Gainey Ranch CA Reserve Management Plan Type 1 Reserve ... · The site analysis was performed on...
Transcript of Gainey Ranch CA Reserve Management Plan Type 1 Reserve ... · The site analysis was performed on...
Gainey Ranch CA
Reserve Management Plan
Type 1
Reserve Study with On-Site Analysis
For 30-Year Projection Period Beginning January 1, 2020
Cover
Final Revision
Gainey Ranch CAJanuary 1, 2020
Gainey Ranch CA
Reserve Management Plan
Table of ContentsTable of Contents
Cover 1Table of Contents 2Preparer’s Report on Reserve Study 3tatement of Position 5Summary of Major Components 6Summary of Major Sub-Components 7Cash Flow - Annual 8Cash Flow - Chart 9Expenditures - Matrix 10Expenditures - Matrix 13Component List - Summary 16Component List - Category Sub-components 17Component List - Category - Chart 18Disclosures 19Supplementary Information 25Component List - Detail 26
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Final Revision
Preparer’s Report on Reserve StudyPreparer’s Report on Reserve Study
Reserve Management Plan
Type I Reserve Study With On-Site AnalysisFor 30-Year Projection Period Beginning January 1, 2020
Board of DirectorsGainey Ranch CAScottsdale, AZ
Description of Reserve Management Plan Engagement and Reserve Study Report
A reserve management plan engagement involves the reserve professional providing assistance to management of Gainey Ranch CA by helping them identify key factors, develop assumptions, gather and assemble information, and develop a financial model so they may consider the results based upon their stated assumptions.
A Type I reserve study engagement is based on an on-site analysis. The on-site analysis of Gainey Ranch CA upon which this reserve management plan is based was performed by Greg Libke of Facilities Advisors Arizona LLC on October 26, 2019.
The attached basic financial exhibits and disclosures comprise a Type I Reserve Study report of Gainey Ranch CA. The basic financial exhibits comprising this reserve study report are the statement of position and summary component list as of January 1, 2020, statements of projected cash flows and expenditures for the 30-year period beginning January 1, 2020, and related disclosures that provide important information regarding the basic financial exhibits.
Management’s Responsibility for Reserve Study
The Governing Body of Gainey Ranch CA is responsible for the preparation and fair presentation of this reserve study report in accordance with Generally Accepted Reserve Study Principles.
Reserve Professional’s Responsibility
Our responsibility is to perform our reserve management plan engagement and compile the reserve study report in accordance with Generally Accepted Reserve Study Standards.
Report on Reserve Study
Our reserve management plan engagement was performed in accordance with Generally Accepted Reserve Study Standards. A reserve study involves performing procedures to identify, quantify and evaluate condition of components based upon a visual observation for the purpose of making a financial projection. The procedures selected are based on the reserve professional ’s judgment. We believe that the procedures we have performed are sufficient and appropriate to support the reserve study report as presented. We are not responsible for any events subsequent to the date of this report.
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Final Revision
We have compiled the accompanying reserve study report of Gainey Ranch CA, comprised of the financial exhibits referred to above in accordance with Generally Accepted Reserve Study Principles.
This reserve study report was prepared using software meeting the reserve study calculation and software standards of the International Capital Budgeting Institute.
We are not aware of any material modifications that should be made to the financial exhibits referred to above, based upon the stated significant assumptions and exclusions, for them to be presented in conformity with Generally Accepted Reserve Study Principles.
This reserve study report is restricted to the management and members of the Gainey Ranch CA, and should not be relied upon by others not involved in the establishment of the significant assumptions and exclusions upon which this report is based. Readers of the reserve study report should consider the significant assumptions, excluded components, and general exclusions in forming their own conclusions regarding the reserve study report.
Required Supplementary Information
Generally Accepted Reserve Study Standards require that the component list compiled at the major or minor component level be presented to supplement the basic financial exhibits. This component list is the responsibility of the Gainey Ranch CA’s management and was used to prepare the basic financial exhibits. The information contained in this list has been subjected to the procedures applied in the compilation of the reserve study report, and we are not aware of any material modifications that should be made thereto.
Regulatory Information
In the case of common interest realty associations located in the U.S.A., Generally Accepted Reserve Study Standards require that regulatory disclosures be presented to supplement the basic financial exhibits. Regulatory Disclosures consist of supplemental information required by the Financial Accounting Standards Board and any disclosures required by state or local jurisdictions. Such information is the responsibility of the Gainey Ranch CA’s management and was derived from the component list used to prepare the reserve study report. The information has been subjected to the procedures applied in the compilation of the basic reserve study report, and we are not aware of any material modifications that should be made thereto.
Facilities Advisors Arizona LLCGreg LibkeMarch 28, 2020
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Final Revision
Gainey Ranch CAJanuary 1, 2020
tatement of PositionStatement of Position
Projection period: January 1, 2020 to 2049Type of Project: Planned Urban DevelopmentNumber of Units: 1On-Site analysis performed by: Greg LibkeComponent analysis performed by: Greg LibkeReport prepared by: Greg LibkeNo special assessments are considered necessary during the 30-year projection period.
Current Replacement Cost of All Components $ 2,859,514
Future Replacement Cost of All Components $ 3,367,052
Projected Balance of Reserve Funds at January 1, 2020 $ 336,233
100% Funded Amount at January 1, 2020 $ 1,262,811
Percent Funded at January 1, 2020 26.62 %
Reserve (Surplus)/Deficit – Average per Unit at January 1, 2020 $ 926,577
Projected Reserve Contribution $ 211,911
Average Annual Reserve Contribution Per Unit $ 211,911
Monthly Reserve Contribution First Year of Projection $ 17,659
Average Monthly Reserve Contribution Per Unit $ 17,659
Projected Special Assessment $ 0
Projected Inflation Rate 1.50 %
Projected Interest Rate 0.50 %
Components Excluded from This Report
Major Component Reason ExcludedBuilding Structures Lifetime ComponentUtilities - Underground and in Structure Long-lived Component – Never previously included
in study, and Excluded per Board decisionStreet Base Lifetime Component Hardscape – sidewalks and curbs Lifetime ComponentIrrigation Lines and Sprinklers Included in Operating BudgetMajor Tree Trimming Included in Operating BudgetLandscape / Plant Replacement Included in Operating BudgetFitness Equipment Equipment Leasing
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Final Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Summary of Major Components
Estimated Estimated
Remaining Future
Useful Lives Replacement
Categories Years Cost
90 0-20 $ 1,135,80791 0-27 520,40492 0-23 777,47694 0-36 933,359
$ 3,367,046
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Final Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Summary of Major Sub-Components
Estimated Estimated
Remaining Future
Useful Lives Replacement
Categories Years Cost
Asphalt 3-13 $ 779,953Building 27 81,626Computer & Software 0- 5 127,473Equipment 0-12 241,230Estate Club Building 0-20 160,695Fitness Center 0-10 31,276Floor Covering 2-12 24,714Furniture & Fixtures 0- 8 107,941Gates 0-14 258,083HVAC 0- 9 19,445Irrigation 0- 3 17,002Kitchen Equipment 2- 5 21,541Landscaping 4 21,333Office/Mechanical Devices 7- 9 23,420Paint/Repair 0-10 221,141Pool/Terraces & Equipment 1- 9 103,782Pool/Terraces & Equipment 1 867Re-Stripe 1 7,637Roofing 1-20 46,464Tennis Courts & Equipment 0-36 557,274Vehicles 0-23 514,149
$ 3,367,046
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Final Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Cash Flow - Annual
Period Beginning Balance Contribution Interest Earned Expenditures Ending Balance
01/20 - 12/20 $ 336,233.74 $ 211,911.00 $ 1,637.45 $ 216,297.10 $ 333,485.09
01/21 - 12/21 333,485.09 245,103.00 1,374.17 295,088.50 284,873.76
01/22 - 12/22 284,873.76 245,103.00 1,543.53 184,418.16 347,102.13
