The Ranch atRoaring Fork Reserve Study · 2020-04-14 · The Ranch atRoaring Fork Reserve Study Final Reserve Study Project No. 14030 Prepared for Ranch at Roaring Fork Homeowners

The Ranch atRoaring ForkReserve Study

Final Reserve StudyProject No. 14030

Prepared for Ranch at Roaring Fork Homeowners Association

Carbondale, Colorado

Prepared byBorne Consulting

PO Box 3890Parker, Colorado 80134

December 17, 2014

Borne Consulting

IntroductionBorne Consulting has been commissioned by The Ranch at Roaring Fork Homeowners Association to prepare a Reserve Study update. The purpose of this Reserve Study is to evaluate the common-area components for major repair, maintenance and replacement that are the responsibility of the Association. This Study provides a limited-scope evaluation of the existing condition and remaining life of the common-area components. The Study also includes estimated costs for the major repair, maintenance and/or replacement of the items to enable the Association to establish an adequate level of reserve funds for the upkeep of the property. Major repair, maintenance and/or replacement items are defined as anything that costs over $1,000.

Community DescriptionThe Ranch at Roaring Fork consists of the following areas:

A waste treatment facility complete with a pump house, digester, a 225,000 gallon holding tank and a pond.

A domestic water system which consists of one building housing the system’s mechanical equipment.

Approximately 360 acres of open space with 10 miles of trails, 12 rated wood bridges, 4 pedestrian bridges, horse fencing and 40 acres of irrigated area.

Common asphalt roadways 2 common area buildings; a metal barn and a hay-barn pole building. A condominium complex;

o 14 buildings housing 60 units – 26 townhome units, 34 condominium units. o Vinyl sidingo 14 units with wood off grade balconieso 46 concrete ground floor deckso 46 concrete entry patioso Asphalt shingle roofso 60 carports and 120 storage lockerso 7 stairwayso Asphalt roadways and concrete parking pads

Tennis court facility with gazebo Golf course clubhouse and course Association equipment including:

o 3 truckso A backhoeo A skid steero A trailero A tractoro An ATVo A golf cart

ApproachTo prepare this Reserve Study Projection, Borne Consulting has completed the necessary research, the component report, the cost estimates, the financial projections, and the projection interpretation.The projections were assembled using the cash flow method. This method develops a reserve funding plan where contributions to the reserve fund are designed to offset the variable annual expenditures

from the reserve fund. Different reserve funding plans are tested against the anticipated schedule of reserve expenses until a desired funding program is achieved.

Reference MaterialThe following references were provided to Borne Consulting for this Reserve Study by the client:

2014 budget Interest rate earned on invested capital funds Historical expense and past capital project information

ExclusionsItems not included in this Projection Update are:

Non- common area components. Association components that have estimated costs below the reserve component threshold

amount of $1,000. Long lasting items with estimated economic lives exceeding 30 years, such as sanitary sewers

or building structural components. However, these items are included if they are known to have a fairly predictable anticipated useful life that falls within the term of the Study.

Normal operating items, i.e., taxes, insurance, snow plowing, utilities, cleaning and landscape maintenance, etc.

DisclaimerThis Reserve Study was prepared specifically for The Ranch at Roaring Fork Homeowners Association. The information contained within this document has been assembled in conjunction with the client and is intended to assist the client with its reserve planning and funding. Borne Consulting does not guarantee, either explicitly or implied, that all repair and replacement items have been identified, the accuracy of the probable costs or the component lives.

In providing the opinions of probable replacement costs, the client understands that Borne Consulting has no control over costs or the price of labor, equipment or materials, or over the contractor’s method of pricing, and that the opinions of probable replacement costs provided herein are made on the basis of Borne Consulting’s qualifications and experience. Borne Consulting makes no warranty, expressed or implied, as to the accuracy of such opinions as compared to actual bid or construction costs.

All comments made are based on conditions seen at the time of the site visit. We do not accept any responsibility for unknown or unknowable conditions within the existing site or structures.

TABLE OF CONTENTS Section 1 - Common Areas Section 2 - Condos Section 3 - Golf Section 4 - Waste Water Treatment Plant

TABLE OF CONTENTSSection 1 - Common Areas

Detail Report by Category 1Annual Expenditure Spread Sheet 29Annual Expenditure Detail 35Existing Reserve Study Summary 40Existing Reserve Study Projection 41Final Reserve Study Summary 42Final Reserve Study Projection 43

Section 1 - Common AreasRA Detail Report by Category

Borne ConsultingPAGE 1

Replace garage doors - 2015Asset ID A01.1

Common AreasMaintenance Facility Area

Placed in Service April 2000Useful Life 15

Adjustment 1Replacement Year 2015

Remaining Life 1

4 UT @ $3,500.00Asset Cost $14,000.00

Percent Replacement 100%Future Cost $14,420.00

Description: The maintenance building is a steel framed structure with pre-finished corrugated metal panels and a corrugated metal roof. There are four overhead garage doors.

Condition: Satisfactory condition. The maintenance building structure is in satisfactory condition. The garage doors are in fair condition. The roof in satisfactory condition.

Action/Cost(s): • Remove and replace the overhead garage doors in 2015 or as needed.

Maintenance Facility Area - Total Current Cost $14,000



Crackfill and Sealcoat - 2020Asset ID B01.1

RoadwaysAsphalt Roads

Placed in Service August 2010Useful Life 4


Remaining Life 6

212,520 SF @ $0.21Asset Cost $44,629.20


Description: Bituminous asphalt mat placed on base soils.

Condition: The asphalt was in fair condition structurally with some deflection and raveling noted. The asphalt had surface aggregate exposure evident in most areas. Exposed aggregate exposure is typically the result of the asphalt binder being worn away and is a normal part of the aging process.

Action: ⦁ Cyclically sealcoat the asphalt surfaces every 4 years starting in 2020, assuming there will be an overlay in 2016.

Overlay roads - 2016Asset ID B01.2

RoadwaysAsphalt Roads

Placed in Service May 2000Useful Life 15


Remaining Life 2

212,520 SF @ $2.00Asset Cost $425,040.00




Overlay roads continued...

Description: Bituminous asphalt mat placed on base soils.

Condition: The asphalt was in fair condition structurally with some deflection and raveling noted. The asphalt had surface aggregate exposure evident in most areas. Exposed aggregate exposure is typically the result of the asphalt binder being worn away and is a normal part of the aging process.

Action: ⦁ Cyclically overlay asphalt surfaces every 15 years starting in 2016, after water and sewer line repairs have been made. A chip and seal surface could be applied at 1/4 of the costs.

Asphalt Roads - Total Current Cost $469,669



Replace hay barn - 2022Asset ID A02.1

Common AreasHay Barn



Remaining Life 8

1 UT @ $30,000.00Asset Cost $30,000.00


Description: 10 wood columns founded on concrete caissons supporting a wood truss roof structure. The roof is finished with a standing metal seam panel system.

Condition: Satisfactory condition.

Actions: • Remove and replace the hay barn in 2022.

Hay Barn - Total Current Cost $30,000



Replace livestock enclosures - 2023Asset ID A03.1

Common AreasLivestock enclosure



Remaining Life 9

1 UT @ $90,000.00Asset Cost $90,000.00


Description: The enclosures consist of various lengths of connected range panels.


Actions: ⦁ Replace the livestock enclosures in 2023, if needed.

Replace shelter - 2019Asset ID A03.2

Common AreasLivestock enclosure



Remaining Life 5

1 UT @ $24,000.00Asset Cost $24,000.00




Replace shelter continued...

Description: The shelters consist of wood framed and clad (rough sawn) structures with corrugated metal roofs.


Actions/Costs: ⦁ Replace the livestock shelter in 2019.

Livestock enclosure - Total Current Cost $114,000



Maintain wood bridges - 2015Asset ID B02.1

RoadwaysWood Bridges



Remaining Life 1

12 UT @ $500.00Asset Cost $1,200.00


Description: Pretreated, wood timber bridges.

Condition: The wood timber bridges are in good condition with no visual signs of structural deterioration or deflection.

Actions: • Replace sections of wood decking as needed starting in 2015.

Wood Bridges - Total Current Cost $1,200



Replace CASE 580K backhoe - 2024Asset ID A04.08

Common AreasVehicles


Replacement Year 2024Remaining Life 10

1 UT @ $35,000.00Asset Cost $35,000.00


Description: ⦁ CASE 580K backhoe/loader, VIN # JAB0015271


Action/Cost(s): ⦁ Replace the CASE 580K backhoe/loader in 2024.

