Briefing on the Briefing on the EmbarcaderoEmbarcadero

Thank you Realtors for joining usThank you Realtors for joining us

OBJECTIVESOBJECTIVES

MilestonesMilestones Recent Accomplishments Recent Accomplishments Future ProjectsFuture Projects RecognitionRecognition PhotosPhotos ChallengesChallenges UpgradesUpgrades

Milestones we have reached:Milestones we have reached:

Completed a Full Audit – No ProblemsCompleted a Full Audit – No Problems Completed Reserve Study – Adopted to Completed Reserve Study – Adopted to

fully fundfully fund Reserve Program (Common Areas, RLC & Reserve Program (Common Areas, RLC &

Marina) on track and on budgetMarina) on track and on budget

Recent Accomplishments Recent Accomplishments

Sealing the envelope through roof and deck Sealing the envelope through roof and deck work – addressing all dry rot foundwork – addressing all dry rot found

Last condo roof “I” building completed 2010Last condo roof “I” building completed 2010 RLC Roof scheduled for this fallRLC Roof scheduled for this fall Gutter program for completed decks and new Gutter program for completed decks and new

sidingsiding Remodel Fireside RoomRemodel Fireside Room Upgrade RestaurantUpgrade Restaurant Upgrade gift storeUpgrade gift store Landscaping UpgradesLandscaping Upgrades

Future ProjectsFuture Projects

Rebuild marina Rebuild marina Reduce sediment entering our marinaReduce sediment entering our marina Achieve land lease cost reduction goalsAchieve land lease cost reduction goals Major energy savings programsMajor energy savings programs Continuation of deck replacement programContinuation of deck replacement program

Deck ScheduleDeck Schedule(Decks, Doors, Windows, Thresholds, Shingles…)(Decks, Doors, Windows, Thresholds, Shingles…)

Decks Completed 2008/2009 Decks Completed 2008/2009 3535 Decks scheduled 2010Decks scheduled 2010 4343 Decks scheduled 2011Decks scheduled 2011 4343 Decks Scheduled 2012Decks Scheduled 2012 4343 Decks scheduled 2013Decks scheduled 2013 4343 Decks scheduled 2014Decks scheduled 2014 4646 Total decks to be completedTotal decks to be completed 253253

Chamber RecognitionChamber RecognitionLeading to Increased restaurant trafficLeading to Increased restaurant trafficAnd increased room occupancy rateAnd increased room occupancy rate

Now, here are some photos Now, here are some photos of what we have done so of what we have done so far…far…

Roofs Scheduled 2010Roofs Scheduled 2010“I” Building RLC Bldg.“I” Building RLC Bldg.

Dry Rot found during deck workDry Rot found during deck work

Completed DecksCompleted DecksWood VinylWood Vinyl

Beam ReplacementBeam Replacement

New Building GuttersNew Building Gutters

C Building ImprovementsC Building ImprovementsBefore & AfterBefore & After

C Building ImprovementsC Building ImprovementsBefore & AfterBefore & After

Directional SignsDirectional Signs

Fireside Room Now UpdatedFireside Room Now Updated

Restaurant has a new lookRestaurant has a new look

Gift Shop ModificationsGift Shop Modifications

ObjectivesObjectives Energy ConservationEnergy Conservation

$48,355$48,355 less rebate less rebate $25,948$25,948 = = $22,407$22,407

Vapor BarrierVapor Barrier

Wrapped PipesWrapped Pipes

Under-floor insulationUnder-floor insulation

Water-saving shower heads Water-saving shower heads (w/rebate)(w/rebate)

2010 Reserve Fund Projects2010 Reserve Fund Projects Boardwalk RepairsBoardwalk Repairs $ 22,500$ 22,500 Dry Rot decks/doors/windowsDry Rot decks/doors/windows $474,300*$474,300* Fireside/Restaurant CarpetFireside/Restaurant Carpet $ 18,250$ 18,250 ““I” Building Roof & SkylightsI” Building Roof & Skylights $ 65,925*$ 65,925* Deck and Roof GuttersDeck and Roof Gutters $ 9,610*$ 9,610* ““F” Building Support BeamsF” Building Support Beams $ 45,000$ 45,000 HVAC HVAC (heating, venting, air conditioning)(heating, venting, air conditioning) $ 84,000$ 84,000 RLC Roof ReplacementRLC Roof Replacement $151,745$151,745 Marina Lockers/Floats by Charter AreaMarina Lockers/Floats by Charter Area $ 76,200*$ 76,200* Whaler Wood “C” DockWhaler Wood “C” Dock $ 50,000$ 50,000 Electrical Upgrade “E” dockElectrical Upgrade “E” dock $ 30,000$ 30,000

*continuing projects*continuing projects

~It’s all about the view~~It’s all about the view~

We would love your feedbackWe would love your feedback

Comments/Impressions PleaseComments/Impressions Please

Questions?Questions?

This presentation can be found on our This presentation can be found on our website: website: www.embarcaderouoa.comwww.embarcaderouoa.com under under “Realtor Corner”“Realtor Corner”