01/23 - 12/23 347,102.13 245,103.00 1,780.32 198,700.79 395,284.66
01/24 - 12/24 395,284.66 245,103.00 1,811.79 218,749.04 423,450.41
01/25 - 12/25 423,450.41 245,103.00 2,104.39 178,220.12 492,437.68
01/26 - 12/26 492,437.68 245,103.00 1,877.59 360,361.79 379,056.48
01/27 - 12/27 379,056.48 278,295.00 2,087.93 166,658.01 492,781.40
01/28 - 12/28 492,781.40 278,295.00 2,367.89 298,590.76 474,853.53
01/29 - 12/29 474,853.53 278,295.00 2,538.80 181,448.30 574,239.03
$ 336,233.74 $ 2,517,414.00 $ 19,123.86 $ 2,298,532.57 $ 574,239.03
Period Beginning Balance Contribution Interest Earned Expenditures Ending Balance
01/30 - 12/30 $ 574,239.03 $ 278,295.00 $ 3,113.28 $ 173,079.41 $ 682,567.90
01/31 - 12/31 682,567.90 278,295.00 3,585.58 184,272.01 780,176.47
01/32 - 12/32 780,176.47 278,295.00 3,820.62 248,816.06 813,476.03
01/33 - 12/33 813,476.03 311,487.00 2,934.52 904,789.33 223,108.22
01/34 - 12/34 223,108.22 311,487.00 939.80 262,292.22 273,242.80
01/35 - 12/35 273,242.80 311,487.00 1,341.03 266,278.19 319,792.64
01/36 - 12/36 319,792.64 311,487.00 1,316.24 310,720.17 321,875.71
01/37 - 12/37 321,875.71 311,487.00 1,716.27 203,488.63 431,590.35
01/38 - 12/38 431,590.35 311,487.00 2,073.82 263,210.71 481,940.46
01/39 - 12/39 481,940.46 344,679.00 2,752.75 153,260.62 676,111.59
$ 574,239.03 $ 3,048,486.00 $ 23,593.91 $ 2,970,207.35 $ 676,111.59
Period Beginning Balance Contribution Interest Earned Expenditures Ending Balance
01/40 - 12/40 $ 676,111.59 $ 344,679.00 $ 3,457.58 $ 269,756.65 $ 754,491.52
01/41 - 12/41 754,491.52 344,679.00 3,389.43 411,052.20 691,507.75
01/42 - 12/42 691,507.75 344,679.00 3,599.91 255,619.95 784,166.71
01/43 - 12/43 784,166.71 344,679.00 3,714.88 380,974.61 751,585.98
01/44 - 12/44 751,585.98 344,679.00 3,256.02 437,072.66 662,448.34
01/45 - 12/45 662,448.34 377,871.00 3,470.84 250,076.79 793,713.39
01/46 - 12/46 793,713.39 377,871.00 4,155.00 246,902.89 928,836.50
01/47 - 12/47 928,836.50 377,871.00 4,828.54 300,438.13 1,011,097.91
01/48 - 12/48 1,011,097.91 377,871.00 3,609.80 1,096,328.11 296,250.60
01/49 - 12/49 296,250.60 377,871.00 1,705.72 202,479.76 473,347.56
$ 676,111.59 $ 3,612,750.00 $ 35,187.72 $ 3,850,701.75 $ 473,347.56
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Final Revision
Analysis Date - January 1, 2020Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
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Cash Flow - Chart
Final Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Expenditures - Matrix
Category 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
90 $ 41,669 $ 45,117 $ 57,345 $ 61,825 $ 39,407 $ 136,294 $ 14,106 $ 75,731 $ 102,65391 53,131 85,293 65,049 23,122 51,965 31,264 102,315 39,412 53,298 27,38092 89,445 114,917 104,579 17,567 54,689 82,400 110,022 85,911 98,046 25,53494 32,049 49,760 14,789 100,664 50,268 25,148 11,728 27,227 71,513 25,879
$ 216,297 $ 295,088 $ 184,418 $ 198,700 $ 218,749 $ 178,220 $ 360,361 $ 166,658 $ 298,590 $ 181,448
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Final Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Expenditures - Matrix
Category 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039
90 $ 62,556 $ 12,173 $ 7,336 $ 721,080 $ 61,307 $ 78,829 $ 28,791 $ 4,791 $ 76,433 $ 45,81291 26,354 81,184 82,901 50,795 62,225 42,266 94,555 53,391 46,854 53,57692 43,893 26,375 125,363 53,805 79,230 119,364 177,028 114,828 86,206 31,73694 40,275 64,537 33,214 79,107 59,527 25,817 10,344 30,476 53,716 22,134
$ 173,079 $ 184,272 $ 248,816 $ 904,789 $ 262,292 $ 266,278 $ 310,720 $ 203,488 $ 263,210 $ 153,260
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Final Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Expenditures - Matrix
Category 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049
90 $ 63,670 $ 176,056 $ 47,128 $ 67,791 $ 157,237 $ 72,947 $ 11,128 $ 3,755 $ 911,077 $ 80,10491 47,906 114,423 63,131 54,343 72,176 41,071 97,807 133,509 60,334 53,20592 104,390 50,722 119,323 106,566 130,554 91,868 112,800 118,023 83,196 56,57394 53,789 69,850 26,036 152,272 77,103 44,189 25,167 45,149 41,719 12,595
$ 269,756 $ 411,052 $ 255,619 $ 380,974 $ 437,072 $ 250,076 $ 246,902 $ 300,438 $ 1,096,328 $ 202,479
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Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Expenditures - Matrix
Subcategory 2 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
Asphalt $ 45,940 $ 47,138Computer & Software 36,986 35,720 14,102 18,024 17,104 13,577 31,078 25,377 42,275 15,661Equipment 18,491 49,115 25,275 2,417 6,719 34,565 25,930 15,515 72,914 20,245Estate Club Building 2,864 34,527 61,178 10,666 5,508 2,447 4,590Fitness Center 7,034 8,160 2,165 6,708Floor Covering 6,875 9,593 2,222Furniture & Fixtures 16,443 8,160 4,215 21,805 255 2,271 6,725 18,365 31,967Gates 30,884 26,401 26,707 5,522 33,905 19,422 41,644 19,851 28,792 10,113HVAC 3,718 3,570 3,951 4,193 4,011Irrigation 1,205 5,100 1,237 9,457Kitchen Equipment 1,192 9,491 10,857 1,284Landscaping 21,332Office/Mechanical Devices 2,788 20,632Paint/Repair 35,372 47,050 3,300 2,784 38,106 164,227 2,999Pool/Terraces & Equipment 3,045 6,204 18,287 3,280 67,042 9,352Pool/Terraces & Equipment 867 962Re-Stripe 7,637 7,986 8,351Roofing 7,644Tennis Courts & Equipment 11,887 3,161 3,256 21,058 9,853 8,114 3,508 11,936Vehicles 51,408 54,927 95,307 18,822 77,479 47,400 72,373 55,630 43,933 37,766
$ 216,297 $ 295,088 $ 184,418 $ 198,700 $ 218,749 $ 178,220 $ 360,361 $ 166,658 $ 298,590 $ 181,448
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Final Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Expenditures - Matrix
Subcategory 2 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039
Asphalt $ 5,047 $ 6,541 $ 686,873 $ 44,681 $ 5,685Computer & Software 19,198 14,343 33,804 22,366 26,683 43,039 20,450 15,683 41,413 19,760Equipment 23,666 23,374 43,052 23,604 18,608 27,506 50,121 19,559 41,688 27,246Estate Club Building 3,323 40,662 47,202 12,378 4,413 6,392 9,312 42,699Fitness Center 17,536 9,470 2,512 7,785Floor Covering 14,002 11,133 2,579Furniture & Fixtures 7,115 12,516 24,391 618 3,578 8,369 320Gates 10,432 20,676 26,609 30,368 44,374 25,113 25,384 31,873 18,562 32,620HVAC 4,445 4,724Irrigation 1,399 1,436 6,376 11,824Kitchen Equipment 7,067 1,383 3,733 3,750 1,490 7,961Landscaping 24,757Office/Mechanical Devices 3,003 3,236Paint/Repair 49,614 47,420 3,830 3,231 53,449 54,344 3,481Pool/Terraces & Equipment 6,989 8,250 15,343 3,864 7,873Pool/Terraces & Equipment 1,067Re-Stripe 8,732 9,131 9,548 9,984Roofing 8,871Tennis Courts & Equipment 5,310 7,337 3,779 29,608 11,435 3,952 8,023 13,852Vehicles 19,759 89,939 50,104 89,918 90,409 118,291 91,710 50,986 35,827
$ 173,079 $ 184,272 $ 248,816 $ 904,789 $ 262,292 $ 266,278 $ 310,720 $ 203,488 $ 263,210 $ 153,260
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Final Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Expenditures - Matrix
Subcategory 2 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049
Asphalt $ 7,478 $ 58,933 $ 6,405 $ 858,751Building 81,625Computer & Software 19,011 29,627 50,529 22,134 40,045 22,226 20,159 20,475 41,919 50,014Equipment 34,802 30,948 41,355 78,695 15,946 19,527 3,749 31,001 46,455 55,952Estate Club Building 21,643 39,633 31,426 20,105 15,558 8,574 25,158Fitness Center 9,474 10,990 14,633 9,035Floor Covering 9,260 12,920 10,523Furniture & Fixtures 13,562 19,399 4,981 67,564 9,832 3,059 739 16,098Gates 22,796 37,725 16,624 34,478 40,984 18,540 24,366 18,008 29,147 36,934HVAC 5,014 4,808 5,315 5,648 5,403Irrigation 1,624 1,667Kitchen Equipment 11,427 4,333 4,352 10,698Landscaping 28,732Office/Mechanical Devices 3,486 25,794 3,755Paint/Repair 57,579 210,149 4,445 3,750 62,029 54,086 4,040Pool/Terraces & Equipment 8,250 4,162 83,819 20,922 4,352 8,869 8,250Pool/Terraces & Equipment 1,185 1,315Re-Stripe 10,441 10,917 11,416Roofing 38,819 10,296Tennis Courts & Equipment 6,163 9,994 4,386 32,815 17,790 9,311 6,367 11,280Vehicles 31,013 96,052 50,386 137,642 72,645 106,452 74,925 59,171 41,579
$ 269,756 $ 411,052 $ 255,619 $ 380,974 $ 437,072 $ 250,076 $ 246,902 $ 300,438 $ 1,096,328 $ 202,479
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Final Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Component List - Summary
Category Replace Date Replace Life Current Cost Future Cost
90 03/20-05/40 0:02 -20:04 $ 974,963.83 $ 1,135,812.17
91 01/20-10/47 0:00 -27:09 464,425.00 520,406.59
92 03/20-02/43 0:02 -23:01 716,660.56 777,475.62
94 01/20-07/56 0:00 -36:06 703,465.06 933,357.93
$ 2,859,514.45 $ 3,367,052.31
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Final Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Component List - Category Sub-components
Subcategory 2 Replace Date Replace Life Current Cost Future Cost
Asphalt 05/23-08/33 3:04 -13:07 $ 645,475.00 $ 779,951.99
Building 10/47-10/47 27:09 -27:09 54,000.00 81,625.61
Computer & Software 01/20-09/25 0:00 - 5:08 123,610.00 127,476.75