Replace CASE 60XT skid steer - 2030Asset ID A04.09




1 UT @ $20,000.00Asset Cost $20,000.00




Replace CASE 60XT skid steer continued...

Description: ⦁ CASE 60XT skid steer, VIN # JAF0390979


Action/Cost(s): ⦁ Replace the CASE 60XT skid steer in 2030.

Replace Chevy V30 - 2014Asset ID A04.05




1 UT @ $28,000.00Asset Cost $28,000.00


Description: ⦁ 1987 Chevy V30, VIN #1GBHV34N9HJ118991


Action/Cost(s): ⦁ Replace the 1987 GMC Chevy, as needed.



Replace Dodge Ram 250 - 2022Asset ID A04.03




1 UT @ $45,000.00Asset Cost $45,000.00


Description: ⦁ Dodge RAM 250 truck, VIN # 1B7KF23WJ169557


Action: ⦁ Replace the 1998 Dodge Ram truck as needed.

Replace Ford medium truck - 2017Asset ID A04.02




1 UT @ $42,000.00Asset Cost $42,000.00


Description: ⦁ 1993 Ford medium truck, VIN # 1FDPK74C3PVA30737


Action: ⦁ Replace the 1993 Ford medium truck as needed.



Replace GMC Water Truck - 2021Asset ID A04.15




Remaining Life 7

1 UT @ $45,000.00Asset Cost $45,000.00


Description: GMC Water Truck.

Condition: Satisfactory Condition.

Action: ⦁ Replace the GMC Water Truck in 2021.

Replace GMC pickup - 2023Asset ID A04.04




1 UT @ $32,000.00Asset Cost $32,000.00


Description: ⦁ 1999 GMC pickup, VIN #1GTEK14TOXZ503186


Action/Cost(s): ⦁ Replace the 1999 GMC pickup, as needed.



Replace Golf Cart - 2015Asset ID A04.12




1 UT @ $6,000.00Asset Cost $6,000.00


Description: Club Car Utility Vehicle.


Action: ⦁ Replace the Club Car in 2015.

Replace Honda four runner - 2017Asset ID A04.07




Remaining Life 3

1 UT @ $7,000.00Asset Cost $7,000.00




Replace Honda four runner continued...

Description: ⦁ 2003 Honda four runner, VIN #TRX450FM


Action/Cost(s): ⦁ Replace the 2003 Honda four runner in 2017.

Replace Kubota Tractor - 2022Asset ID A04.10




1 UT @ $28,000.00Asset Cost $28,000.00


Description: ⦁ Kubota LA 1153 Tractor




Replace Kubota Tractor continued...

Action: ⦁ Replace the Kubota LA 1153 Tractor in 2022.

Replace Toyota Tundra - 2026Asset ID A04.06




1 UT @ $28,000.00Asset Cost $28,000.00


Description: ⦁ 2002 Toyota Tundra, VIN #5TBBT44162S289288


Action/Cost(s): ⦁ Replace the Toyota Tundra, as needed.

Replace Vermeer Wood Chipper - 2021Asset ID A04.16




1 UT @ $8,000.00Asset Cost $8,000.00


Description: Vermeer Wood Chipper.



Replace Vermeer Wood Chipper continued...


Action: ⦁ Replace the wood chipper in 2021.

Replace Yanmar min Excavator - 2020Asset ID A04.14




1 UT @ $25,000.00Asset Cost $25,000.00


Description: Yanmar Mini Excavator.


Action: ⦁ Replace the Yanmar Mini Excavator in 2020.

Vehicles - Total Current Cost $349,000



Replace entrance monument and sign - 2016

Asset ID B03.1Roadways

Entrance Monument and SignagePlaced in Service May 1990

Useful Life 25Adjustment 2


1 UT @ $75,000.00Asset Cost $75,000.00


Description: The entrance monument is timber construction with a community sign affixed from the top timber member.

Condition: The community entrance monument and sign appear to be in poor condition.

Actions: • Remove and replace the entrance monument and sign in 2016.

Entrance Monument and Signage - Total Current Cost $75,000



Replace Tennis Court surface - 2016Asset ID C01.1

AmenitiesTennis Courts



Remaining Life 2

6,000 SF @ $20.00Asset Cost $120,000.00


Description: The courts are a coated asphalt mat over base soils. A plastic tile surface was used to cover the asphalt surface.

Condition: The tennis courts are in poor condition and are scheduled to be replaced within two years.

Action: • Remove and replace the tennis courts with a pre-stressed concrete slab starting in 2016.

Replace Tennis fencing - 2028Asset ID C01.2

AmenitiesTennis Courts



115,360 SF @ $0.50Asset Cost $57,680.00




Replace Tennis fencing continued...

Description: The courts are a coated asphalt mat over base soils. A plastic tile surface was used to cover the asphalt surface.


Action: • Remove and replace fencing in 2028.

Tennis Courts - Total Current Cost $177,680



Replace livestock enclosure - 2019Asset ID D02.1

Common FencingLivestock Area



490 LF @ $35.00Asset Cost $17,150.00


Description: Livestock arena with wood post fencing and graded surface.

Condition: The livestock arena appeared to be in good condition. The wood post fence is in fair condition with some of the railing showing initial signs of deterioration.

Actions: • Remove and replace the enclosure in 2019.

Livestock Area - Total Current Cost $17,150



Replace fishing decks - 2019Asset ID E01.1

Streams and LakesFishing Decks and Bridges



750 SF @ $40.00Asset Cost $30,000.00


Description: Wood timber fishing decks with post and rail guard rails.

Condition: The wood timber fishing decks are in fair condition with no visual signs of extensive deterioration.

Action: ⦁ Remove and replace the fishing decks in 2019, or as needed.

Replace pedestrian bridges - 2018Asset ID E01.2

Streams and LakesFishing Decks and Bridges


Adjustment -1Replacement Year 2018

Remaining Life 4

400 LF @ $40.00Asset Cost $16,000.00


Description: Wood timber pedestrian bridges with timber post and rail handrail.

Condition: The wood timber bridges are in fair condition with no visual signs of extensive deterioration.

Action:



Replace pedestrian bridges continued...

⦁ Remove and replace the pedestrian bridges in 2018.

Fishing Decks and Bridges - Total Current Cost $46,000



Maintain gates and valves - 2015Asset ID E02.1

Streams and LakesGates and Valves



9 UT @ $500.00Asset Cost $4,500.00


Description: Designed to adjust flow rates by controlling the water surface elevation being stored or routed to other locations.

Condition: The gates and valves appear to be in satisfactory operating condition.

Action: • Replace the gates and valves as needed with major water line repairs.

Gates and Valves - Total Current Cost $4,500



Dredge sediment in Pond 1 - 2015Asset ID E03.1

Streams and LakesSediment Ponds



Remaining Life 1

1 UT @ $80,000.00Asset Cost $80,000.00


Description: Sediment ponds are designed to catch runoff and hold the water while the soil and debris in the water settles out to become sediment. Most sediment ponds are required because discharge of water that contains too high a load of suspended solids violates water quality discharge standards. Sediment Pond 1 has 30,375 square feet.

Condition: The sediment ponds varied from satisfactory to poor condition. The initial basin (Sediment Pond 1) off of the river had an abundance of sediment buildup, over 24 inches.

Action: ⦁ Dredge the sediment in Pon 1.

Dredge sediment in Pond 2 - 2015Asset ID E03.2

Streams and LakesSediment Ponds



Remaining Life 1

1 UT @ $210,000.00Asset Cost $210,000.00


Description: Sediment ponds are designed to catch runoff and hold the water while the soil and debris in the water settles out to become sediment. Most sediment ponds are required because discharge of water that contains too high a load of suspended solids violates water quality discharge standards. Sediment Pond 2 has 142,600 square feet.

Condition: The sediment ponds varied from satisfactory to poor condition. The second basin (Sediment Pond 2), just north of the domestic water treatment/pump building, had 16 to 18 inches of sediment.

Action: ⦁ Dredge the sediment in Pond 2.



Sediment Ponds - Total Current Cost $290,000



Paint siding - 2018Asset ID F01.2

Community BuildingBuilding Envelope



830 SF @ $2.00Asset Cost $1,660.00


Description: The community building includes a board and batten vertical cladding system, windows, wood deck and a shake shingle roof.

