Site Improvements	Pool Equipment, Pump/Motor/Filter Allowance	5,464	
Misc Site Improvements	Tennis Court Windscreen, 10'	3,903	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	16,391	
Misc Site Improvements	Fence, PVC - Pescara Road	10,927	
Misc Site Improvements	Park , Fitness Equipment Obstacle - San Marino	13,113	
Misc Site Improvements	Park , Fitness Equipment Sign - San Marino	9,835	
Furniture, Fixtures & Equipment	Furnishings/Decorating Allowance - Social Room	16,391	
Year 4 Total		76,024	
			
Year 5: 2023-24			
Painting & Waterproofing	Paint Exterior - Mail Pavilion Pescara	1,309	
Painting & Waterproofing	Paint Exterior - Mail Pavilion San Giacomo	1,614	
Painting & Waterproofing	Paint Exterior - Maintenance Storage Shed	487	
Misc Site Improvements	Pool Equipment, Handicap Lift	7,879	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	16,883	

Category	Description	Cost	
Furniture, Fixtures & Equipment	Computer Laptop - Office	788	
Furniture, Fixtures & Equipment	Computer Workstation - Office	4,223	
Year 5 Total		33,183	
			
Year 6: 2024-25			
Misc Building Components	Access Control, FOB Reader - Amenity Center	6,956	
Misc Site Improvements	Irrigation System Allowance	23,185	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	17,389	
Misc Site Improvements	Landscape Allowance	57,964	
Year 6 Total		105,494	
			
Year 7: 2025-26			
Roofs	Roof, Modified Bitumen - Amenity Center	9,734	
Painting & Waterproofing	Paint Exterior - Mail Pavilion Positano	1,712	
Painting & Waterproofing	Paint Exterior - Pavilion San Marino	1,712	
Paving	Asphalt Overlay, 1" Milled - Amenity Center Parking	55,238	
Paving	Asphalt Overlay, 1" Milled - Pescara Parking	17,027	
Paving	Asphalt Overlay, 1" Milled - Positano Mail Parking	7,526	
Paving	Asphalt Overlay, 1" Milled - San Giacomo Parking	7,407	
Paving	Asphalt Overlay, 1" Milled - San Marino Parking	2,559	
Mechanical & Electrical	Drinking Fountain, Indoor - Amenity Center	1,649	
Mechanical & Electrical	Lighting Automation Controller Allowance	3,582	
Mechanical & Electrical	Lighting Replacement Allowance, Exterior - Am Ctr	4,478	
Misc Site Improvements	Baseball Backstop - Amenity Center	5,500	
Misc Site Improvements	Basketball Court Resurfacing, Asphalt Base	6,959	
Misc Site Improvements	Bulkhead, PT Wood - Entry Driveway Amenity Center	24,072	
Misc Site Improvements	Bulkhead, PT Wood - Pool Deck	39,662	
Misc Site Improvements	Fountain, Refurb/Equip Allowance - Amenity Center	3,582	
Misc Site Improvements	Park, BBQ Grill - Amenity Center	461	
Misc Site Improvements	Park, Bench, 4' Coated Steel - Tennis Court	1,075	
Misc Site Improvements	Park, Bench, 6' Coated Steel - Amenity Center	2,030	
Misc Site Improvements	Park, Picnic Table, Coated Steel - Amenity Center	5,493	
Misc Site Improvements	Park, Trash Can Holder - Amenity Center	2,955	
Misc Site Improvements	Playground Structures - Amenity Center	47,762	
Misc Site Improvements	Pool Equipment, Slide Replacement	119,405	
Misc Site Improvements	Stairs, Steel Pan Restoration Allowance - Water Slide	14,684	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	17,911	
Misc Site Improvements	Park, BBQ Grill - Pescara	1,383	
Misc Site Improvements	Park, Bench, 6' Coated Steel - Pescara	10,097	
Misc Site Improvements	Park, Picnic Table, Coated Steel - Pescara	3,869	
Misc Site Improvements	Park, Trash Can Holder - Pescara	1,383	
Misc Site Improvements	Playground Structures - Pescara	29,851	
Misc Site Improvements	Signage Letters & Logo - Monument Pescara Entry	9,552	

Category	Description	Cost	
Misc Site Improvements	Park, Bench, 6' Coated Steel - Positano Round a Bout	2,885	
Misc Site Improvements	Park, Trash Can Holder - Positano Round a Bout	922	
Misc Site Improvements	Signage Letters & Logo - Monument Positano Entry	11,941	
Misc Site Improvements	Signage Letters & Logo - Monument San Giacomo Entry	11,941	
Misc Site Improvements	Park, Bench, 6' Coated Steel - San Marino	14,424	
Misc Site Improvements	Park, Picnic Table, Coated Steel - San Marino	5,803	
Misc Site Improvements	Park, Trash Can Holder - San Marino	1,844	
Misc Site Improvements	Playground Structures - San Marino	29,851	
Misc Site Improvements	Signage Letters & Logo - Monument San Marino	4,776	
Year 7 Total		544,697	
			