Equipment 05/20-07/32 0:04 -12:06 223,659.08 241,230.41
Estate Club Building 05/20-05/40 0:04 -20:04 146,171.00 160,694.66
Fitness Center 05/20-12/30 0:04 -10:11 29,000.00 31,275.95
Floor Covering 10/22-07/32 2:09 -12:06 22,280.00 24,714.34
Furniture & Fixtures 01/20-08/28 0:00 - 8:07 100,162.00 107,940.40
Gates 01/20-07/34 0:00 -14:06 237,600.00 258,083.14
HVAC 05/20-03/29 0:04 - 9:02 18,100.00 19,445.83
Irrigation 05/20-05/23 0:04 - 3:04 16,400.00 17,001.95
Kitchen Equipment 06/22-10/25 2:05 - 5:09 20,200.00 21,540.86
Landscaping 05/24-05/24 4:04 - 4:04 20,000.00 21,332.88
Office/Mechanical Devices 05/27-03/29 7:04 - 9:02 20,500.00 23,420.57
Paint/Repair 05/20-08/30 0:04 -10:07 207,493.15 221,141.97
Pool/Terraces & Equipment 01/21-10/29 1:00 - 9:09 93,810.00 103,782.06
Pool/Terraces & Equipment 05/21-05/21 1:04 - 1:04 850.00 867.04
Re-Stripe 10/21-10/21 1:09 - 1:09 7,441.18 7,637.60
Roofing 04/21-05/40 1:03 -20:04 36,183.55 46,464.48
Tennis Courts & Equipment 07/20-07/56 0:06 -36:06 358,925.31 557,273.87
Vehicles 07/20-02/43 0:06 -23:01 477,654.18 514,149.95
$ 2,859,514.45 $ 3,367,052.31
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Final Revision
Analysis Date - January 1, 2020Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Component List - Category - Chart
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Final Revision
Gainey Ranch CAJanuary 1, 2020DisclosuresDisclosures
Site Analysis
Gainey Ranch CA is a planned development association located in Scottsdale, AZ. The Association consists of 1 units located at the corner of E. Doubletree Ranch Rd and E Gainey Ranch Rd, encompassing approximately 534 acres. The units were constructed as a single phase in May 1, 1987.
The site analysis was performed on October 26, 2019 by Greg Libke of Facilities Advisors Arizona LLC. The Association manager was interviewed during the site analysis regarding component existence, maintenance activities, dates last repaired/replaced, and actual or bid costs, if known. Site analysis procedures included:
Review of Google Earth satellite images Tour of Association common areas Identification and quantification / measurement of common area components Component condition assessment
The site analysis was performed as a limited scope visual observation. No destructive or invasive testing was performed. The condition of components may be assessed differently if destructive / invasive testing was performed, but such testing is beyond the scope of a reserve study.
Component Analysis
Components considered for inclusion in the reserve study report are all those components that are the maintenance responsibility of the Association that are anticipated to require future major repair or replacement under the assumption that such components are subject to normal maintenance activities and normal wear and tear. Components with a useful life of less than two years or a cost of $1,000 have generally been excluded from this analysis, as such items are considered to be part of the Association’s operating budget.
The component list was compiled based upon the previous reserve study, the tour of association common areas, inquiry of Association management and maintenance staff, and selected vendors providing maintenance services to the Association. The component list is believed to be complete, except for the exclusions noted below, which are considered normal exclusions.
Estimated future major repair and replacement costs are generally based on current replacement costs projected to estimated repair or replacement date, applying an inflation factor of 1.50% for the entire 30-year financial projection period.
Current estimated replacement costs are derived from a variety of sources including; actual prior costs, current bids, vendor or contractor estimates, management’s estimates, Facilities Advisors International’s cost database, or cost estimator manuals. This data is considered reliable and has been relied upon in the determination of current cost. Current cost includes material or product cost, labor, overhead, delivery, and sales tax.
See Preparer’s ReportSee Summary of Significant Assumptions
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Final Revision
Gainey Ranch CAJanuary 1, 2020
General Exclusions from the analysis are:
Excluded Conditions Reason for ExclusionBuilding code or zoning violations or upgrades Outside scope of studyStructural stability or engineering analysisEnvironmental conditions *
Outside scope of studyOutside scope of study
Geological stability or soil conditions Outside scope of studySoil contamination Outside scope of studyHydrological conditions Outside scope of studyMold or fungus Outside scope of studyTermites or other pest control Outside scope of studyRisks of wildfire, flood or seismic activity Outside scope of studyWater quality or testing Outside scope of studyIllegal or controlled substances Outside scope of studyBuilding values or appraisals Outside scope of studyAdequacy of efficiency of any system or componentInformation not provided by the association necessary to identify all components
Outside scope of study
Outside scope of study
* Asbestos, radon, formaldehyde, lead, water or air quality, electromagnetic radiation or other environmental hazards.
Financial Analysis
The financial projection was prepared using the pooled cash flow method. Under this method, aggregate expenditures are projected to future estimated repair or replacement dates considering inflation at 1.50%. Actual expenditures may vary from estimated expenditures, and the differences may be significant.
Reserve fund revenues consist of member assessments and interest earned (and other income). Interest income has been estimated at 0.50%. The funding plan does not contain an income tax expense related to interest earned, as income taxes are paid from the operating fund. The projected annual assessment has been subjected to an annual increase factor for the projection period. This annual assessment adjustment factor is necessary to counteract the effects of inflation on projected expenditures.
Replacement reserves are funded at a level of 26.62% as of January 1, 2020 using the inflation adjusted method of calculating percent funded.
The beginning balance of reserve funds was estimated at $ 336,233, based on information provided by management. The beginning balance of reserve funds was provided by Association management.
Total Funds available for reserves beginning balance provided $ 336,233
See Preparer’s ReportSee Summary of Significant Assumptions
Page 20 of 45
Final Revision
Gainey Ranch CAJanuary 1, 2020
Significant Assumptions
The following significant assumptions were used in the preparation of this reserve study report. If the actual replacement costs or remaining lives vary from the assumptions used in this analysis, the impact could be significant on future assessments. Accordingly, an annual review of the analysis is necessary to see if the Board, within its authority, should increase the regular assessments, pass special assessments or reschedule future replacement dates.
Generally, only long-term major repair and replacement activities for components with a life of 2 years or longer and a cost of $1,000 or more have been considered in this analysis. A group of items with individual cost of less than $1,000 are included if the aggregate cost exceeds $1,000.
The Board of Directors will implement and/or continue preventive maintenance and repair programs to prevent abnormal deterioration of the common areas.
The analysis assumes that no unusual conditions will occur, such as weather, vandalism, unusual use, or unforeseen obsolescence.
Measurements and quantities were obtained by count, measurement, or estimation from plans provided by the Board of Directors unless otherwise noted, and are assumed to be a close approximation to actual.
Proper construction and installation of all improvements is assumed, unless otherwise noted. This analysis assumes that the Association membership wishes to continue the use and maintenance of all
amenities currently in place. The Association carries comprehensive property insurance to cover most insurable property risks. Current financial information was supplied by the Board of Directors and is assumed to be reasonably
accurate as of the date of this analysis. Funded cash balances were not audited nor confirmed directly with financial institutions as a part of this analysis.
The Association will collect and set aside reserve assessments on an annual basis as set forth in the funding plan projection, in order that sufficient funds will be available when expenditures are scheduled or necessary.
The Board of Directors does not anticipate any special assessments other than those that may be scheduled as part of the attached 30-year funding projection.
Interest rate of 0.50% is used in the funding plan. Inflation rate of 1.50% is used in the funding plan.