Condition: The community building structure itself appeared to be in satisfactory condition with no significant damage or deterioration noted.

Action: ⦁ Cyclically clean, scrape, prime and apply a new top coat of paint to the board and batten siding every 5 years starting in 2018.

Replace siding - 2025Asset ID F01.1

Community BuildingBuilding Envelope



Remaining Life 11

830 SF @ $32.00Asset Cost $26,560.00




Replace siding continued...

Description: The community building includes a board and batten vertical cladding system, windows, wood deck and a shake shingle roof.

Condition: The community building structure itself appeared to be in satisfactory condition with no significant damage or deterioration noted.

Action: ⦁ Remove and replace the board and batten siding and trim in 2025.

Building Envelope - Total Current Cost $28,220



Remodel interior - 2016Asset ID F02.1

Community BuildingBuilding Interior



Remaining Life 2

1 UT @ $10,000.00Asset Cost $10,000.00


Description: Interior of the community building includes two offices with desks, computers, file and storage cabinets, carpet floors and painted walls and ceilings.

Condition: The interior finishes of the building interior were observed to be in satisfactory condition.

Action: • Upgrade the community building interior finishes in 2016.

Building Interior - Total Current Cost $10,000



Replace water and sewer lines - 2015Asset ID G01.1

Water and Sewer LinesWater and Sewer Lines



14,300 LF @ $175.00Asset Cost $750,750.00


Description: 8” water lines and 8” truss sewer pipe.

Condition: Poor condition. There is groundwater infiltration into the sewer system. The water system in antiquated and in need of replacement.

Action: • Remove and replace a portion of the sewer and water lines every 15 years in conjunction with replacement of asphalt roads.

Water and Sewer Lines - Total Current Cost $750,750

Section 1 - Common AreasRA Annual Expenditure Spread Sheet


2014 2015 2016 2017 2018 2019 2020 2021 2022 2023DescriptionMaintenance Facility AreaReplace garage doors 14,420Maintenance Facility Area Total: 14,420

Asphalt RoadsCrackfill and Sealcoat 53,290Overlay roads 450,925Asphalt Roads Total: 450,925 53,290

Hay BarnReplace hay barn 38,003Hay Barn Total: 38,003

Livestock enclosureReplace livestock enclosures 117,430Replace shelter 27,823Livestock enclosure Total: 27,823 117,430

Wood BridgesMaintain wood bridges 1,236 1,433Wood Bridges Total: 1,236 1,433

VehiclesReplace CASE 580K backhoeReplace CASE 60XT skid steerReplace Chevy V30 28,000Replace Dodge Ram 250 57,005Replace Ford medium truck 45,895Replace GMC Water Truck 55,344Replace GMC pickup 41,753Replace Golf Cart 6,180Replace Honda four runner 7,649Replace Kubota Tractor 35,470Replace Toyota TundraReplace Vermeer Wood Chipper 9,839



2014 2015 2016 2017 2018 2019 2020 2021 2022 2023DescriptionVehicles continued...Replace Yanmar min Excavator 29,851Vehicles Total: 28,000 6,180 53,544 29,851 65,183 92,474 41,753

Entrance Monument and SignageReplace entrance monument and sign 79,567Entrance Monument and Signage Total: 79,567

Tennis CourtsReplace Tennis Court surface 127,308Replace Tennis fencingTennis Courts Total: 127,308

Livestock AreaReplace livestock enclosure 19,882Livestock Area Total: 19,882

Fishing Decks and BridgesReplace fishing decks 34,778Replace pedestrian bridges 18,008Fishing Decks and Bridges Total: 18,008 34,778

Gates and ValvesMaintain gates and valves 4,635 4,917 5,217 5,534 5,871Gates and Valves Total: 4,635 4,917 5,217 5,534 5,871

Sediment PondsDredge sediment in Pond 1 82,400Dredge sediment in Pond 2 216,300Sediment Ponds Total: 298,700

Building EnvelopePaint siding 1,868 2,166Replace sidingBuilding Envelope Total: 1,868 2,166



2014 2015 2016 2017 2018 2019 2020 2021 2022 2023DescriptionBuilding InteriorRemodel interior 10,609Building Interior Total: 10,609

Water and Sewer LinesReplace water and sewer lines 773,272Water and Sewer Lines Total: 773,272

Year Total: 28,0001,098,443 668,409 58,461 19,876 87,699 84,574 70,718 130,477 167,220



2024 2025 2026 2027 2028 2029 2030 2031 2032 2033DescriptionMaintenance Facility AreaReplace garage doors 22,466Maintenance Facility Area Total: 22,466

Asphalt RoadsCrackfill and Sealcoat 59,978 67,506 75,978Overlay roads 702,526Asphalt Roads Total: 59,978 67,506 702,526 75,978

Hay BarnReplace hay barnHay Barn Total:

Livestock enclosureReplace livestock enclosuresReplace shelterLivestock enclosure Total:

Wood BridgesMaintain wood bridges 1,661 1,926Wood Bridges Total: 1,661 1,926

VehiclesReplace CASE 580K backhoe 47,037Replace CASE 60XT skid steer 32,094Replace Chevy V30Replace Dodge Ram 250Replace Ford medium truckReplace GMC Water TruckReplace GMC pickupReplace Golf CartReplace Honda four runner 11,917Replace Kubota TractorReplace Toyota Tundra 39,921Replace Vermeer Wood Chipper



2024 2025 2026 2027 2028 2029 2030 2031 2032 2033DescriptionVehicles continued...Replace Yanmar min ExcavatorVehicles Total: 47,037 39,921 32,094 11,917

Entrance Monument and SignageReplace entrance monument and signEntrance Monument and Signage Total:

Tennis CourtsReplace Tennis Court surfaceReplace Tennis fencing 87,246Tennis Courts Total: 87,246

Livestock AreaReplace livestock enclosureLivestock Area Total:

Fishing Decks and BridgesReplace fishing decksReplace pedestrian bridgesFishing Decks and Bridges Total:

Gates and ValvesMaintain gates and valves 6,229 6,608 7,011 7,438 7,891Gates and Valves Total: 6,229 6,608 7,011 7,438 7,891

Sediment PondsDredge sediment in Pond 1Dredge sediment in Pond 2Sediment Ponds Total:

Building EnvelopePaint siding 2,511 2,911Replace siding 36,765Building Envelope Total: 36,765 2,511 2,911



2024 2025 2026 2027 2028 2029 2030 2031 2032 2033DescriptionBuilding InteriorRemodel interior 16,528Building Interior Total: 16,528

Water and Sewer LinesReplace water and sewer lines 1,278,102Water and Sewer Lines Total: 1,278,102

Year Total: 107,015 44,655 39,921 6,608 157,263 7,011 56,486 726,4931,365,997 10,802