Year 8: 2026-27			
Misc Site Improvements	Fountain, Lake, Pump/Motor - Amenity Center/Positano	13,431	
Misc Site Improvements	Pool Equipment, Pump/Motor/Filter Allowance	6,149	
Misc Site Improvements	Shelter Fabric, Recover - Baseball	4,821	
Misc Site Improvements	Shelter Fabric, Recover - Basketball	4,821	
Misc Site Improvements	Shelter Fabric, Recover - Pool Deck	4,821	
Misc Site Improvements	Tennis Court Windscreen, 10'	4,393	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	18,448	
Misc Site Improvements	Refurb & Paint Allowance - Monument Positano Entry	17,218	
Year 8 Total		74,102	
			
Year 9: 2027-28			
Misc Site Improvements	Light Fixture, Decorative - Entry Drive Col's Am Ctr	4,201	
Misc Site Improvements	Pool Equipment, Filtration System	76,006	
Misc Site Improvements	Shelter Fabric, Recover - Tennis Court	1,986	
Misc Site Improvements	Tennis Court Fencing, VC Chain Link	16,843	
Misc Site Improvements	Tennis Court Light Pole & Dbl Fixture	12,351	
Misc Site Improvements	Tennis Court Light Pole & Sgl Fixture	24,512	
Misc Site Improvements	Tennis Court Resurfacing, Asphalt	10,134	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	19,002	
Misc Site Improvements	Shelter Fabric, Recover - Walking Trail Pescara (2 Total)	9,931	
Misc Site Improvements	Light Fixture, Decorative - Monument Positano	5,067	
Misc Site Improvements	Light Fixture, Decorative - Monument San Giacomo	5,067	
Misc Site Improvements	Shelter Fabric, Recover - Walking Trail San Marino (2 Total)	9,931	
Furniture, Fixtures & Equipment	Computer Laptop - Office	887	
Furniture, Fixtures & Equipment	Computer Workstation - Office	4,753	
Year 9 Total		200,671	
			
Year 10: 2028-29			
Painting & Waterproofing	Paint Exterior - Pavilion Bandstand	489	
Painting & Waterproofing	Paint Exterior - Pavilion Pool Deck	489	
Painting & Waterproofing	Paint Exterior - Trash Enclosure	277	

Category	Description	Cost	
Painting & Waterproofing	Paint Exterior - Water Slide Tower	3,572	
Painting & Waterproofing	Paint Exterior and Waterproof - Amenity Center	9,351	
Misc Building Components	Access Control, CCTV Surveillance System	8,220	
Misc Building Components	Finish, Rubber Tile Floor - Gym	12,724	
Misc Site Improvements	Pool Deck Finish, Acrylic Coating - Bridge	1,807	
Misc Site Improvements	Pool Finish, Ceramic Tile Trim	65,239	
Misc Site Improvements	Pool Finish, Exposed Aggregate	130,477	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	19,572	
Misc Site Improvements	Refurb & Paint Allowance - Monument San Giacomo Entry	18,267	
Furniture, Fixtures & Equipment	Electronics, TV - Gym	1,044	
Furniture, Fixtures & Equipment	Electronics, TV - Gym	2,088	
Furniture, Fixtures & Equipment	Fitness, Cardio, Elliptical Cross-Trainer	17,239	
Furniture, Fixtures & Equipment	Fitness, Cardio, Recumbent Bike	4,830	
Furniture, Fixtures & Equipment	Fitness, Cardio, Stationary Bike	4,453	
Furniture, Fixtures & Equipment	Fitness, Cardio, Treadmill	21,141	
Furniture, Fixtures & Equipment	Fitness, Weight Bench	1,078	
Furniture, Fixtures & Equipment	Fitness, Weight Machine, Ab Dip/Chin Up Assist	4,465	
Furniture, Fixtures & Equipment	Fitness, Weight Machine, Abdominal	5,035	
Furniture, Fixtures & Equipment	Fitness, Weight Machine, Lat Pulldown/High Row	4,017	
Furniture, Fixtures & Equipment	Fitness, Weight Machine, Leg Extension/Leg Curl	5,147	
Furniture, Fixtures & Equipment	Fitness, Weight Machine, Mid Row	4,017	
Furniture, Fixtures & Equipment	Fitness, Weight Machine, Multi-Press	5,035	
Furniture, Fixtures & Equipment	Fitness, Weight Machine, Outter/Inner Thigh	7,756	
Furniture, Fixtures & Equipment	Fitness, Weight Machine, Pectorial Fly/Rear Delt	3,693	
Furniture, Fixtures & Equipment	Fitness, Weight Machine, Toe Raise/Leg Press	6,768	
Furniture, Fixtures & Equipment	Fitness, Weight Machine, Tricep/Bicep	4,017	
Furniture, Fixtures & Equipment	Fitness, Weight Set, Dumbbells	2,488	
Furniture, Fixtures & Equipment	Furniture, Outdoor - Pool Deck	173,835	
Year 10 Total		548,630	
			