See Preparer’s ReportSee Summary of Significant Assumptions
Page 21 of 45
Final Revision
Final Revision
Final Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Supplementary Informationon Future Major Repairs and Replacements
Estimated EstimatedEstimated Remaining Future
Useful Lives Useful Lives ReplacementCategory Life YY:MM Life YY:MM Cost
90 3:00 -30:00 0:02 -20:04 $ 1,135,80791 5:00 -30:00 0:00 -27:09 520,40492 5:00 -30:00 0:02 -23:01 777,47694 5:00 -40:00 0:00 -36:06 933,359
$ 3,367,046
PRN:03/28/2020 Gainey Ranch - License # F701074 Page 1
Percipient Software, Inc. Copyright 2020 All Rights Reserved
Final Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Supplementary Informationon Future Major Repairs and Replacements for Sub-Category
Estimated EstimatedEstimated Remaining Future
Useful Lives Useful Lives ReplacementSubcategory 2 Life YY:MM Life YY:MM Cost
Asphalt 7:00 -15:00 3:04 -13:07 $ 779,953Building 30:00 27:09 81,626Computer & Software 5:00 - 7:00 0:00 - 5:08 127,473Equipment 5:00 -18:00 0:04 -12:06 241,230Estate Club Building 5:00 -30:00 0:04 -20:04 160,695Fitness Center 5:00 -15:00 0:04 -10:11 31,276Floor Covering 10:00 -15:00 2:09 -12:06 24,714Furniture & Fixtures 5:00 -25:00 0:00 - 8:07 107,941Gates 6:00 -15:00 0:00 -14:06 258,083HVAC 12:00 -20:00 0:04 - 9:02 19,445Irrigation 10:00 -15:00 0:04 - 3:04 17,002Kitchen Equipment 5:00 -17:00 2:05 - 5:09 21,541Landscaping 10:00 4:04 21,333Office/Mechanical Devices 5:00 -15:00 7:04 - 9:02 23,420Paint/Repair 5:00 -15:00 0:04 -10:07 221,141Pool/Terraces & Equipment 8:00 -15:00 1:00 - 9:09 103,782Pool/Terraces & Equipment 7:00 1:04 867Re-Stripe 3:00 1:09 7,637Roofing 10:00 -30:00 1:03 -20:04 46,464Tennis Courts & Equipment 5:00 -40:00 0:06 -36:06 557,274Vehicles 5:00 -25:00 0:06 -23:01 514,149
$ 3,367,046
PRN:03/28/2020 Gainey Ranch - License # F701074 Page 25 of 45
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Final Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Component List - Detail
Component Replace Est Adj Rem
Code Date Basis Cost Quantity Current Cost Life Life Life Future Cost
1" TB Rubberized Asphalt Vaquero Entries
910-000-0204 08/31/2033 $ 1.11 14,500 Sf $ 16,095 15:00 15:00 13:07 $ 19,702
14,500 Sf $ 16,095 $ 19,702
1" TB Rubberized Asphalt 10A
910-000-0205 08/31/2033 $ 1.11 83,300 Sf $ 92,463 15:00 15:00 13:07 $ 113,187
83,300 Sf $ 92,463 $ 113,187
1" TB Rubberized Asphalt GCD
910-000-0203 08/31/2033 $ 1.11 45,000 Sf $ 49,950 15:00 15:00 13:07 $ 61,145
45,000 Sf $ 49,950 $ 61,145
1-1/2" TB Rubberized Asphalt Loop Rd
910-000-0202 08/31/2033 $ 1.20 335,500 Sf $ 402,600 15:00 15:00 13:07 $ 492,837
335,500 Sf $ 402,600 $ 492,837
14K Tandem Dump Trailer
910-000-0210 02/20/2043 $ 8,877.09 2 Each $ 17,754 25:00 25:00 23:01 $ 25,035
2 Each $ 17,754 $ 25,035
150 Gallon Spray Tank
910-000-0062 05/01/2021 $ 2,125.00 1 Each $ 2,125 18:00 21:00 1:04 $ 2,167
1 Each $ 2,125 $ 2,167
150 Gallon Spray Tank - #2
910-000-0063 05/01/2021 $ 2,125.00 1 Each $ 2,125 15:00 18:00 1:04 $ 2,167
1 Each $ 2,125 $ 2,167
2003 Chevy Pickup RCAB Dump Truck 1 Ton Crew
910-000-0079 10/13/2020 $ 28,000.00 1 Each $ 28,000 15:00 17:00 0:09 $ 28,314
1 Each $ 28,000 $ 28,314
2004 Ford Truck F250 Crew
910-000-0078 01/20/2021 $ 27,000.00 1 Each $ 27,000 15:00 17:00 1:00 $ 27,405
1 Each $ 27,000 $ 27,405
2005 Chevy Silverado X-Cab Crew
910-000-0083 04/18/2021 $ 21,000.00 1 Each $ 21,000 15:00 16:00 1:03 $ 21,394
1 Each $ 21,000 $ 21,394
2006 Chevy Silverado- Ext Cab Crew
910-000-0084 05/01/2026 $ 21,000.00 1 Each $ 21,000 10:00 20:00 6:04 $ 23,076
1 Each $ 21,000 $ 23,076
2006 Toyota Tacoma Truck W/ Camper Shell Crew
910-000-0076 07/21/2020 $ 16,900.00 1 Each $ 16,900 10:00 14:00 0:06 $ 17,026
1 Each $ 16,900 $ 17,026
PRN:03/28/2020 Gainey Ranch - License # F701074 Page 26 of 45
Percipient Software, Inc. Copyright 2020 All Rights ReservedFinal Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Component List - Detail
Component Replace Est Adj Rem
Code Date Basis Cost Quantity Current Cost Life Life Life Future Cost
2007 Chevy Silverado 1/2 Ton-Ext Cab Crew
910-000-0080 07/13/2022 $ 21,000.00 1 Each $ 21,000 10:00 15:00 2:06 $ 21,796
1 Each $ 21,000 $ 21,796
2008 Chevy Silverado Truck 1/2 Ton-Ext Cab Crew
910-000-0081 01/17/2022 $ 21,000.00 1 Each $ 21,000 10:00 14:00 2:00 $ 21,634
1 Each $ 21,000 $ 21,634
2011 Ford Ranger Supercab
910-000-0092 11/29/2022 $ 23,000.00 1 Each $ 23,000 10:00 11:00 2:10 $ 23,991
1 Each $ 23,000 $ 23,991
2012 EZ GO
910-000-0208 01/18/2026 $ 4,387.99 2 Each $ 8,775 8:00 8:00 6:00 $ 9,596
2 Each $ 8,775 $ 9,596
2014 Toyota Tacoma
910-000-0090 01/23/2024 $ 23,000.00 1 Each $ 23,000 10:00 10:00 4:00 $ 24,411
1 Each $ 23,000 $ 24,411
2014 Toyota Tacoma
910-000-0178 01/23/2024 $ 23,000.00 1 Each $ 23,000 10:00 10:00 4:00 $ 24,411
1 Each $ 23,000 $ 24,411
2015 EZGO electric cart - 4 seater
910-000-0213 05/22/2025 $ 7,200.00 1 Each $ 7,200 6:00 6:00 5:04 $ 7,795
1 Each $ 7,200 $ 7,795
2015 Nissan Frontier
910-000-0030 01/08/2025 $ 23,000.00 1 Each $ 23,000 10:00 10:00 5:00 $ 24,777
1 Each $ 23,000 $ 24,777
2015 Nissan Frontier
910-000-0179 01/08/2025 $ 21,000.00 1 Each $ 21,000 10:00 10:00 5:00 $ 22,622
1 Each $ 21,000 $ 22,622
2015 Nissan NV200 Cargo Van
910-000-0088 02/19/2026 $ 22,000.00 1 Each $ 22,000 10:00 10:00 6:01 $ 24,085
1 Each $ 22,000 $ 24,085
2016 Nissan Frontier
910-000-0087 03/01/2026 $ 23,000.00 1 Each $ 23,000 10:00 10:01 6:02 $ 25,211
1 Each $ 23,000 $ 25,211
2017 Fiat 500
910-000-0207 01/24/2023 $ 18,000.00 1 Each $ 18,000 5:00 5:00 3:00 $ 18,822
1 Each $ 18,000 $ 18,822
PRN:03/28/2020 Gainey Ranch - License # F701074 Page 27 of 45
Percipient Software, Inc. Copyright 2020 All Rights ReservedFinal Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Component List - Detail
Component Replace Est Adj Rem
Code Date Basis Cost Quantity Current Cost Life Life Life Future Cost
2017 HONDA ATV Chemical Sprayer
910-000-0195 04/12/2032 $ 5,100.00 1 Each $ 5,100 15:00 15:00 12:03 $ 6,120
1 Each $ 5,100 $ 6,120
2017 Nissan Frontier
910-000-0197 03/08/2022 $ 27,000.00 1 Each $ 27,000 5:00 5:00 2:02 $ 27,885
1 Each $ 27,000 $ 27,885