Section 1 - Common AreasRA Annual Expenditure Detail


Description Expenditures

Replacement Year 2014Vehicles

Replace Chevy V30 28,000Total for 2014 $28,000

Replacement Year 2015Maintenance Facility Area

Replace garage doors 14,420Wood Bridges

Maintain wood bridges 1,236Vehicles

Replace Golf Cart 6,180Gates and Valves

Maintain gates and valves 4,635Sediment Ponds

Dredge sediment in Pond 1 82,400Dredge sediment in Pond 2 216,300

Water and Sewer LinesReplace water and sewer lines 773,272

Total for 2015 $1,098,443

Replacement Year 2016Asphalt Roads

Overlay roads 450,925Entrance Monument and Signage

Replace entrance monument and sign 79,567Tennis Courts

Replace Tennis Court surface 127,308Building Interior

Remodel interior 10,609Total for 2016 $668,409


Replace Ford medium truck 45,895




Replacement Year 2017 continued...Replace Honda four runner 7,649

Gates and ValvesMaintain gates and valves 4,917

Total for 2017 $58,461

Replacement Year 2018Fishing Decks and Bridges

Replace pedestrian bridges 18,008Building Envelope

Paint siding 1,868Total for 2018 $19,876

Replacement Year 2019Livestock enclosure

Replace shelter 27,823Livestock Area

Replace livestock enclosure 19,882Fishing Decks and Bridges

Replace fishing decks 34,778Gates and Valves

Maintain gates and valves 5,217Total for 2019 $87,699


Crackfill and Sealcoat 53,290Wood Bridges

Maintain wood bridges 1,433Vehicles

Replace Yanmar min Excavator 29,851Total for 2020 $84,574


Replace GMC Water Truck 55,344




Replacement Year 2021 continued...Replace Vermeer Wood Chipper 9,839

Gates and ValvesMaintain gates and valves 5,534

Total for 2021 $70,718

Replacement Year 2022Hay Barn

Replace hay barn 38,003Vehicles

Replace Dodge Ram 250 57,005Replace Kubota Tractor 35,470

Total for 2022 $130,477

Replacement Year 2023Livestock enclosure

Replace livestock enclosures 117,430Vehicles

Replace GMC pickup 41,753Gates and Valves

Maintain gates and valves 5,871Building Envelope



Crackfill and Sealcoat 59,978Vehicles

Replace CASE 580K backhoe 47,037Total for 2024 $107,015

Replacement Year 2025Wood Bridges

Maintain wood bridges 1,661




Replacement Year 2025 continued...Gates and Valves


Replace siding 36,765Total for 2025 $44,655


Replace Toyota Tundra 39,921Total for 2026 $39,921

Replacement Year 2027Gates and Valves



Crackfill and Sealcoat 67,506Tennis Courts

Replace Tennis fencing 87,246Building Envelope




Replacement Year 2030Maintenance Facility Area

Replace garage doors 22,466Wood Bridges

Maintain wood bridges 1,926




Replacement Year 2030 continued...Vehicles

Replace CASE 60XT skid steer 32,094Total for 2030 $56,486


Overlay roads 702,526Gates and Valves

Maintain gates and valves 7,438Building Interior

Remodel interior 16,528Total for 2031 $726,493


Crackfill and Sealcoat 75,978Vehicles

Replace Honda four runner 11,917Water and Sewer Lines

Replace water and sewer lines 1,278,102Total for 2032 $1,365,997




Section 1 - Common AreasRA Existing Reserve Study Summary


Report Date December 17, 2014

Budget Year Beginning December 31, 2014Budget Year Ending December 30, 2015

Report Parameters

Inflation 3.00%Annual Assessment Increase 3.00%Interest Rate on Reserve Deposit 0.25%

2014 Beginning Balance $1,158,433.00

Existing Funding Model Summary of Calculations

Required Monthly Contribution $9,000.00Average Net Monthly Interest Earned $247.97Total Monthly Allocation to Reserves $9,247.97

Section 1 - Common AreasRA Existing Reserve Study Projection


Beginning Balance: $1,158,433Projected Fully

Annual Annual Annual Ending Funded PercentYear Contribution Interest Expenditures Reserves Reserves Funded

2014 108,000 2,976 28,000 1,241,409 2,296,319 54%2015 111,240 509 1,098,443 254,714 1,375,105 18%2016 114,577 668,409 -299,118 912,778 -32%2017 118,015 58,461 -239,565 1,063,233 -22%2018 121,555 19,876 -137,886 1,253,609 -10%2019 125,202 87,699 -100,384 1,380,616 -7%2020 128,958 84,574 -56,000 1,522,541 -3%2021 132,826 70,718 6,109 1,682,070 0%2022 136,811 130,477 12,442 1,788,128 0%2023 140,916 167,220 -13,862 1,866,225 0%2024 145,143 107,015 24,266 2,008,744 1%2025 149,497 152 44,655 129,260 2,216,048 5%2026 153,982 432 39,921 243,753 2,430,311 10%2027 158,602 808 6,608 396,555 2,678,708 14%2028 163,360 820 157,263 403,472 2,782,074 14%2029 168,260 1,220 7,011 565,942 3,036,540 18%2030 173,308 1,510 56,486 684,274 3,244,288 21%2031 178,508 136 726,493 136,425 2,807,381 4%2032 183,863 1,365,997 -1,045,709 1,779,193 -58%2033 189,379 10,802 -867,132 2,107,351 -41%

Section 1 - Common AreasRA Final Reserve Study Summary




Report Parameters

Inflation 3.00%

Interest Rate on Reserve Deposit 0.25%


Final Funding Model Summary of Calculations


Section 1 - Common AreasRA Final Reserve Study Projection




2014 108,000 2,976 28,000 1,241,409 2,296,319 54%2015 116,100 515 1,098,443 259,580 1,375,105 18%2016 124,807 668,409 -284,022 912,778 -31%2017 134,168 58,461 -208,314 1,063,233 -19%2018 144,231 19,876 -83,960 1,253,609 -6%2019 155,048 87,699 -16,611 1,380,616 -1%2020 166,677 84,574 65,491 1,522,541 4%2021 179,177 230 70,718 174,181 1,682,070 10%2022 192,616 370 130,477 236,689 1,788,128 13%2023 207,062 454 167,220 276,986 1,866,225 14%2024 222,591 727 107,015 393,289 2,008,744 19%2025 239,286 1,197 44,655 589,117 2,216,048 26%2026 257,232 1,723 39,921 808,151 2,430,311 33%2027 276,525 2,381 6,608 1,080,448 2,678,708 40%2028 297,264 2,713 157,263 1,223,163 2,782,074 43%2029 319,559 3,477 7,011 1,539,187 3,036,540 50%2030 343,526 4,177 56,486 1,830,404 3,244,288 56%2031 369,290 3,263 726,493 1,476,465 2,807,381 52%2032 396,987 814 1,365,997 508,269 1,779,193 28%2033 426,761 1,823 10,802 926,052 2,107,351 43%

TABLE OF CONTENTSSection 2 - Condominium Areas



Section 2 - Condominium AreasRA Detail Report by Category


Replace siding - 2016Asset ID A01.1

Condominium AreasCondominium Buildings



Remaining Life 2

136,000 SF @ $10.00Asset Cost $68,000.00


Description: The façade on the condominium buildings is a vinyl lap siding with vinyl soffits and trim boards.

Condition: The vinyl lap siding, soffits and trim boards are in fair condition.

Action: • Repair vinyl siding as needed every 7 years starting in 2016.

Replace siding with fiber cement board - 2018

Asset ID A01.2Condominium Areas

Condominium BuildingsPlaced in Service October 2018



136,000 SF @ $9.00Asset Cost $1,224,000.00

Percent Replacement 100%Future Cost $1,377,622.78



Replace siding with fiber cement board continued...

Description: The façade on the condominium buildings is a vinyl lap siding with vinyl soffits and trim boards.

Condition: The vinyl lap siding, soffits and trim boards are in fair condition.

Action: • Replace vinyl siding with fiber cement board starting in 2018.

Condominium Buildings - Total Current Cost $1,292,000



Paint stairways - 2019Asset ID A02.2

Condominium AreasStairs and Landings



Remaining Life 5

6,400 SF @ $10.00Asset Cost $64,000.00


Description: Wood framed stairways, stair landings, guard rails and hand rails.

Condition: The stairways, stair landings, guard rails and hand rails appear to be in good to fair condition.

Action: ⦁ Cyclically scrape, prime and apply a new top coat of paint to the stairways, stair landings, guard rails and hand rails every 5 years starting in 2019.

Replace sections of stairs and landings - 2016

Asset ID A02.1Condominium AreasStairs and Landings



Remaining Life 2

6,400 SF @ $40.00Asset Cost $12,800.00




Replace sections of stairs and landings continued...

Description: Wood framed stairs, stair landings, guard rails and hand rails.

Condition: The stairs, stair landings, guard rails and hand rails appear to be in satisfactory condition.

Action: ⦁ Remove and replace 5% of the stairs, stair landings, guard rails and hand rails every 5 years starting in 2016.

Stairs and Landings - Total Current Cost $76,800



Repair asphalt roofs - 2016Asset ID A04.1

Condominium AreasSteep slope roofs



Remaining Life 2

713 UT @ $650.00Asset Cost $46,345.00


Description: Dimensional asphalt shingles over a felt membrane.

Comments: The asphalt shingles are in fair to satisfactory condition. Major repairs were made in 2012.

Action: • Repair sections of the asphalt shingle roofs in 2016.

Replace asphalt roofs - 2020Asset ID A04.2

Condominium AreasSteep slope roofs



Remaining Life 6

713 UT @ $650.00Asset Cost $463,450.00




Replace asphalt roofs continued...


Comments: The asphalt shingles are in fair to satisfactory condition. Major repairs were made in 2012.

Action: • Remove and replace the asphalt shingle roofs in 2020.