Year 11: 2029-30			
Painting & Waterproofing	Paint Interior - Amenity Center	9,006	
Misc Building Components	Built-In Cabinets & Counters - Office	3,298	
Misc Building Components	Built-In Cabinets & Counters - Social Kitchen	20,454	
Misc Building Components	Finish, Clg, 2x2 SAT - Gym	5,597	
Misc Building Components	Finish, Clg, 2x2 SAT - Office	1,410	
Misc Building Components	Finish, Tile Floor - Pool/Gym Restrooms	8,718	
Misc Building Components	Finish, Tile Floor - Social Rm Restrooms	4,385	
Misc Building Components	Finish, Tile Floor - Social Room	25,263	
Misc Building Components	Finish, Tile Walls - Pool/Gym Restrooms	3,721	
Misc Building Components	Finish, Tile Walls - Social Rm Restrooms	3,232	
Misc Building Components	Restroom Renovation Allowance - Pool/Gym	27,139	
Misc Building Components	Restroom Renovation Allowance - Social Room	25,546	
Misc Site Improvements	Basketball Court Backboard & Goal	3,763	

Category	Description	Cost	
Misc Site Improvements	Shelter Frame, Replace - Baseball	5,747	
Misc Site Improvements	Shelter Frame, Replace - Basketball	5,747	
Misc Site Improvements	Shelter Frame, Replace - Pool Deck	5,747	
Misc Site Improvements	Irrigation System Allowance	26,878	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	20,159	
Misc Site Improvements	Landscape Allowance	67,196	
Misc Site Improvements	Shelter Frame, Replace - Walking Trail Pescara (2 Total)	11,493	
Misc Site Improvements	Lake Aerator, Pump/Motor - San Marino Pond	6,853	
Misc Site Improvements	Shelter Frame, Replace - Walking Trail San Marino (2 Total)	11,493	
Year 11 Total		302,845	
			
Year 12: 2030-31			
Roofs	Roof, Concrete Barrel Tile - Amenity Center	80,400	
Roofs	Roof, Concrete Barrel Tile - Mail Pavilion Pescara	12,695	
Roofs	Roof, Concrete Barrel Tile - Mail Pavilion Positano	12,695	
Roofs	Roof, Concrete Barrel Tile - Mail Pavilion San Giacomo	12,695	
Roofs	Roof, Concrete Barrel Tile - Pavilion Bandstand	5,642	
Roofs	Roof, Concrete Barrel Tile - Pavilion Pool Deck	5,642	
Roofs	Roof, Concrete Barrel Tile - Pavilion San Marino	11,284	
Roofs	Roof, Concrete Barrel Tile - Water Slide Tower	7,053	
Painting & Waterproofing	Paint Exterior - Mail Pavilion Pescara	1,610	
Painting & Waterproofing	Paint Exterior - Mail Pavilion San Giacomo	1,985	
Painting & Waterproofing	Paint Exterior - Maintenance Storage Shed	599	
Paving	Concrete Sidewalk Repair Allowance	6,921	
Misc Site Improvements	Pool Equipment, Pump/Motor/Filter Allowance	6,921	
Misc Site Improvements	Tennis Court Windscreen, 10'	4,944	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	20,764	
Misc Site Improvements	Stormwater Drainage Control Structure Allowance	69,212	
Misc Site Improvements	Mail Cluster Box Units - Mail Pavilion Pescara	34,606	
Misc Site Improvements	Mail Cluster Box Units - Mail Pavilion Positano	62,983	
Misc Site Improvements	Mail Cluster Box Units - Mail Pavilion San Giacomo	62,983	
Year 12 Total		421,634	
			
Year 13: 2031-32			
Mechanical & Electrical	A/C Air Handler Unit, 5 Ton - Amenity Center	6,539	
Mechanical & Electrical	A/C Air Handler Unit, 5 Ton - Amenity Center	6,539	
Mechanical & Electrical	A/C Condensing Unit, 5 Ton - Amenity Center	6,623	
Mechanical & Electrical	A/C Condensing Unit, 5 Ton - Amenity Center	6,623	
Misc Building Components	Finish, Carpet - Office	1,143	
Misc Site Improvements	Fence, Alum Picket, 5' - Pool Deck	50,609	
Misc Site Improvements	Light Pole & Dbl Fixture, Decorative - Amenity Center	14,970	
Misc Site Improvements	Light Pole & High Intesity Fixture, Alum - Pool Deck	9,196	
Misc Site Improvements	Light Pole & Sgl Fixture, Decorative - Amenity Center	66,629	