2017 Nissan Frontier
910-000-0211 01/23/2028 $ 21,000.00 1 Each $ 21,000 10:00 10:00 8:00 $ 23,656
1 Each $ 21,000 $ 23,656
2017 NISSAN TITAN
910-000-0089 03/08/2027 $ 23,000.00 1 Each $ 23,000 10:00 10:00 7:02 $ 25,589
1 Each $ 23,000 $ 25,589
2019 Ford Escape
910-000-0085 01/21/2024 $ 27,000.00 1 Each $ 27,000 5:00 5:00 4:00 $ 28,656
1 Each $ 27,000 $ 28,656
36 Walk Behind Mower
910-000-0212 08/23/2026 $ 5,400.00 1 Each $ 5,400 7:00 7:00 6:07 $ 5,956
1 Each $ 5,400 $ 5,956
4" White Stripe (Pkg areas - Mntc, Admin, Estate C
910-000-0021 10/29/2021 $ 0.42 3,531 Lf $ 1,483 3:00 3:00 1:09 $ 1,522
3,531 Lf $ 1,483 $ 1,522
4" Yellow Stripe (West, South, Northwest Loop Rd
910-000-0022 10/29/2021 $ 0.28 1,579 Lf $ 442 3:00 3:00 1:09 $ 453
1,579 Lf $ 442 $ 453
Air Compressor
910-000-0066 05/01/2021 $ 400.00 1 Each $ 400 15:00 18:00 1:04 $ 408
1 Each $ 400 $ 408
Air Compressor Huskey
910-000-0065 05/01/2022 $ 1,000.00 1 Each $ 1,000 15:00 15:00 2:04 $ 1,035
1 Each $ 1,000 $ 1,035
Ball Machine
910-000-0160 10/01/2020 $ 3,200.00 1 Each $ 3,200 7:00 16:00 0:09 $ 3,235
1 Each $ 3,200 $ 3,235
Ball Mower
910-000-0165 10/01/2020 $ 475.00 2 Each $ 950 7:00 12:05 0:09 $ 960
2 Each $ 950 $ 960
PRN:03/28/2020 Gainey Ranch - License # F701074 Page 28 of 45
Percipient Software, Inc. Copyright 2020 All Rights ReservedFinal Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Component List - Detail
Component Replace Est Adj Rem
Code Date Basis Cost Quantity Current Cost Life Life Life Future Cost
Bathroom Remodeling
910-000-0121 05/01/2024 $ 5,000.00 2 Each $ 10,000 10:00 10:00 4:04 $ 10,666
2 Each $ 10,000 $ 10,666
Battery Back-Up Units
920-001-0035 05/01/2021 $ 1,800.00 1 Each $ 1,800 10:00 10:00 1:04 $ 1,836920-002-0035 05/01/2021 1,800.00 1 Each 1,800 10:00 10:00 1:04 1,836920-003-0035 05/01/2021 1,800.00 1 Each 1,800 10:00 10:00 1:04 1,836
3 Each $ 5,400 $ 5,508
BBQ - Patio
910-000-0176 05/01/2021 $ 850.00 1 Each $ 850 7:00 7:11 1:04 $ 867
1 Each $ 850 $ 867
Bluebird Power Rake (3)
910-000-0068 05/20/2028 $ 1,100.00 3 Each $ 3,300 15:00 15:00 8:04 $ 3,735
3 Each $ 3,300 $ 3,735
Bosch Jackhammer
910-000-0070 05/01/2023 $ 1,500.00 1 Each $ 1,500 15:00 15:00 3:04 $ 1,576
1 Each $ 1,500 $ 1,576
Camera System - Cameras
920-001-0048 09/22/2020 $ 900.00 3 Each $ 2,700 6:00 10:00 0:08 $ 2,726920-002-0048 09/22/2020 900.00 3 Each 2,700 6:00 10:00 0:08 2,726920-003-0048 09/22/2021 900.00 3 Each 2,700 6:00 11:00 1:08 2,767920-004-0048 09/22/2021 900.00 3 Each 2,700 6:00 11:00 1:08 2,767920-005-0048 09/22/2022 900.00 3 Each 2,700 6:00 12:00 2:08 2,809920-006-0048 09/22/2022 900.00 3 Each 2,700 6:00 12:00 2:08 2,809920-007-0048 09/22/2023 900.00 3 Each 2,700 6:00 6:00 3:08 2,851920-008-0048 09/22/2023 900.00 3 Each 2,700 6:00 13:00 3:08 2,851920-009-0048 09/22/2024 900.00 3 Each 2,700 6:00 14:00 4:08 2,894920-010-0048 09/22/2024 900.00 3 Each 2,700 6:00 14:00 4:08 2,894920-011-0048 09/22/2025 900.00 3 Each 2,700 6:00 15:00 5:08 2,937
33 Each $ 29,700 $ 31,037
Camera System - NVR
920-001-0047 05/01/2024 $ 3,500.00 1 Each $ 3,500 5:00 14:00 4:04 $ 3,733920-002-0047 05/01/2024 3,500.00 1 Each 3,500 5:00 14:00 4:04 3,733920-003-0047 05/01/2020 3,500.00 1 Each 3,500 5:00 10:00 0:04 3,517920-004-0047 05/01/2020 3,500.00 1 Each 3,500 5:00 10:00 0:04 3,517920-005-0047 05/01/2021 3,500.00 1 Each 3,500 5:00 11:00 1:04 3,570920-006-0047 05/01/2021 3,500.00 1 Each 3,500 5:00 11:00 1:04 3,570920-007-0047 05/01/2023 3,500.00 1 Each 3,500 5:00 13:00 3:04 3,678920-008-0047 10/01/2023 3,500.00 1 Each 3,500 5:00 6:00 3:09 3,700920-009-0047 05/01/2023 3,500.00 1 Each 3,500 5:00 13:00 3:04 3,678
PRN:03/28/2020 Gainey Ranch - License # F701074 Page 29 of 45
Percipient Software, Inc. Copyright 2020 All Rights ReservedFinal Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Component List - Detail
Component Replace Est Adj Rem
Code Date Basis Cost Quantity Current Cost Life Life Life Future Cost
920-010-0047 05/01/2022 $ 3,500.00 1 Each $ 3,500 5:00 12:00 2:04 $ 3,623920-011-0047 05/01/2022 3,500.00 1 Each 3,500 5:00 12:00 2:04 3,623
11 Each $ 38,500 $ 39,946
Canvas Canopies
910-000-0161 10/13/2025 $ 480.00 3 Each $ 1,440 10:00 10:00 5:09 $ 1,568
3 Each $ 1,440 $ 1,568
Canvas Canopies - 3
910-000-0174 03/01/2024 $ 2,750.00 3 Each $ 8,250 8:00 8:00 4:02 $ 8,250
3 Each $ 8,250 $ 8,250
Carpet
910-000-0007 10/03/2026 $ 28.00 196 Sy $ 5,488 10:00 10:00 6:09 $ 6,068
196 Sy $ 5,488 $ 6,068
Carpet - Estate Club
910-000-0133 10/18/2022 $ 6,600.00 1 Lot $ 6,600 10:00 10:00 2:09 $ 6,875
1 Lot $ 6,600 $ 6,875
Carpet - Maintenance
910-000-0180 09/23/2026 $ 28.00 114 Sy $ 3,192 10:00 10:00 6:08 $ 3,525
114 Sy $ 3,192 $ 3,525
Ceiling Fans
910-000-0144 05/01/2020 $ 200.00 10 Each $ 2,000 5:00 7:00 0:04 $ 2,009
10 Each $ 2,000 $ 2,009
Chair
910-000-0171 05/01/2024 $ 95.00 10 Each $ 950 10:00 10:00 4:04 $ 1,013
10 Each $ 950 $ 1,013
Chair-Social Coordinator
910-000-0134 04/01/2022 $ 500.00 1 Each $ 500 12:00 12:00 2:03 $ 517
1 Each $ 500 $ 517
Court Lighting (Ballasts & Bulbs)
920-001-0163 10/01/2020 $ 385.00 8 Each $ 3,080 8:00 10:00 0:09 $ 3,114920-002-0163 10/01/2021 385.00 8 Each 3,080 8:00 11:00 1:09 3,161920-003-0163 10/01/2023 385.00 8 Each 3,080 8:00 13:00 3:09 3,256920-004-0163 10/01/2025 385.00 8 Each 3,080 8:00 15:00 5:09 3,355920-005-0163 10/01/2027 385.00 8 Each 3,080 8:00 17:00 7:09 3,456920-006-0163 10/01/2029 385.00 8 Each 3,080 8:00 19:00 9:09 3,561920-007-0163 10/01/2031 385.00 8 Each 3,080 8:00 21:00 11:09 3,668
56 Each $ 21,560 $ 23,574
PRN:03/28/2020 Gainey Ranch - License # F701074 Page 30 of 45
Percipient Software, Inc. Copyright 2020 All Rights ReservedFinal Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Component List - Detail
Component Replace Est Adj Rem
Code Date Basis Cost Quantity Current Cost Life Life Life Future Cost
Court Resurface
910-000-0157 06/12/2024 $ 2,100.00 7 Each $ 14,700 10:00 10:00 4:05 $ 15,699
7 Each $ 14,700 $ 15,699
Cross Striping Speed Humps
910-000-0025 10/29/2021 $ 2,000.00 1 Job $ 2,000 3:00 3:00 1:09 $ 2,052
1 Job $ 2,000 $ 2,052
Desktop
920-001-0154 01/29/2020 $ 950.00 1 Each $ 950 6:00 6:00 0:00 $ 950920-002-0154 03/03/2020 950.00 1 Each 950 6:00 9:00 0:02 950