Replace asphalt roofs with standing seam metal roofs - 2020

Asset ID A04.2Condominium Areas

Steep slope roofsPlaced in Service April 2020



713 UT @ $600.00Asset Cost $427,800.00



Comments: The asphalt shingles are in fair to satisfactory condition. Major repairs were



Replace asphalt roofs with standing seam metal roofs continued...

made in 2012.

Action: • Replace the asphalt shingle roofs with standing seam metal roofing in 2020.

Steep slope roofs - Total Current Cost $937,595



Sweep chimneys - 2017Asset ID A05.1

Condominium AreasChimneys



Remaining Life 3

30 EA @ $300.00Asset Cost $9,000.00


Description: Metal chimney flues with metal caps. Comments: None. The cladding of the chimneys is included in the façade section of this report.

Action: ⦁ We recommend that the Association contract with a professional engineering/contracting company to evaluate the flue and fireplace construction, operation, cleaning and maintenance. ⦁ Sweep chimneys every 3 years starting in 2017.

Chimneys - Total Current Cost $9,000



Replace section of concrete - 2017Asset ID A06.1

Condominium AreasFlatwork



3,800 SF @ $15.00Asset Cost $5,700.00


Description: Presumed to be reinforced concrete slab on grade.

Condition: Many sidewalk areas slope towards the building and pond water. Several of the concrete slabs for parking are cracked and are showing signs of surface deterioration.

Action: • Cyclically remove and replace damaged sections of the concrete walkways and parking areas every eight years, starting in 2017.

Flatwork - Total Current Cost $5,700



Repair old electric wiring - 2017Asset ID A07.1

Condominium AreasElectric Wiring



1 UT @ $250,000.00Asset Cost $250,000.00


Description: Electrical wiring to condos.

Condition: There have been issues with the existing electrical wiring that should be addressed with the siding replacement.

Action: • Remove and replace electrical wiring with siding replacement in 2018.

Electric Wiring - Total Current Cost $250,000

Section 2 - Condominium AreasRA Annual Expenditure Spread Sheet


2014 2015 2016 2017 2018 2019 2020 2021 2022 2023DescriptionCondominium BuildingsReplace siding 72,141 88,725Replace siding with fiber cement board 1,377,623Condominium Buildings Total: 72,141 1,377,623 88,725

Stairs and LandingsPaint stairways 74,194Replace sections of stairs and landings 13,580Stairs and Landings Total: 13,580 74,194

Steep slope roofsRepair asphalt roofs 49,167Replace asphalt roofs 553,384Replace asphalt roofs with standing seam metal roofs

510,816Steep slope roofs Total: 49,167 1,064,199

ChimneysSweep chimneys 9,835 10,746 11,743Chimneys Total: 9,835 10,746 11,743

FlatworkReplace section of concrete 6,229Flatwork Total: 6,229

Electric Wiring Repair old electric wiring 273,182Electric Wiring Total: 273,182

Year Total: 134,888 289,2451,377,623 74,1941,074,946 100,468

Section 2 - Condominium AreasRA Annual Expenditure Spread Sheet


2024 2025 2026 2027 2028 2029 2030 2031 2032 2033DescriptionCondominium BuildingsReplace siding 109,120Replace siding with fiber cement boardCondominium Buildings Total: 109,120

Stairs and LandingsPaint stairways 86,011 99,710Replace sections of stairs and landings 21,156Stairs and Landings Total: 86,011 99,710 21,156

Steep slope roofsRepair asphalt roofsReplace asphalt roofsReplace asphalt roofs with standing seam metal roofs

Steep slope roofs Total:

ChimneysSweep chimneys 12,832 14,022 15,322Chimneys Total: 12,832 14,022 15,322

FlatworkReplace section of concrete 7,890 9,995Flatwork Total: 7,890 9,995

Electric Wiring Repair old electric wiring 346,058 438,377Electric Wiring Total: 346,058 438,377

Year Total: 86,011 353,949 12,832 113,732 109,120 21,156 15,322 448,371

Section 2 - Condominium AreasRA Annual Expenditure Detail



No Replacement in 2014No Replacement in 2015

Replacement Year 2016Condominium Buildings

Replace siding 72,141Stairs and Landings

Replace sections of stairs and landings 13,580Steep slope roofs

Repair asphalt roofs 49,167Total for 2016 $134,888

Replacement Year 2017Chimneys

Sweep chimneys 9,835Flatwork

Replace section of concrete 6,229Electric Wiring

Repair old electric wiring 273,182Total for 2017 $289,245


Replace siding with fiber cement board 1,377,623Total for 2018 $1,377,623

Replacement Year 2019Stairs and Landings

Paint stairways 74,194Total for 2019 $74,194

Replacement Year 2020Steep slope roofs

Replace asphalt roofs 553,384Replace asphalt roofs with standing seam metal roofs 510,816




Replacement Year 2020 continued...Chimneys

Sweep chimneys 10,746Total for 2020 $1,074,946



Replace siding 88,725Chimneys

Sweep chimneys 11,743Total for 2023 $100,468


Paint stairways 86,011Total for 2024 $86,011

Replacement Year 2025Flatwork







Paint stairways 99,710




Replacement Year 2029 continued...Chimneys





Replace sections of stairs and landings 21,156Total for 2031 $21,156



Replacement Year 2033Flatwork



Section 2 - Condominium AreasRA Existing Reserve Study Summary




Report Parameters





Section 2 - Condominium AreasRA Existing Reserve Study Projection




2014 36,000 3,345 1,356,170 2,532,027 53%2015 37,080 3,445 1,396,694 2,657,047 52%2016 38,192 3,210 134,888 1,303,208 2,658,519 49%2017 39,338 2,591 289,245 1,055,893 2,517,644 41%2018 40,518 1,377,623 -281,212 1,360,324 -20%2019 41,734 74,194 -313,671 1,511,626 -20%2020 42,986 1,074,946 -1,345,631 716,365 -187%2021 44,275 -1,301,356 996,749 -130%2022 45,604 -1,255,752 1,277,836 -98%2023 46,972 100,468 -1,309,248 1,462,160 -89%2024 48,381 86,011 -1,346,877 1,664,165 -80%2025 49,832 353,949 -1,650,993 1,609,767 -102%2026 51,327 12,832 -1,612,498 1,897,599 -84%2027 52,867 -1,559,631 2,199,016 -70%2028 54,453 -1,505,177 2,501,186 -60%2029 56,087 113,732 -1,562,822 2,693,690 -58%2030 57,769 109,120 -1,614,173 2,894,855 -55%2031 59,503 21,156 -1,575,827 3,185,481 -49%2032 61,288 15,322 -1,529,861 3,483,155 -43%2033 63,126 448,371 -1,915,106 3,362,262 -56%

Section 2 - Condominium AreasRA Final Reserve Study Summary




Report Parameters

Inflation 3.00%





Section 2 - Condominium AreasRA Final Reserve Study Projection




2014 36,000 3,345 1,356,170 2,532,027 53%2015 39,780 3,448 1,399,398 2,657,047 52%2016 43,957 3,224 134,888 1,311,691 2,658,519 49%2017 48,572 2,625 289,245 1,073,643 2,517,644 42%2018 53,672 1,377,623 -250,307 1,360,324 -18%2019 59,308 74,194 -265,192 1,511,626 -17%2020 65,535 1,074,946 -1,274,602 716,365 -177%2021 72,417 -1,202,186 996,749 -120%2022 80,020 -1,122,165 1,277,836 -87%2023 88,423 100,468 -1,134,210 1,462,160 -77%2024 97,707 86,011 -1,122,514 1,664,165 -67%2025 107,966 353,949 -1,368,497 1,609,767 -85%2026 119,303 12,832 -1,262,026 1,897,599 -66%2027 131,829 -1,130,196 2,199,016 -51%2028 145,671 -984,525 2,501,186 -39%2029 160,967 113,732 -937,290 2,693,690 -34%2030 177,868 109,120 -868,541 2,894,855 -30%2031 196,545 21,156 -693,153 3,185,481 -21%2032 217,182 15,322 -491,293 3,483,155 -14%2033 239,986 448,371 -699,679 3,362,262 -20%

TABLE OF CONTENTSSection 3 - Golf Course



Section 3 - Golf CourseRA Detail Report by Category


Mill and overlay - 2020Asset ID A01.2

Golf CourseAsphalt Parking



Remaining Life 6

4,300 SF @ $2.00Asset Cost $8,600.00


Description: Bituminous asphalt mat placed on prepared base soils.