Category	Description	Cost	
Misc Site Improvements	Light Pole & Sgl Fixture, Decorative - Pool Deck	66,629	
Misc Site Improvements	Park, BBQ Grill - Amenity Center	550	
Misc Site Improvements	Soccer & Lacrosse Goal Allowance	2,852	
Misc Site Improvements	Irrigation System, Pump Station - Amenity Ctr (Hoover)	79,843	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	21,386	
Misc Site Improvements	Light Pole & Dbl Fixture, Decorative - Pescara Entry	4,990	
Misc Site Improvements	Light Pole & High Intesity Fixture, FG - Pescara Parking Lot	7,485	
Misc Site Improvements	Park, BBQ Grill - Pescara	1,651	
Misc Site Improvements	Refurb & Paint Allowance - Monument Pescara Entry	1,426	
Misc Site Improvements	Fence, Alum Picket, 8' - Monument Positano Entry	3,422	
Misc Site Improvements	Light Pole & Dbl Fixture, Decorative - Positano Entry	24,951	
Misc Site Improvements	Fence, Alum Pkt, 8' - Monument San Giacomo Entry	3,422	
Misc Site Improvements	Light Pole & Dbl Fixt, Decorative - San Giacomo Entry	4,990	
Misc Site Improvements	Light Pole & Sgl Fixt, Decorative - San Giacomo Entry	14,278	
Misc Site Improvements	Refurb & Paint Allowance - Monument San Marino	1,426	
Furniture, Fixtures & Equipment	Computer Laptop - Office	998	
Furniture, Fixtures & Equipment	Computer Workstation - Office	5,349	
Furniture, Fixtures & Equipment	Electronics, Sound System - Amenity Center	2,852	
Furniture, Fixtures & Equipment	Electronics, TV - Social Room	1,141	
Year 13 Total		418,512	
			
Year 14: 2032-33			
Painting & Waterproofing	Paint Exterior - Mail Pavilion Positano	2,106	
Painting & Waterproofing	Paint Exterior - Pavilion San Marino	2,106	
Misc Building Components	Access Control, FOB Reader - Amenity Center	8,811	
Misc Site Improvements	Basketball Court Resurfacing, Asphalt Base	8,559	
Misc Site Improvements	Sail Shade - Playground Amenity Center	25,240	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	22,028	
Misc Site Improvements	Sail Shade - Playground Pescara	15,401	
Misc Site Improvements	Sail Shade - Playground San Marino	15,327	
Year 14 Total		99,578	
			
Year 15: 2033-34			
Mechanical & Electrical	Drinking Fountain, Outdoor - Amenity Center	3,027	
Misc Building Components	Appliance, Refrigerator - Amenity Center	6,050	
Misc Site Improvements	Pool Equipment, Handicap Lift	10,588	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	22,689	
Year 15 Total		42,354	
			
Year 16: 2034-35			
Misc Site Improvements	Pool Equipment, Pump/Motor/Filter Allowance	7,790	
Misc Site Improvements	Shelter Fabric, Recover - Baseball	6,107	
Misc Site Improvements	Shelter Fabric, Recover - Basketball	6,107	

Category	Description	Cost	
Misc Site Improvements	Shelter Fabric, Recover - Pool Deck	6,107	
Misc Site Improvements	Signage Replacement Allowance - Amenity Center	6,232	
Misc Site Improvements	Tennis Court Resurfacing, Asphalt	12,464	
Misc Site Improvements	Tennis Court Windscreen, 10'	5,565	
Misc Site Improvements	Irrigation System Allowance	31,159	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	23,370	
Misc Site Improvements	Landscape Allowance	77,898	
Misc Site Improvements	Signage Replacement Allowance - Information Board	7,011	
Misc Site Improvements	Lighting, Landscape Uplight, Standard - Positano Entry	8,179	
Misc Site Improvements	Lighting, Landscape Uplight, Std - San Giacomo Entry	8,179	
Furniture, Fixtures & Equipment	Furnishings/Decorating Allowance - Social Room	23,370	
Year 16 Total		229,538	
			