2 Each $ 1,900 $ 1,900
Desktops
910-000-0153 02/13/2020 $ 950.00 1 Each $ 950 6:00 6:00 0:01 $ 951
1 Each $ 950 $ 951
Desktops
920-001-0012 06/21/2025 $ 1,200.00 1 Each $ 1,200 6:00 6:00 5:05 $ 1,300
1 Each $ 1,200 $ 1,300
Desktops
920-001-0181 03/19/2020 $ 1,200.00 2 Each $ 2,400 6:00 5:00 0:02 $ 2,405
2 Each $ 2,400 $ 2,405
Desktops
920-001-0186 02/24/2021 $ 1,200.00 1 Each $ 1,200 6:00 6:00 1:01 $ 1,219
1 Each $ 1,200 $ 1,219
Desktops
920-002-0012 08/21/2020 $ 1,200.00 1 Each $ 1,200 6:00 7:00 0:07 $ 1,210
1 Each $ 1,200 $ 1,210
Desktops
920-002-0181 01/25/2022 $ 1,200.00 1 Each $ 1,200 6:00 5:00 2:00 $ 1,236
1 Each $ 1,200 $ 1,236
Desktops
920-002-0186 03/03/2020 $ 1,200.00 1 Each $ 1,200 6:00 9:00 0:02 $ 1,202
1 Each $ 1,200 $ 1,202
Desktops
920-003-0012 08/21/2020 $ 1,200.00 1 Each $ 1,200 6:00 7:00 0:07 $ 1,210
1 Each $ 1,200 $ 1,210
PRN:03/28/2020 Gainey Ranch - License # F701074 Page 31 of 45
Percipient Software, Inc. Copyright 2020 All Rights ReservedFinal Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Component List - Detail
Component Replace Est Adj Rem
Code Date Basis Cost Quantity Current Cost Life Life Life Future Cost
Desktops
920-003-0181 01/15/2020 $ 1,200.00 1 Each $ 1,200 6:00 9:00 0:00 $ 1,200
1 Each $ 1,200 $ 1,200
Desktops
920-003-0186 06/20/2025 $ 1,200.00 1 Each $ 1,200 6:00 6:00 5:05 $ 1,300
1 Each $ 1,200 $ 1,300
Desktops
920-004-0012 07/31/2024 $ 1,200.00 1 Each $ 1,200 6:00 7:00 4:06 $ 1,283
1 Each $ 1,200 $ 1,283
Desktops
920-004-0181 03/19/2020 $ 1,200.00 1 Each $ 1,200 6:00 5:00 0:02 $ 1,202
1 Each $ 1,200 $ 1,202
Desktops
920-004-0186 03/03/2020 $ 1,200.00 1 Each $ 1,200 6:00 9:00 0:02 $ 1,202
1 Each $ 1,200 $ 1,202
Desktops
920-005-0012 03/03/2020 $ 1,200.00 1 Each $ 1,200 6:00 9:00 0:02 $ 1,202
1 Each $ 1,200 $ 1,202
Desktops
920-005-0186 02/24/2021 $ 1,200.00 1 Each $ 1,200 6:00 6:00 1:01 $ 1,219
1 Each $ 1,200 $ 1,219
Desktops
920-006-0012 07/31/2024 $ 1,200.00 1 Each $ 1,200 6:00 7:00 4:06 $ 1,283
1 Each $ 1,200 $ 1,283
Desktops
920-006-0186 03/03/2020 $ 1,200.00 1 Each $ 1,200 6:00 9:00 0:02 $ 1,202
1 Each $ 1,200 $ 1,202
Desktops
920-007-0012 07/31/2024 $ 1,200.00 1 Each $ 1,200 6:00 7:00 4:06 $ 1,283
1 Each $ 1,200 $ 1,283
Desktops
920-007-0186 07/31/2023 $ 1,200.00 1 Each $ 1,200 6:00 6:00 3:06 $ 1,264920-008-0186 03/03/2020 1,200.00 1 Each 1,200 6:00 9:00 0:02 1,202
2 Each $ 2,400 $ 2,467
PRN:03/28/2020 Gainey Ranch - License # F701074 Page 32 of 45
Percipient Software, Inc. Copyright 2020 All Rights ReservedFinal Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Component List - Detail
Component Replace Est Adj Rem
Code Date Basis Cost Quantity Current Cost Life Life Life Future Cost
Dishwasher
910-000-0141 06/16/2022 $ 1,150.00 1 Each $ 1,150 5:00 5:00 2:05 $ 1,192
1 Each $ 1,150 $ 1,192
Drinking Fountain-Bath House
910-000-0177 10/10/2029 $ 650.00 1 Each $ 650 15:00 15:00 9:09 $ 751
1 Each $ 650 $ 751
Drinking Fountains
910-000-0159 07/30/2020 $ 1,514.00 3 Each $ 4,542 5:00 5:00 0:06 $ 4,575
3 Each $ 4,542 $ 4,575
Dryer
910-000-0128 08/29/2020 $ 1,000.00 1 Each $ 1,000 5:00 6:00 0:07 $ 1,008
1 Each $ 1,000 $ 1,008
Exterior Paint
910-000-0003 08/03/2021 $ 3,500.00 1 Job $ 3,500 10:00 10:00 1:07 $ 3,583
1 Job $ 3,500 $ 3,583
Exterior Paint
910-000-0182 02/01/2022 $ 3,200.00 1 Job $ 3,200 10:00 10:00 2:01 $ 3,300
1 Job $ 3,200 $ 3,300
Fitness Center Card Access Reader
910-000-0151 05/01/2020 $ 5,000.00 1 Each $ 5,000 10:00 11:00 0:04 $ 5,024
1 Each $ 5,000 $ 5,024
Fitness Center Flooring
910-000-0193 07/01/2030 $ 5,500.00 1 Each $ 5,500 15:00 15:00 10:06 $ 6,430
1 Each $ 5,500 $ 6,430
Fitness Equipment - Dumbbells
910-000-0147 12/08/2030 $ 2,500.00 1 Lot $ 2,500 15:00 15:00 10:11 $ 2,941
1 Lot $ 2,500 $ 2,941
Fitness Room - Weight Room Flooring
910-000-0152 07/07/2027 $ 6,000.00 1 Each $ 6,000 10:00 10:00 7:06 $ 6,708
1 Each $ 6,000 $ 6,708
Flat Roof
910-000-0001 04/01/2021 $ 2.35 1,800 Sf $ 4,230 10:00 10:00 1:03 $ 4,309
1,800 Sf $ 4,230 $ 4,309
Flat Roof
910-000-0183 04/01/2021 $ 2.35 1,393 Sf $ 3,273 10:00 10:00 1:03 $ 3,335
1,393 Sf $ 3,273 $ 3,335
PRN:03/28/2020 Gainey Ranch - License # F701074 Page 33 of 45
Percipient Software, Inc. Copyright 2020 All Rights ReservedFinal Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Component List - Detail
Component Replace Est Adj Rem
Code Date Basis Cost Quantity Current Cost Life Life Life Future Cost
Floor - Kitchen
910-000-0135 07/31/2032 $ 5,000.00 1 Each $ 5,000 15:00 15:00 12:06 $ 6,022
1 Each $ 5,000 $ 6,022
Food Cart
910-000-0142 08/01/2023 $ 500.00 1 Each $ 500 10:00 10:00 3:07 $ 527
1 Each $ 500 $ 527
Furniture
910-000-0132 05/01/2023 $ 20,000.00 1 Lot $ 20,000 10:00 15:00 3:04 $ 21,017
1 Lot $ 20,000 $ 21,017
Furniture Admin.
910-000-0009 05/01/2028 $ 26,134.00 1 Lot $ 26,134 15:00 15:00 8:04 $ 29,586
1 Lot $ 26,134 $ 29,586
Furniture Security
910-000-0033 05/01/2026 $ 2,000.00 1 Lot $ 2,000 15:00 15:00 6:04 $ 2,197
1 Lot $ 2,000 $ 2,197
Gainey Club Dr.Re-Stripe
910-000-0023 10/29/2021 $ 0.26 770 Lf $ 200 3:00 3:00 1:09 $ 205
770 Lf $ 200 $ 205
Gate Entry - Card Readers
920-001-0201 05/01/2030 $ 800.00 1 Each $ 800 11:00 20:00 10:04 $ 933920-002-0201 05/01/2020 800.00 1 Each 800 11:00 10:00 0:04 803920-003-0201 05/01/2021 800.00 1 Each 800 11:00 11:00 1:04 816920-004-0201 05/01/2022 800.00 1 Each 800 11:00 12:00 2:04 828920-005-0201 05/01/2023 800.00 1 Each 800 11:00 13:00 3:04 840920-006-0201 05/01/2024 800.00 1 Each 800 11:00 14:00 4:04 853920-007-0201 05/01/2025 800.00 1 Each 800 11:00 15:00 5:04 866920-008-0201 05/01/2026 800.00 1 Each 800 11:00 16:00 6:04 879920-009-0201 05/01/2027 800.00 1 Each 800 11:00 17:00 7:04 892920-010-0201 05/01/2028 800.00 1 Each 800 11:00 18:00 8:04 905920-011-0201 05/01/2029 800.00 1 Each 800 11:00 19:00 9:04 919
11 Each $ 8,800 $ 9,537
Gate Entry - Doorking Circuit Boards