Action/Cost(s): ⦁ Cyclically overlay asphalt surfaces including partial replacement every 15 years starting in 2020.

Sealcoat and crack fill - 2018Asset ID A01.1

Golf CourseAsphalt Parking



Remaining Life 4

4,300 SF @ $0.30Asset Cost $1,290.00




Sealcoat and crack fill continued...

Description: Bituminous asphalt mat placed on prepared base soils.


Action: ⦁ Cyclically sealcoat the asphalt surfaces every 4 years starting in 2018.

Asphalt Parking - Total Current Cost $9,890



Paint siding - 2016Asset ID A02.2

Golf CourseGolf Course Clubhouse Building



600 SF @ $2.00Asset Cost $1,200.00


Description: Wood framed structure on a spread footing foundation system. Board and batten wood siding.

Condition: The building envelope is in satisfactory condition.

Action: • Cyclically clean, scrape, prime and apply a new top coat of paint to the board and batten siding every 5 years starting in 2016.

Replace asphalt shingles - 2024Asset ID A02.3




3 UT @ $700.00Asset Cost $2,100.00




Replace asphalt shingles continued...

Description: Asphalt shingled sloped roof system.


Action/Cost(s): ⦁ Remove and replace the asphalt shingles in 2024.

Replace siding - 2019Asset ID A02.1




Remaining Life 5

600 SF @ $12.00Asset Cost $7,200.00


Description: Wood framed structure on a spread footing foundation system. Board and batten wood siding.

Condition: The building envelope is in satisfactory condition.



Replace siding continued...

Action: ⦁ Remove and replace the board and batten siding and trim in 2019.

Golf Course Clubhouse Building - Total Current Cost $10,500



Refurbish clubhouse interior - 2015Asset ID A03.1

Golf CourseGolf Course Clubhouse Interior



Remaining Life 1

1 UT @ $12,000.00Asset Cost $12,000.00


Description: There are two restrooms, the pro shop, the office and the equipment garage within the building.

Condition: The interior finishes of the restrooms and the clubhouse were in satisfactory condition.

Action: ⦁ Update the golf course clubhouse interior in 2015.

Golf Course Clubhouse Interior - Total Current Cost $12,000



Replace irrigation system - 2015Asset ID A04.1

Golf CourseGolf Course Irrigation System



Remaining Life 1

1 UT @ $650,000.00Asset Cost $650,000.00


Description: Class 200 piping and the original heads and fittings.

Condition: Fair condition, main irrigation pump and motor has been overhauled.

Action: • Install the new HDPE irrigation system in 2015.

Golf Course Irrigation System - Total Current Cost $650,000



Replace golf course trees - 2015Asset ID A05.1

Golf CourseGolf Course Trees



Remaining Life 1

78 UT @ $2,000.00Asset Cost $51,480.00


Description: Trees include Poplar, Douglas fir, and pine. Poplar trees – Approximately 34. Douglas fir and pine trees – Approximately 44.

Condition: Satisfactory condition. Some of the trees throughout the golf course have reached mature growth and some require heavy pruning and/or replacement.

Action: ⦁ Remove and replace a portion of the trees every 5 years starting in 2015.

Golf Course Trees - Total Current Cost $51,480

Section 3 - Golf CourseRA Annual Expenditure Spread Sheet


2014 2015 2016 2017 2018 2019 2020 2021 2022 2023DescriptionAsphalt ParkingMill and overlay 10,269Sealcoat and crack fill 1,452 1,634Asphalt Parking Total: 1,452 10,269 1,634

Golf Course Clubhouse BuildingPaint siding 1,273 1,476Replace asphalt shinglesReplace siding 8,347Golf Course Clubhouse Building Total: 1,273 8,347 1,476

Golf Course Clubhouse InteriorRefurbish clubhouse interior 12,360Golf Course Clubhouse Interior Total: 12,360

Golf Course Irrigation SystemReplace irrigation system 669,500Golf Course Irrigation System Total: 669,500

Golf Course TreesReplace golf course trees 53,024 61,470Golf Course Trees Total: 53,024 61,470

Year Total: 734,884 1,273 1,452 8,347 71,739 1,476 1,634

Section 3 - Golf CourseRA Annual Expenditure Spread Sheet


2024 2025 2026 2027 2028 2029 2030 2031 2032 2033DescriptionAsphalt ParkingMill and overlaySealcoat and crack fill 1,839 2,070Asphalt Parking Total: 1,839 2,070

Golf Course Clubhouse BuildingPaint siding 1,711 1,983Replace asphalt shingles 2,822Replace sidingGolf Course Clubhouse Building Total: 2,822 1,711 1,983

Golf Course Clubhouse InteriorRefurbish clubhouse interior 19,256Golf Course Clubhouse Interior Total: 19,256

Golf Course Irrigation SystemReplace irrigation systemGolf Course Irrigation System Total:

Golf Course TreesReplace golf course trees 71,260Golf Course Trees Total: 71,260

Year Total: 2,822 71,260 3,550 21,327 1,983

Section 3 - Golf CourseRA Annual Expenditure Detail



No Replacement in 2014

Replacement Year 2015Golf Course Clubhouse Interior

Refurbish clubhouse interior 12,360Golf Course Irrigation System

Replace irrigation system 669,500Golf Course Trees

Replace golf course trees 53,024Total for 2015 $734,884

Replacement Year 2016Golf Course Clubhouse Building



Replacement Year 2018Asphalt Parking

Sealcoat and crack fill 1,452Total for 2018 $1,452




Mill and overlay 10,269Golf Course Trees








Sealcoat and crack fill 1,634Total for 2022 $1,634



Replace asphalt shingles 2,822Total for 2024 $2,822

Replacement Year 2025Golf Course Trees



Sealcoat and crack fill 1,839Golf Course Clubhouse Building


No Replacement in 2027No Replacement in 2028No Replacement in 2029


Sealcoat and crack fill 2,070




Replacement Year 2030 continued...Golf Course Clubhouse Interior

Refurbish clubhouse interior 19,256Total for 2030 $21,327



Section 3 - Golf CourseRA Existing Reserve Study Summary




Report Parameters


2014 Beginning Balance


No Required Monthly ContributionAverage Net Monthly Interest EarnedTotal Monthly Allocation to Reserves

Section 3 - Golf CourseRA Existing Reserve Study Projection


Beginning Balance: $0Projected

Annual Annual Annual EndingYear Contribution Interest Expenditures Reserves

2014 02015 713,480 02016 1,200 02017 02018 1,290 02019 7,200 02020 60,080 02021 1,200 02022 1,290 02023 02024 2,100 02025 51,480 02026 2,490 02027 02028 02029 02030 13,290 02031 1,200 02032 02033 0

Section 3 - Golf CourseRA Final Reserve Study Summary




Report Parameters

Inflation 3.00%


2014 Beginning Balance


No Required Monthly ContributionAverage Net Monthly Interest EarnedTotal Monthly Allocation to Reserves

Section 3 - Golf CourseRA Final Reserve Study Projection


Beginning Balance: $0Projected

Annual Annual Annual EndingYear Contribution Interest Expenditures Reserves

2014 02015 734,884 02016 1,273 02017 02018 1,452 02019 8,347 02020 71,739 02021 1,476 02022 1,634 02023 02024 2,822 02025 71,260 02026 3,550 02027 02028 02029 02030 21,327 02031 1,983 02032 02033 0

TABLE OF CONTENTSSection 4 - Wastewater Treatment Plant



Section 4 - Wastewater Treatment PlantRA Detail Report by Category


Clarifier building - 2029Asset ID A01.01Waste Water Treatment Plant

WWTP EquipmentPlaced in Service August 2000

Useful Life 30Replacement Year 2029

Remaining Life 15

1,200 SF @ $14.00Asset Cost $16,800.00


Description: Onsite wastewater treatment systems used to treat wastewater from homes and return treated wastewater back into the receiving environment.

Condition: The clarifier building and components are housed in a concrete masonry unit (CMU) structure which has a ballasted EPDM roof. There are three, double bubble skylights on the roof of the building. The CMU structure, ballasted EPDM roof and skylights are in good condition.

Action: Remove and replace clarifer roof in 2029.