Year 17: 2035-36			
Roofs	Roof, Metal Panel - Amenity Center	7,695	
Roofs	Roof, Metal Panel - Water Slide Tower	6,156	
Painting & Waterproofing	Paint Exterior - Pavilion Bandstand	602	
Painting & Waterproofing	Paint Exterior - Pavilion Pool Deck	602	
Painting & Waterproofing	Paint Exterior - Trash Enclosure	340	
Painting & Waterproofing	Paint Exterior - Water Slide Tower	4,394	
Painting & Waterproofing	Paint Exterior and Waterproof - Amenity Center	11,501	
Paving	Asphalt Overlay, 1" Milled - Walking Trail Pescara	84,470	
Paving	Asphalt Overlay, 1" Milled - Walking Trail San Marino	84,953	
Paving	Pavers, Interlocking - Pescara to Amenity Center	7,240	
Mechanical & Electrical	Plumbing, Backflow Preventer - Amenity Center	6,419	
Misc Site Improvements	Fountain, Lake, Pump/Motor - Amenity Center/Positano	17,525	
Misc Site Improvements	Fountain, Refurb/Equip Allowance - Amenity Center	4,814	
Misc Site Improvements	Lighting, Landscape Uplight, Large - Amenity Center	6,714	
Misc Site Improvements	Lighting, Landscape Uplight, Large - Pool Deck	4,196	
Misc Site Improvements	Lighting, Landscape Uplight, Standard - Amenity Ctr	5,055	
Misc Site Improvements	Lighting, Landscape Uplight, Standard - Pool Deck	3,370	
Misc Site Improvements	Pool Deck Brick Pavers - Incl. Covered Entry	166,092	
Misc Site Improvements	Pool Equipment, Automatic Sanitation Sys, Chlorinator	12,838	
Misc Site Improvements	Pool Equipment, Mushroom Water Feature	12,838	
Misc Site Improvements	Railing, Alum Picket, 42" - Bridge Pool Deck	12,427	
Misc Site Improvements	Shelter Fabric, Recover - Tennis Court	2,516	
Misc Site Improvements	Fence, PVC, 6' Solid Panel - Irrigation Pescara	2,723	
Misc Site Improvements	Irrigation System, Pump Station - Pescara	16,047	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	24,071	
Misc Site Improvements	Park, Pet Waste Station - Various Locations	5,231	
Misc Site Improvements	Lighting, Landscape Uplight, Standard - Pescara Entry	10,671	
Misc Site Improvements	Shelter Fabric, Recover - Walking Trail Pescara (2 Total)	12,581	
Misc Site Improvements	Lighting, Landscape Uplight, Standard - San Marino	1,123	
Misc Site Improvements	Shelter Fabric, Recover - Walking Trail San Marino (2 Total)	12,581	

Category	Description	Cost	
Furniture, Fixtures & Equipment	Computer Laptop - Office	1,123	
Furniture, Fixtures & Equipment	Computer Workstation - Office	6,021	
Furniture, Fixtures & Equipment	Furniture, Outdoor - Lifeguard Chair	3,611	
Year 17 Total		558,540	
			
Year 18: 2036-37			
Misc Building Components	Access Control, CCTV Surveillance System	10,413	
Misc Site Improvements	Shed, Wood Frame - Maintenance Storage	10,578	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	24,793	
Misc Site Improvements	Refurb & Paint Allowance - Monument Positano Entry	23,140	
Year 18 Total		68,924	
			
Year 19: 2037-38			
Painting & Waterproofing	Paint Exterior - Mail Pavilion Pescara	1,980	
Painting & Waterproofing	Paint Exterior - Mail Pavilion San Giacomo	2,441	
Painting & Waterproofing	Paint Exterior - Maintenance Storage Shed	737	
Painting & Waterproofing	Paint Interior - Amenity Center	11,408	
Misc Building Components	Appliance, Wall Oven & MW Combo - Amenity Center	3,405	
Misc Site Improvements	Gate, Alum Steel - Pool Equipment	6,353	
Misc Site Improvements	Gate, Alum, 6' x 6' - Trash Enclosure	4,750	
Misc Site Improvements	Park, BBQ Grill - Amenity Center	657	
Misc Site Improvements	Shelter Frame, Replace - Tennis Court	2,913	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	25,536	
Misc Site Improvements	Fence, PVC - Pescara Road	17,024	
Misc Site Improvements	Park, BBQ Grill - Pescara	1,971	
Misc Site Improvements	Park , Fitness Equipment Obstacle - San Marino	20,429	
Misc Site Improvements	Park , Fitness Equipment Sign - San Marino	15,322	
Year 19 Total		114,926	
			