920-001-0043 01/24/2020 $ 2,400.00 1 Each $ 2,400 6:00 8:00 0:00 $ 2,400920-002-0043 03/30/2025 2,400.00 1 Each 2,400 6:00 10:00 5:02 2,591920-003-0043 05/01/2021 2,400.00 1 Each 2,400 6:00 9:00 1:04 2,448920-004-0043 02/28/2020 2,400.00 1 Each 2,400 6:00 9:00 0:01 2,402920-005-0043 02/28/2020 2,400.00 1 Each 2,400 6:00 9:00 0:01 2,402920-006-0043 02/28/2020 2,400.00 1 Each 2,400 6:00 9:00 0:01 2,402920-007-0043 03/30/2025 2,400.00 1 Each 2,400 6:00 10:00 5:02 2,591920-008-0043 05/01/2021 2,400.00 1 Each 2,400 6:00 9:00 1:04 2,448
PRN:03/28/2020 Gainey Ranch - License # F701074 Page 34 of 45
Percipient Software, Inc. Copyright 2020 All Rights ReservedFinal Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Component List - Detail
Component Replace Est Adj Rem
Code Date Basis Cost Quantity Current Cost Life Life Life Future Cost
920-009-0043 05/01/2022 $ 2,400.00 1 Each $ 2,400 6:00 10:00 2:04 $ 2,484920-010-0043 05/01/2022 2,400.00 1 Each 2,400 6:00 10:00 2:04 2,484920-011-0043 05/01/2023 2,400.00 1 Each 2,400 6:00 11:00 3:04 2,522
11 Each $ 26,400 $ 27,180
Gate Entry - RFID Readers
920-001-0189 07/24/2024 $ 3,000.00 1 Each $ 3,000 6:00 7:00 4:06 $ 3,000920-002-0189 07/24/2024 3,000.00 1 Each 3,000 6:00 7:00 4:06 3,000920-003-0189 08/30/2023 3,000.00 1 Each 3,000 6:00 6:00 3:07 3,000920-004-0189 05/01/2025 3,000.00 1 Each 3,000 6:00 15:00 5:04 3,000920-005-0189 05/01/2025 3,000.00 1 Each 3,000 6:00 15:00 5:04 3,000920-006-0189 05/01/2020 3,000.00 1 Each 3,000 6:00 10:00 0:04 3,000920-007-0189 05/01/2020 3,000.00 1 Each 3,000 6:00 10:00 0:04 3,000920-008-0189 05/01/2021 3,000.00 1 Each 3,000 6:00 11:00 1:04 3,000920-009-0189 05/01/2021 3,000.00 1 Each 3,000 6:00 11:00 1:04 3,000920-010-0189 05/01/2022 3,000.00 1 Each 3,000 6:00 12:00 2:04 3,000920-011-0189 05/01/2022 3,000.00 1 Each 3,000 6:00 12:00 2:04 3,000
11 Each $ 33,000 $ 33,000
Gate Opener Strobe Switch - Emergency Access
910-000-0046 05/01/2024 $ 1,000.00 11 Each $ 11,000 10:00 10:00 4:04 $ 11,733
11 Each $ 11,000 $ 11,733
Gate Operator
920-001-0044 05/01/2021 $ 7,600.00 1 Each $ 7,600 15:00 14:00 1:04 $ 7,752920-002-0044 05/01/2022 7,600.00 1 Each 7,600 15:00 15:00 2:04 7,868920-003-0044 03/22/2034 7,600.00 1 Each 7,600 15:00 15:00 14:02 9,384920-004-0044 03/09/2029 7,600.00 0.5 Each 3,800 15:00 14:00 9:02 4,355920-005-0044 04/30/2032 7,600.00 1 Each 7,600 15:00 16:00 12:03 9,120920-006-0044 04/10/2033 7,600.00 1 Each 7,600 15:00 16:00 13:03 9,257920-007-0044 06/29/2025 7,600.00 1 Each 7,600 15:00 14:00 5:05 8,238920-008-0044 04/10/2033 7,600.00 1 Each 7,600 15:00 16:00 13:03 9,257920-009-0044 08/27/2026 7,600.00 1 Each 7,600 15:00 14:00 6:07 8,382920-010-0044 03/21/2024 7,600.00 1 Each 7,600 15:00 13:00 4:02 8,086920-011-0044 12/10/2028 7,600.00 1 Each 7,600 15:00 15:00 8:11 8,678920-012-0044 05/01/2020 7,600.00 1 Each 7,600 15:00 19:00 0:04 7,637920-013-0044 07/17/2026 7,600.00 1 Each 7,600 15:00 14:00 6:06 8,372920-014-0044 05/09/2030 7,600.00 0.5 Each 3,800 15:00 15:00 10:04 4,432920-015-0044 07/12/2034 7,600.00 1 Each 7,600 15:00 15:00 14:06 9,431920-016-0044 06/01/2031 7,600.00 1 Each 7,600 15:00 16:00 11:05 9,008920-017-0044 08/27/2026 7,600.00 1 Each 7,600 15:00 14:00 6:07 8,382920-018-0044 03/21/2024 7,600.00 1 Each 7,600 15:00 13:00 4:02 8,086920-019-0044 12/10/2028 7,600.00 1 Each 7,600 15:00 15:11 8:11 8,678920-020-0044 05/01/2020 7,600.00 1 Each 7,600 15:00 19:00 0:04 7,637920-021-0044 07/17/2027 7,600.00 1 Each 7,600 15:00 15:00 7:06 8,497
PRN:03/28/2020 Gainey Ranch - License # F701074 Page 35 of 45
Percipient Software, Inc. Copyright 2020 All Rights ReservedFinal Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Component List - Detail
Component Replace Est Adj Rem
Code Date Basis Cost Quantity Current Cost Life Life Life Future Cost
920-022-0044 05/01/2021 $ 7,600.00 1 Each $ 7,600 15:00 14:00 1:04 $ 7,752920-023-0044 05/01/2022 7,600.00 1 Each 7,600 15:00 15:00 2:04 7,868
22 Each $ 167,200 $ 186,169
Generator (2)
910-000-0038 10/01/2022 $ 10,000.00 2 Each $ 20,000 10:00 10:00 2:09 $ 20,835
2 Each $ 20,000 $ 20,835
Golf Carts
920-001-0199 01/27/2025 $ 4,400.00 3 Each $ 13,200 8:00 8:00 5:00 $ 14,220920-002-0199 05/22/2027 4,400.00 2 Each 8,800 8:00 8:00 7:04 9,815
5 Each $ 22,000 $ 24,035
Grand Piano
910-000-0124 05/01/2027 $ 6,500.00 1 Each $ 6,500 25:00 25:00 7:04 $ 7,249
1 Each $ 6,500 $ 7,249
Honda Generator
910-000-0059 05/01/2020 $ 1,500.00 1 Each $ 1,500 15:00 18:00 0:04 $ 1,507
1 Each $ 1,500 $ 1,507
Hvac Unit
910-000-0101 05/01/2027 $ 3,500.00 1 Each $ 3,500 20:00 20:00 7:04 $ 3,903
1 Each $ 3,500 $ 3,903
Hvac Unit (Addition)
910-000-0100 09/01/2020 $ 3,400.00 1 Each $ 3,400 20:00 22:00 0:08 $ 3,433
1 Each $ 3,400 $ 3,433
HVAC Units
920-001-0005 03/23/2029 $ 3,500.00 1 Each $ 3,500 20:00 20:00 9:02 $ 4,011
1 Each $ 3,500 $ 4,011
HVAC Units
920-001-0039 06/12/2024 $ 3,700.00 1 Each $ 3,700 12:00 12:00 4:05 $ 3,951
1 Each $ 3,700 $ 3,951
Hvac Units
920-001-0117 05/01/2023 $ 5,500.00 1 Each $ 5,500 15:00 18:00 3:04 $ 5,779
1 Each $ 5,500 $ 5,779
HVAC Units
920-002-0005 05/01/2021 $ 3,500.00 1 Each $ 3,500 20:00 22:00 1:04 $ 3,570
1 Each $ 3,500 $ 3,570
HVAC Units
920-002-0039 06/27/2028 $ 3,700.00 1 Each $ 3,700 12:00 12:00 8:05 $ 4,193
1 Each $ 3,700 $ 4,193
PRN:03/28/2020 Gainey Ranch - License # F701074 Page 36 of 45
Percipient Software, Inc. Copyright 2020 All Rights ReservedFinal Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Component List - Detail
Component Replace Est Adj Rem
Code Date Basis Cost Quantity Current Cost Life Life Life Future Cost
Hvac Units
920-002-0117 05/11/2033 $ 5,500.00 3 Each $ 16,500 15:00 15:00 13:04 $ 20,123
3 Each $ 16,500 $ 20,123
HVAC Units
920-003-0039 05/01/2020 $ 3,700.00 1 Each $ 3,700 12:00 28:00 0:04 $ 3,718
1 Each $ 3,700 $ 3,718
Hvac Units
920-003-0117 05/01/2023 $ 5,500.00 1 Each $ 5,500 15:00 18:00 3:04 $ 5,779920-004-0117 05/01/2023 5,500.00 1 Each 5,500 15:00 18:00 3:04 5,779920-005-0117 05/01/2023 5,500.00 1 Each 5,500 15:00 18:00 3:04 5,779920-006-0117 05/01/2023 5,500.00 1 Each 5,500 15:00 18:00 3:04 5,779920-007-0117 05/20/2031 5,500.00 1 Each 5,500 15:00 15:00 11:04 6,510
5 Each $ 27,500 $ 29,630
Hvac Units Bathhouse
910-000-0118 04/16/2029 $ 2,000.00 2 Each $ 4,000 15:00 15:00 9:03 $ 4,590
2 Each $ 4,000 $ 4,590
Ice Machine
910-000-0093 05/01/2020 $ 4,600.00 1 Each $ 4,600 12:00 12:00 0:04 $ 4,622