Replace motors - 2017Asset ID A01.02Waste Water Treatment Plant

MotorsPlaced in Service August 2010



2 UT @ $4,000.00Asset Cost $8,000.00


Description: Westinghouse 5hp, three phase, aeration motors.


Action: Remove and replace the Westinghouse 5hp, three phase, aeration motors every 7 years starting in 2017.



Replace aerator and impeller - 2020Asset ID A01.03Waste Water Treatment Plant

AeratorPlaced in Service August 2011


Remaining Life 6

2 UT @ $10,000.00Asset Cost $20,000.00


Description: Lightnin Aeration, 504Q5C w/impeller.


Action: ⦁ Remove and replace the Lightnin Aeration, 504Q5C w/impeller every 10 years starting in 2020.



Replace blower for digester - 2015Asset ID A01.13Waste Water Treatment Plant

BlowerPlaced in Service August 2007



1 UT @ $4,500.00Asset Cost $4,500.00


Description: 15hp Sutorbuilt PD blower for digester.


Action: ⦁ Remove and replace the 15hp Sutorbuilt PD blower for digester every 3 years starting in 2015.



Replace the PD blowers - 2017Asset ID A01.04Waste Water Treatment Plant

BlowerPlaced in Service August 2009



2 UT @ $4,000.00Asset Cost $8,000.00


Description: Suitorbilt PD blowers.


Action: ⦁ Remove and replace the Suitorbilt PD blowers every 8 years starting in 2017.



Replace sterling electric motor - 2017Asset ID A01.07Waste Water Treatment Plant

Electric MotorPlaced in Service August 2010



1 UT @ $10,000.00Asset Cost $10,000.00


Description: Sterling, 1.5hp electric motor.


Action: ⦁ Remove and replace the Sterling, 1.5hp electric motor every 7 years starting in 2017.



Replace the 3hp electric motors - 2018Asset ID A01.05Waste Water Treatment Plant

Electric MotorPlaced in Service August 2011



2 UT @ $2,000.00Asset Cost $4,000.00


Description: WEG, 3hp electric motors.


Action: ⦁ Remove and replace the WEG, 3hp electric motors every 7 years starting in 2018.



Replace westech clarifier and head drive - 2016

Asset ID A01.06Waste Water Treatment Plant

ClarifierPlaced in Service August 2002


Remaining Life 2

1 UT @ $27,000.00Asset Cost $27,000.00


Description: Westech Clarifier with raking mechanism and clarifier drive head.


Action: ⦁ Remove and replace the Westech Clarifier with raking mechanism and clarifier drive head every 15 years starting in 2016.



Replace MRC flow meters - 2016Asset ID A01.10Waste Water Treatment Plant

Flow MeterPlaced in Service August 2002


Remaining Life 2

2 UT @ $6,000.00Asset Cost $12,000.00


Description: MRC 5000 Flow meters.


Action: ⦁ Remove and replace the MRC 5000 Flow meters every 15 years starting in 2016.



Replace Mag flow meters - 2021Asset ID A01.08Waste Water Treatment Plant

Flow MeterPlaced in Service August 2011



2 UT @ $3,500.00Asset Cost $7,000.00


Description: Mag Flow meters, totalizer type mag 5000.


Action: ⦁ Remove and replace the Mag Flow meters, totalizer type mag 5000 every 10 years starting in 2021.



Replace submersible flow pumps - 2015


Submersible pumpsPlaced in Service August 2012



4 UT @ $4,000.00Asset Cost $16,000.00


Description: 1.7 hp Submersible flow pumps.


Action: ⦁ Remove and replace the 3067 Submersible flow pumps, 1.7hp every 3 years starting in 2015.



Replace electric control panel - 2021Asset ID A01.11Waste Water Treatment Plant

Control PanelPlaced in Service August 2002


Remaining Life 7

1 UT @ $36,000.00Asset Cost $36,000.00


Description: Allen Bradley electric control panel unit.


Action: ⦁ Remove and replace the Allen Bradley electric control panel unit every 20 years starting in 2021.



Replace effluent mixer - 2020Asset ID A01.12Waste Water Treatment Plant

Effluent mixerPlaced in Service August 2011


Remaining Life 6

1 UT @ $4,000.00Asset Cost $4,000.00


Description: Lightnin 6.5hp effluent mixer.


Action: ⦁ Remove and replace the Lightnin 6.5hp effluent mixer every 10 years starting in 2020.



Replace building heater - 2021Asset ID A01.14Waste Water Treatment Plant

HeaterPlaced in Service August 2001



1 UT @ $750.00Asset Cost $750.00

Percent Replacement 100%Future Cost $922.41

Description: Clairifier building heater unit.


Action: ⦁ Remove and replace the Clairifier building heater unit every 20 years starting in 2021.



None - 2014Asset ID A01.15Waste Water Treatment Plant

Solution ContainersPlaced in Service August 2000


Remaining Life 0

2 UT @ Asset Cost

Percent Replacement 100%Future Cost

Description: 100 gallon plastic C12 solution containers.


Action: ⦁ None. We were informed that the 100 gallon plastic C12 solution containers do not require maintenance or replacement.



Replace pulsation control pumps - 2014


Control PumpsPlaced in Service August 2012



2 UT @ $700.00Asset Cost $1,400.00


Description: Pulsation control pumps.


Action: ⦁ Remove and replace the Pulsation control pumps every 2 years starting in 2014.



Replace 15 hp motors for digester - 2021


15 HP MotorsPlaced in Service August 2007


Remaining Life 7

2 UT @ $4,000.00Asset Cost $8,000.00


Description: 15hp US Motors for digester.


Action: ⦁ Remove and replace the 15hp US Motors for digester every 15 years starting in 2021.



Replace influent control panel - 2027Asset ID A01.18Waste Water Treatment Plant

Influent Control PanelPlaced in Service August 2005


Remaining Life 13

1 UT @ $3,000.00Asset Cost $3,000.00


Description: Influent works control panel.


Action: ⦁ Remove and replace the Influent works control panel starting in 2027.



Replace digester roof, air and sludge pumps - 2015


DigesterPlaced in Service August 2000

Useful Life 20Adjustment -4


1 UT @ $100,000.00Asset Cost $100,000.00


Description: WWTP sludge digester.


Action: ⦁ Remove and replace the digester roof, air pumps, and sludge pumps in 2015.



Replace lagoon liner - 2021Asset ID A01.20Waste Water Treatment Plant

Lined LagoonPlaced in Service August 2000



1 UT @ $180,000.00Asset Cost $180,000.00


Description: Lagoon liner.


Action: ⦁ Remove and replace the lagoon liner in 2021.

Section 4 - Wastewater Treatment PlantRA Annual Expenditure Spread Sheet


2014 2015 2016 2017 2018 2019 2020 2021 2022 2023DescriptionWWTP EquipmentClarifier buildingWWTP Equipment Total:

MotorsReplace motors 8,742Motors Total: 8,742

AeratorReplace aerator and impeller 23,881Aerator Total: 23,881

BlowerReplace blower for digester 4,635 5,065 5,534Replace the PD blowers 8,742Blower Total: 4,635 8,742 5,065 5,534

Electric MotorReplace sterling electric motor 10,927Replace the 3hp electric motors 4,502Electric Motor Total: 10,927 4,502

ClarifierReplace westech clarifier and head drive 28,644Clarifier Total: 28,644

Flow MeterReplace MRC flow meters 12,731Replace Mag flow meters 8,609Flow Meter Total: 12,731 8,609

Submersible pumpsReplace submersible flow pumps 16,480 18,008 19,678Submersible pumps Total: 16,480 18,008 19,678



2014 2015 2016 2017 2018 2019 2020 2021 2022 2023DescriptionControl PanelReplace electric control panel 44,275Control Panel Total: 44,275

Effluent mixerReplace effluent mixer 4,776Effluent mixer Total: 4,776

HeaterReplace building heater 922Heater Total: 922

Solution ContainersNoneSolution Containers Total:

Control PumpsReplace pulsation control pumps 1,400 1,485 1,576 1,672 1,773Control Pumps Total: 1,400 1,485 1,576 1,672 1,773

15 HP MotorsReplace 15 hp motors for digester 9,83915 HP Motors Total: 9,839

Influent Control PanelReplace influent control panelInfluent Control Panel Total:

DigesterReplace digester roof, air and sludge pumps 103,000Digester Total: 103,000