Year 20: 2038-39			
Misc Building Components	Finish, Rubber Tile Floor - Gym	17,100	
Misc Site Improvements	Pool Deck Finish, Acrylic Coating - Bridge	2,429	
Misc Site Improvements	Pool Equipment, Pump/Motor/Filter Allowance	8,768	
Misc Site Improvements	Pool Finish, Ceramic Tile Trim	87,675	
Misc Site Improvements	Pool Finish, Exposed Aggregate	175,351	
Misc Site Improvements	Tennis Court Windscreen, 10'	6,264	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	26,303	
Misc Site Improvements	Refurb & Paint Allowance - Monument San Giacomo Entry	24,549	
Furniture, Fixtures & Equipment	Electronics, TV - Gym	1,403	
Furniture, Fixtures & Equipment	Electronics, TV - Gym	2,806	
Furniture, Fixtures & Equipment	Fitness, Cardio, Elliptical Cross-Trainer	23,167	
Furniture, Fixtures & Equipment	Fitness, Cardio, Recumbent Bike	6,491	
Furniture, Fixtures & Equipment	Fitness, Cardio, Stationary Bike	5,985	

Category	Description	Cost	
Furniture, Fixtures & Equipment	Fitness, Cardio, Treadmill	28,412	
Furniture, Fixtures & Equipment	Furniture, Outdoor - Pool Deck	233,619	
Year 20 Total		650,322	
			
Year 21: 2039-40			
Painting & Waterproofing	Paint Exterior - Mail Pavilion Positano	2,590	
Painting & Waterproofing	Paint Exterior - Pavilion San Marino	2,590	
Misc Site Improvements	Basketball Court Resurfacing, Asphalt Base	10,526	
Misc Site Improvements	Irrigation System Allowance	36,122	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	27,092	
Misc Site Improvements	Landscape Allowance	90,306	
Furniture, Fixtures & Equipment	Computer Laptop - Office	1,264	
Furniture, Fixtures & Equipment	Computer Workstation - Office	6,777	
Year 21 Total		177,267	
			
Year 22: 2040-41			
Paving	Concrete Sidewalk Repair Allowance	9,301	
Misc Building Components	Access Control, FOB Reader - Amenity Center	11,162	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	27,904	
Furniture, Fixtures & Equipment	Fitness, Weight Bench	1,537	
Year 22 Total		49,904	
			
Year 23: 2041-42			
Misc Site Improvements	Basketball Court Backboard & Goal	5,365	
Misc Site Improvements	Fountain, Lake, Pump/Motor - Amenity Center/Positano	20,926	
Misc Site Improvements	Tennis Court Resurfacing, Asphalt	15,329	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	28,742	
Misc Site Improvements	Refurb & Paint Allowance - Monument Pescara Entry	1,916	
Misc Site Improvements	Lake Aerator, Pump/Motor - San Marino Pond	9,770	
Misc Site Improvements	Refurb & Paint Allowance - Monument San Marino	1,916	
Furniture, Fixtures & Equipment	Electronics, TV - Social Room	1,533	
Year 23 Total		85,497	
			
Year 24: 2042-43			
Painting & Waterproofing	Paint Exterior - Pavilion Bandstand	740	
Painting & Waterproofing	Paint Exterior - Pavilion Pool Deck	740	
Painting & Waterproofing	Paint Exterior - Trash Enclosure	418	
Painting & Waterproofing	Paint Exterior - Water Slide Tower	5,404	
Painting & Waterproofing	Paint Exterior and Waterproof - Amenity Center	14,145	
Misc Site Improvements	Pool Equipment, Pump/Motor/Filter Allowance	9,868	
Misc Site Improvements	Shelter Fabric, Recover - Baseball	7,736	
Misc Site Improvements	Shelter Fabric, Recover - Basketball	7,736	

Category	Description	Cost	
Misc Site Improvements	Shelter Fabric, Recover - Pool Deck	7,736	
Misc Site Improvements	Tennis Court Windscreen, 10'	7,050	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	29,604	
Year 24 Total		91,177	
			
Year 25: 2043-44			
Mechanical & Electrical	A/C Air Handler Unit, 5 Ton - Amenity Center	9,322	
Mechanical & Electrical	A/C Air Handler Unit, 5 Ton - Amenity Center	9,322	
Mechanical & Electrical	A/C Condensing Unit, 5 Ton - Amenity Center	9,442	
Mechanical & Electrical	A/C Condensing Unit, 5 Ton - Amenity Center	9,442	
Misc Building Components	Finish, Carpet - Office	1,630	
Misc Site Improvements	Fence, Alum Picket - Amenity Center	20,328	
Misc Site Improvements	Park, BBQ Grill - Amenity Center	785	
Misc Site Improvements	Pool Equipment, Handicap Lift	14,230	
Misc Site Improvements	Shelter Fabric, Recover - Tennis Court	3,187	
Misc Site Improvements	Soccer & Lacrosse Goal Allowance	4,066	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	30,492	
Misc Site Improvements	Park, BBQ Grill - Pescara	2,354	
Misc Site Improvements	Shelter Fabric, Recover - Walking Trail Pescara (2 Total)	15,937	
Misc Site Improvements	Shelter Fabric, Recover - Walking Trail San Marino (2 Total)	15,937	
Furniture, Fixtures & Equipment	Computer Laptop - Office	1,423	
Furniture, Fixtures & Equipment	Computer Workstation - Office	7,627	
Furniture, Fixtures & Equipment	Electronics, Sound System - Amenity Center	4,066	
Year 25 Total		159,590	
			
