Reserve studies are a financial planning report that identifies useful life and replacement costs of capital expenses within the HOAs purview. The reserve study recommends a funding plan over the long term to ensure the HOA has adequate resources to cover future costs.
Projects
Landscape - bark refresh, new plants, reduce grass area.
Irrigation - repair & change
Other - Entry sign upgrade
Sidewalks - concrete repair
Parking Lot - paving, asphalt, repair & seal coat
Retaining Wall - inspection & repair
Landscape - irrigation system upgrade
Other - bicycle area upgrade
Landscape - trees, trim & fell
Parking lot - curb & concrete Repair
Irrigation - storm water catch basin clean & repair
Building Exterior - Painting & Caulking Northside (August)
Building Exterior - Painting & Caulking Southside (August-September)
Landscape - Retaining wall cut back growth (October)
Building Exterior - railings inspection & Repair (August)
Landscape - Rejuvenation Project (April)
Plumbing - water shut off valves installed/replaced on 2550, water meter box installed
Carport - modified to prevent collapse & reroofed (2 out of 7) (November)
Building Exterior - No smoking signs added
Dryer Vents - inspected (3 year cycle)
Roof - Replace & Repair
Irrigation - system patched, new valves added, old system shut down, soaker hoses installed
Plumbing - water shut off valves installed on 2500
Carport - motion sensor lighting installed
Roof - repairs & moss growth removed
Landscaping - Large trees trimmed hanging over building roofs
Irrigation - system patched
Other - basketball pole and hoop removed
Other - Dog waste station installed
Carport - modified to prevent collapse & reroofed (5 out of 7)
Roof - roof extension to cover stairs and bridges
Retaining wall - repaired
Carport - building 2500 repairs
Foundation - stabilization for balconies