Lined LagoonReplace lagoon liner 221,377Lined Lagoon Total: 221,377



2014 2015 2016 2017 2018 2019 2020 2021 2022 2023Description

Year Total: 1,400 124,115 42,860 28,411 29,151 30,329 310,236 1,773



2024 2025 2026 2027 2028 2029 2030 2031 2032 2033DescriptionWWTP EquipmentClarifier building 26,174WWTP Equipment Total: 26,174

MotorsReplace motors 10,751 13,223Motors Total: 10,751 13,223

AeratorReplace aerator and impeller 32,094Aerator Total: 32,094

BlowerReplace blower for digester 6,048 6,608 7,221 7,891Replace the PD blowers 11,074 14,028Blower Total: 6,048 11,074 6,608 7,221 21,919

Electric MotorReplace sterling electric motor 13,439 16,528Replace the 3hp electric motors 5,537 6,810Electric Motor Total: 13,439 5,537 16,528 6,810

ClarifierReplace westech clarifier and head drive 44,627Clarifier Total: 44,627

Flow MeterReplace MRC flow meters 19,834Replace Mag flow meters 11,570Flow Meter Total: 31,404

Submersible pumpsReplace submersible flow pumps 21,503 23,497 25,675 28,056Submersible pumps Total: 21,503 23,497 25,675 28,056



2024 2025 2026 2027 2028 2029 2030 2031 2032 2033DescriptionControl PanelReplace electric control panelControl Panel Total:

Effluent mixerReplace effluent mixer 6,419Effluent mixer Total: 6,419

HeaterReplace building heaterHeater Total:

Solution ContainersNoneSolution Containers Total:

Control PumpsReplace pulsation control pumps 1,881 1,996 2,118 2,247 2,383Control Pumps Total: 1,881 1,996 2,118 2,247 2,383

15 HP MotorsReplace 15 hp motors for digester15 HP Motors Total:

Influent Control PanelReplace influent control panel 4,406Influent Control Panel Total: 4,406

DigesterReplace digester roof, air and sludge pumpsDigester Total:

Lined LagoonReplace lagoon linerLined Lagoon Total:



2024 2025 2026 2027 2028 2029 2030 2031 2032 2033Description

Year Total: 53,622 16,611 1,996 34,511 2,118 26,174 73,656 105,782 9,193 49,975

Section 4 - Wastewater Treatment PlantRA Annual Expenditure Detail



Replacement Year 2014Solution Containers

NoneControl Pumps

Replace pulsation control pumps 1,400Total for 2014 $1,400

Replacement Year 2015Blower

Replace blower for digester 4,635Submersible pumps

Replace submersible flow pumps 16,480Digester

Replace digester roof, air and sludge pumps 103,000Total for 2015 $124,115

Replacement Year 2016Clarifier

Replace westech clarifier and head drive 28,644Flow Meter

Replace MRC flow meters 12,731Control Pumps


Replacement Year 2017Motors

Replace motors 8,742Blower

Replace the PD blowers 8,742Electric Motor

Replace sterling electric motor 10,927Total for 2017 $28,411


Replace blower for digester 5,065




Replacement Year 2018 continued...Electric Motor

Replace the 3hp electric motors 4,502Submersible pumps

Replace submersible flow pumps 18,008Control Pumps



Replacement Year 2020Aerator

Replace aerator and impeller 23,881Effluent mixer

Replace effluent mixer 4,776Control Pumps



Replace blower for digester 5,534Flow Meter

Replace Mag flow meters 8,609Submersible pumps

Replace submersible flow pumps 19,678Control Panel

Replace electric control panel 44,275Heater

Replace building heater 92215 HP Motors

Replace 15 hp motors for digester 9,839Lined Lagoon

Replace lagoon liner 221,377Total for 2021 $310,236




Replacement Year 2022Control Pumps




Replace motors 10,751Blower

Replace blower for digester 6,048Electric Motor

Replace sterling electric motor 13,439Submersible pumps

Replace submersible flow pumps 21,503Solution Containers

NoneControl Pumps



Replace the PD blowers 11,074Electric Motor

Replace the 3hp electric motors 5,537Total for 2025 $16,611




Replace blower for digester 6,608




Replacement Year 2027 continued...Submersible pumps

Replace submersible flow pumps 23,497Influent Control Panel

Replace influent control panel 4,406Total for 2027 $34,511



Replacement Year 2029WWTP Equipment

Clarifier building 26,174Total for 2029 $26,174

Replacement Year 2030Aerator

Replace aerator and impeller 32,094Blower

Replace blower for digester 7,221Submersible pumps

Replace submersible flow pumps 25,675Effluent mixer

Replace effluent mixer 6,419Control Pumps



Replace motors 13,223Electric Motor

Replace sterling electric motor 16,528




Replacement Year 2031 continued...Clarifier

Replace westech clarifier and head drive 44,627Flow Meter

Replace Mag flow meters 11,570Replace MRC flow meters 19,834

Total for 2031 $105,782

Replacement Year 2032Electric Motor

Replace the 3hp electric motors 6,810Control Pumps



Replace blower for digester 7,891Replace the PD blowers 14,028

Submersible pumpsReplace submersible flow pumps 28,056

Total for 2033 $49,975

Section 4 - Wastewater Treatment PlantRA Existing Reserve Study Summary




Report Parameters


2014 Beginning Balance $237,813.00


Required Monthly Contribution $867.75Average Net Monthly Interest Earned $50.49Total Monthly Allocation to Reserves $918.24

Section 4 - Wastewater Treatment PlantRA Existing Reserve Study Projection


Beginning Balance: $237,813Projected Fully


2014 10,413 606 1,400 247,432 418,700 59%2015 10,725 323 124,115 134,365 336,769 39%2016 11,047 244 42,860 102,796 337,648 30%2017 11,379 202 28,411 85,965 354,418 24%2018 11,720 158 29,151 68,693 371,475 18%2019 12,072 188 80,953 417,799 19%2020 12,434 144 30,329 63,201 434,859 14%2021 12,807 310,236 -234,228 184,363 -127%2022 13,191 1,773 -222,811 242,528 -91%2023 13,587 -209,224 302,616 -69%2024 13,994 53,622 -248,852 310,794 -80%2025 14,414 16,611 -251,049 356,643 -70%2026 14,846 1,996 -238,199 417,319 -57%2027 15,292 34,511 -257,417 446,660 -57%2028 15,751 2,118 -243,784 508,613 -47%2029 16,223 26,174 -253,735 547,805 -46%2030 16,710 73,656 -310,681 541,887 -57%2031 17,211 105,782 -399,252 507,466 -78%2032 17,727 9,193 -390,718 570,085 -68%2033 18,259 49,975 -422,434 593,548 -71%

Section 4 - Wastewater Treatment PlantRA Final Reserve Study Summary




Report Parameters

Inflation 3.00%


2014 Beginning Balance $237,813.00


Required Monthly Contribution $867.75Average Net Monthly Interest Earned $50.49Total Monthly Allocation to Reserves $918.24

Section 4 - Wastewater Treatment PlantRA Final Reserve Study Projection


Beginning Balance: $237,813Projected Fully


2014 10,413 606 1,400 247,432 418,700 59%2015 11,506 324 124,115 135,147 336,769 40%2016 12,715 248 42,860 105,250 337,648 31%2017 14,050 211 28,411 91,100 354,418 25%2018 15,525 176 29,151 77,650 371,475 20%2019 17,155 218 95,022 417,799 22%2020 18,956 188 30,329 83,837 434,859 19%2021 20,947 310,236 -205,452 184,363 -111%2022 23,146 1,773 -184,079 242,528 -75%2023 25,576 -158,503 302,616 -52%2024 28,262 53,622 -183,864 310,794 -59%2025 31,229 16,611 -169,245 356,643 -47%2026 34,508 1,996 -136,733 417,319 -32%2027 38,132 34,511 -133,112 446,660 -29%2028 42,135 2,118 -93,094 508,613 -18%2029 46,560 26,174 -72,708 547,805 -13%2030 51,448 73,656 -94,916 541,887 -17%2031 56,851 105,782 -143,848 507,466 -28%2032 62,820 9,193 -90,221 570,085 -15%2033 69,416 49,975 -70,780 593,548 -11%

Documents

The Ranch atRoaring Fork Reserve Study · 2020-04-14 · The Ranch atRoaring Fork Reserve Study Final Reserve Study Project No. 14030 Prepared for Ranch at Roaring Fork Homeowners