Year 26: 2044-45			
Painting & Waterproofing	Paint Exterior - Mail Pavilion Pescara	2,435	
Painting & Waterproofing	Paint Exterior - Mail Pavilion San Giacomo	3,002	
Painting & Waterproofing	Paint Exterior - Maintenance Storage Shed	907	
Misc Building Components	Access Control, CCTV Surveillance System	13,191	
Misc Site Improvements	Irrigation System Allowance	41,876	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	31,407	
Misc Site Improvements	Landscape Allowance	104,689	
Year 26 Total		197,507	
			
Year 27: 2045-46			
Roofs	Roof, Modified Bitumen - Amenity Center	17,581	
Painting & Waterproofing	Paint Interior - Amenity Center	14,451	
Paving	Asphalt Overlay, 1" Milled - Amenity Center Parking	99,766	
Paving	Asphalt Overlay, 1" Milled - Pescara Parking	30,753	
Paving	Asphalt Overlay, 1" Milled - Positano Mail Parking	13,593	
Paving	Asphalt Overlay, 1" Milled - San Giacomo Parking	13,377	
Paving	Asphalt Overlay, 1" Milled - San Marino Parking	4,622	
Mechanical & Electrical	Drinking Fountain, Indoor - Amenity Center	2,978	

Mechanical & Electrical	Lighting Automation Controller Allowance	6,470	
Mechanical & Electrical	Lighting Replacement Allowance, Exterior - Am Ctr	8,087	
Misc Building Components	Appliance, Refrigerator - Amenity Center	8,626	
Misc Site Improvements	Baseball Backstop - Amenity Center	9,933	
Misc Site Improvements	Bulkhead, PT Wood - Entry Driveway Amenity Center	43,477	
Misc Site Improvements	Bulkhead, PT Wood - Pool Deck	71,633	
Misc Site Improvements	Fountain, Refurb/Equip Allowance - Amenity Center	6,470	
Misc Site Improvements	Park, Bench, 4' Coated Steel - Tennis Court	1,941	
Misc Site Improvements	Park, Bench, 6' Coated Steel - Amenity Center	3,666	
Misc Site Improvements	Park, Picnic Table, Coated Steel - Amenity Center	9,920	
Misc Site Improvements	Park, Trash Can Holder - Amenity Center	5,338	
Misc Site Improvements	Playground Structures - Amenity Center	86,264	
Misc Site Improvements	Pool Equipment, Slide Replacement	215,659	
Misc Site Improvements	Railing, Concrete Balustrade - Entry Drive Amenity Crt	24,154	
Misc Site Improvements	Site Column, CBS - Entry Drive Amenity Ctr	6,470	
Misc Site Improvements	Site Wall, CBS - Trash Enclosure	13,395	
Misc Site Improvements	Stairs, Steel Pan Restoration Allowance - Water Slide	26,522	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	32,349	
Misc Site Improvements	Park, Bench, 6' Coated Steel - Pescara	18,236	
Misc Site Improvements	Park, Picnic Table, Coated Steel - Pescara	6,987	
Misc Site Improvements	Park, Trash Can Holder - Pescara	2,497	
Misc Site Improvements	Playground Structures - Pescara	53,915	
Misc Site Improvements	Signage Letters & Logo - Monument Pescara Entry	17,253	
Misc Site Improvements	Site Column, CBS, 8' - Monument Pescara Entry	9,705	
Misc Site Improvements	Site Wall, CBS - Monument Pescara Entry	7,065	
Misc Site Improvements	Park, Bench, 6' Coated Steel - Positano Round a Bout	5,210	
Misc Site Improvements	Park, Trash Can Holder - Positano Round a Bout	1,665	
Misc Site Improvements	Railing, Concr Balustrade - Monument Positano Entry	27,173	
Misc Site Improvements	Signage Letters & Logo - Monument Positano Entry	21,566	
Misc Site Improvements	Site Column, CBS, 5' - Monument Positano Entry	4,313	
Misc Site Improvements	Site Column, CBS, 10' - Monument Positano Entry	21,566	
Misc Site Improvements	Site Wall, CBS - Monument Positano Entry	14,328	
Misc Site Improvements	Railing, Balustrade - Monument San Giacomo Entry	27,173	
Misc Site Improvements	Signage Letters & Logo - Monument San Giacomo Entry	21,566	
Misc Site Improvements	Site Column, CBS, 5' - Monument San Giacomo Entry	4,313	
Misc Site Improvements	Site Column, CBS, 10' - Monument San Giacomo Entry	21,566	
Misc Site Improvements	Site Wall, CBS - Monument San Giacomo Entry	14,328	
Misc Site Improvements	Park, Bench, 6' Coated Steel - San Marino	26,052	
Misc Site Improvements	Park, Picnic Table, Coated Steel - San Marino	10,481	
Misc Site Improvements	Park, Trash Can Holder - San Marino	3,330	
Misc Site Improvements	Playground Structures - San Marino	53,915	
Misc Site Improvements	Signage Letters & Logo - Monument San Marino	8,626	
Misc Site Improvements	Site Wall, CBS - Monument San Marino	3,332	
Year 27 Total		1,183,656	

Year 28: 2046-47			
Painting & Waterproofing	Paint Exterior - Mail Pavilion Positano	3,185	
Painting & Waterproofing	Paint Exterior - Pavilion San Marino	3,185	
Misc Site Improvements	Basketball Court Resurfacing, Asphalt Base	12,946	
Misc Site Improvements	Pool Equipment, Pump/Motor/Filter Allowance	11,106	
Misc Site Improvements	Tennis Court Windscreen, 10'	7,934	
Misc Site Improvements	Irrigation System, Pump Station - Amenity Ctr (Hoover)	124,392	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	33,319	
Misc Site Improvements	Drainage Line Allowance - Pescara	44,426	
Misc Site Improvements	Refurb & Paint Allowance - Monument Positano Entry	31,098	
Furniture, Fixtures & Equipment	Fitness, Weight Machine, Ab Dip/Chin Up Assist	7,601	
Furniture, Fixtures & Equipment	Fitness, Weight Machine, Abdominal	8,572	
Furniture, Fixtures & Equipment	Fitness, Weight Machine, Lat Pulldown/High Row	6,839	
Furniture, Fixtures & Equipment	Fitness, Weight Machine, Leg Extension/Leg Curl	8,763	
Furniture, Fixtures & Equipment	Fitness, Weight Machine, Mid Row	6,839	
Furniture, Fixtures & Equipment	Fitness, Weight Machine, Multi-Press	8,572	
Furniture, Fixtures & Equipment	Fitness, Weight Machine, Outter/Inner Thigh	13,203	
Furniture, Fixtures & Equipment	Fitness, Weight Machine, Pectorial Fly/Rear Delt	6,286	
Furniture, Fixtures & Equipment	Fitness, Weight Machine, Toe Raise/Leg Press	11,522	
Furniture, Fixtures & Equipment	Fitness, Weight Machine, Tricep/Bicep	6,839	
Furniture, Fixtures & Equipment	Furnishings/Decorating Allowance - Social Room	33,319	
Year 28 Total		389,946	
			
Year 29: 2047-48			
Mechanical & Electrical	Drinking Fountain, Outdoor - Amenity Center	4,578	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	34,319	
Furniture, Fixtures & Equipment	Computer Laptop - Office	1,602	
Furniture, Fixtures & Equipment	Computer Workstation - Office	8,584	
Year 29 Total		49,083	
			
Year 30: 2048-49			
Misc Building Components	Access Control, FOB Reader - Amenity Center	14,139	
Misc Building Components	Finish, Rubber Tile Floor - Gym	22,981	
Misc Site Improvements	Pool Deck Finish, Acrylic Coating - Bridge	3,264	
Misc Site Improvements	Pool Finish, Ceramic Tile Trim	117,828	
Misc Site Improvements	Pool Finish, Exposed Aggregate	235,656	
Misc Site Improvements	Sail Shade - Playground Amenity Center	40,502	
Misc Site Improvements	Tennis Court Resurfacing, Asphalt	18,853	
Misc Site Improvements	Lake Embankment Stabilization - Annual Allowance	35,348	
Misc Site Improvements	Sail Shade - Playground Pescara	24,713	
Misc Site Improvements	Refurb & Paint Allowance - Monument San Giacomo Entry	32,992	
Misc Site Improvements	Sail Shade - Playground San Marino	24,595	

Furniture, Fixtures & Equipment	Electronics, TV - Gym	1,885	
Furniture, Fixtures & Equipment	Electronics, TV - Gym	3,771	
Furniture, Fixtures & Equipment	Fitness, Cardio, Elliptical Cross-Trainer	31,135	
Furniture, Fixtures & Equipment	Fitness, Cardio, Recumbent Bike	8,724	
Furniture, Fixtures & Equipment	Fitness, Cardio, Stationary Bike	8,043	
Furniture, Fixtures & Equipment	Fitness, Cardio, Treadmill	38,183	
Furniture, Fixtures & Equipment	Furniture, Outdoor - Pool Deck	313,965	
Year 30 Total		976,577