1 Each $ 4,600 $ 4,622
Ice Machine
910-000-0137 01/03/2023 $ 6,000.00 1 Each $ 6,000 8:00 8:00 3:00 $ 6,274
1 Each $ 6,000 $ 6,274
Interior Paint
910-000-0004 07/01/2021 $ 3,951.00 1 Job $ 3,951 15:00 23:00 1:06 $ 4,040
1 Job $ 3,951 $ 4,040
Lockers
910-000-0120 05/01/2021 $ 312.50 16 Each $ 5,000 15:00 16:00 1:04 $ 5,100
16 Each $ 5,000 $ 5,100
Lounge Chairs - Pool Furniture
910-000-0172 05/01/2024 $ 150.00 26 Each $ 3,900 10:00 10:00 4:04 $ 4,159
26 Each $ 3,900 $ 4,159
Lunchroom Floor
910-000-0198 02/06/2027 $ 2,000.00 1 Each $ 2,000 10:00 10:00 7:01 $ 2,222
1 Each $ 2,000 $ 2,222
Mecco Window Screens
910-000-0150 05/01/2021 $ 8,000.00 1 Each $ 8,000 10:00 10:00 1:04 $ 8,160
1 Each $ 8,000 $ 8,160
PRN:03/28/2020 Gainey Ranch - License # F701074 Page 37 of 45
Percipient Software, Inc. Copyright 2020 All Rights ReservedFinal Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Component List - Detail
Component Replace Est Adj Rem
Code Date Basis Cost Quantity Current Cost Life Life Life Future Cost
Microsoft Office
910-000-0013 05/01/2020 $ 380.00 7 Each $ 2,660 7:00 10:00 0:04 $ 2,673
7 Each $ 2,660 $ 2,673
Microsoft Office
910-000-0050 05/01/2020 $ 425.00 1 Each $ 425 5:00 8:00 0:04 $ 427
1 Each $ 425 $ 427
Microsoft Office
910-000-0107 05/01/2020 $ 500.00 8 Each $ 4,000 7:00 9:02 0:04 $ 4,019
8 Each $ 4,000 $ 4,019
Microsoft Office
910-000-0155 05/01/2020 $ 425.00 3 Each $ 1,275 7:00 10:00 0:04 $ 1,281
3 Each $ 1,275 $ 1,281
Microwave
910-000-0139 08/01/2023 $ 675.00 2 Each $ 1,350 10:00 10:00 3:07 $ 1,423
2 Each $ 1,350 $ 1,423
Mulcher Push Lawnmower
910-000-0055 05/01/2020 $ 1,300.00 2 Each $ 2,600 5:00 7:02 0:04 $ 2,612
2 Each $ 2,600 $ 2,612
Mulching Decks For Rider
910-000-0056 05/01/2020 $ 2,400.00 2 Each $ 4,800 6:00 7:02 0:04 $ 4,823
2 Each $ 4,800 $ 4,823
North Loop Bridge
910-000-0026 08/14/2023 $ 2,640.00 1 Job $ 2,640 5:00 5:00 3:07 $ 2,784
1 Job $ 2,640 $ 2,784
North Loop-Double Yellow
910-000-0024 10/29/2021 $ 0.44 7,536 Lf $ 3,315 3:00 3:00 1:09 $ 3,403
7,536 Lf $ 3,315 $ 3,403
Office Furniture
910-000-0104 05/01/2021 $ 8,000.00 1 Each $ 8,000 20:00 20:00 1:04 $ 8,160
1 Each $ 8,000 $ 8,160
Paint Entry Gates
910-000-0042 05/04/2021 $ 3,200.00 11 Each $ 35,200 5:00 5:00 1:04 $ 35,905
11 Each $ 35,200 $ 35,905
Paint Garage & Pool Equipment Room
910-000-0114 08/03/2023 $ 3,500.00 1 Job $ 3,500 12:00 12:00 3:07 $ 3,691
1 Job $ 3,500 $ 3,691
PRN:03/28/2020 Gainey Ranch - License # F701074 Page 38 of 45
Percipient Software, Inc. Copyright 2020 All Rights ReservedFinal Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Component List - Detail
Component Replace Est Adj Rem
Code Date Basis Cost Quantity Current Cost Life Life Life Future Cost
Paint Inside & Out
910-000-0113 08/03/2021 $ 22,000.00 1 Job $ 22,000 10:00 10:00 1:07 $ 22,524
1 Job $ 22,000 $ 22,524
Paint Pool Area Perimeter Wall
910-000-0115 08/03/2021 $ 1,100.00 1 Job $ 1,100 10:00 10:00 1:07 $ 1,126
1 Job $ 1,100 $ 1,126
Paint Sprayer & Gun
910-000-0067 03/08/2026 $ 3,200.00 1 Each $ 3,200 15:00 15:00 6:02 $ 3,507
1 Each $ 3,200 $ 3,507
Paint/Repair Masonry Walls
920-001-0028 04/06/2026 $ 3.90 3,700 Lf $ 14,430 15:00 14:00 6:03 $ 15,837920-002-0028 04/06/2026 3.90 3,900 Lf 15,210 15:00 14:00 6:03 16,693920-003-0028 04/06/2026 3.90 5,102 Lf 19,897 15:00 14:00 6:03 21,838920-004-0028 04/06/2026 3.90 7,600 Lf 29,640 15:00 14:08 6:03 32,530920-005-0028 04/06/2026 3.90 3,650 Lf 14,235 15:00 14:08 6:03 15,623920-006-0028 04/06/2026 3.90 1,200 Lf 4,680 15:00 14:10 6:03 5,136920-007-0028 04/06/2026 3.90 1,000 Lf 3,900 15:00 14:10 6:03 4,280920-008-0028 04/06/2026 3.90 1,100 Lf 4,290 15:00 7:08 6:03 4,708920-009-0028 04/06/2026 3.90 600 Lf 2,340 15:00 14:08 6:03 2,568920-010-0028 04/06/2026 3.90 1,134 Lf 4,422 15:00 13:00 6:03 4,853
28,986 Lf $ 113,045 $ 124,069
Paint/Repair Wrought Iron
920-001-0027 05/01/2020 $ 4.75 4,100 Lf $ 19,475 5:00 8:11 0:04 $ 19,571920-002-0027 05/01/2020 4.75 1,250 Lf 5,937 5:00 8:11 0:04 5,967920-003-0027 05/01/2020 4.75 610 Lf 2,897 5:00 8:09 0:04 2,911920-004-0027 05/01/2020 4.75 850 Lf 4,037 5:00 8:10 0:04 4,057920-005-0027 05/01/2020 4.75 600 Lf 2,850 5:00 8:09 0:04 2,864920-006-0027 05/01/2021 4.75 283 Lf 1,344 5:00 9:09 1:04 1,371920-007-0027 08/31/2030 4.75 1,540 Lf 7,315 5:00 13:00 10:07 8,563
9,233 Lf $ 43,856 $ 45,307
Palm Trees
910-000-0032 05/01/2024 $ 20,000.00 1 Lot $ 20,000 10:00 10:00 4:04 $ 21,332
1 Lot $ 20,000 $ 21,332
Parking Lot - Seal Coat @ $1.25/Sq. Yd. - 4,355
910-000-0166 05/01/2023 $ 1.25 4,355 Sy $ 5,443 7:00 9:00 3:04 $ 5,720
4,355 Sy $ 5,443 $ 5,720
PRN:03/28/2020 Gainey Ranch - License # F701074 Page 39 of 45
Percipient Software, Inc. Copyright 2020 All Rights ReservedFinal Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Component List - Detail
Component Replace Est Adj Rem
Code Date Basis Cost Quantity Current Cost Life Life Life Future Cost
Parking Lot Asphalt Replacement
920-001-0206 09/30/2029 $ 2.11 19,300 Sf $ 40,819 15:00 15:00 9:08 $ 47,138920-002-0206 09/30/2023 2.11 16,000 Sf 33,840 15:00 17:04 3:08 35,738
35,300 Sf $ 74,659 $ 82,876
Patio Heaters (6)
910-000-0173 05/01/2024 $ 760.00 6 Each $ 4,560 10:00 10:00 4:04 $ 4,863
6 Each $ 4,560 $ 4,863
Plaza Bldgs. Paint
920-001-0034 08/03/2021 $ 700.00 1 Job $ 700 15:00 10:00 1:07 $ 716920-002-0034 08/03/2021 700.00 1 Job 700 15:00 10:00 1:07 716920-003-0034 08/03/2021 700.00 1 Job 700 15:00 10:00 1:07 716
3 Job $ 2,100 $ 2,150
Plaza Building - Roofs
910-000-0196 10/15/2047 $ 54,000.00 1 Job $ 54,000 30:00 30:00 27:09 $ 81,625
1 Job $ 54,000 $ 81,625
Pool & Spa Filter
910-000-0170 05/01/2029 $ 1,500.00 3 Each $ 4,500 15:00 15:00 9:04 $ 5,170
3 Each $ 4,500 $ 5,170
Pool & Spa Heaters
920-001-0169 04/23/2022 $ 3,000.00 2 Each $ 6,000 8:00 8:00 2:03 $ 6,204920-002-0169 01/03/2026 3,000.00 1 Each 3,000 8:00 8:00 6:00 3,280920-003-0169 01/03/2021 3,000.00 1 Each 3,000 8:00 8:00 1:00 3,045
4 Each $ 12,000 $ 12,529
Power Boss Sweeper
910-000-0058 05/01/2021 $ 35,500.00 1 Each $ 35,500 6:00 7:04 1:04 $ 36,211
1 Each $ 35,500 $ 36,211
Pressure Washer
910-000-0072 05/01/2024 $ 1,500.00 2 Each $ 3,000 10:00 10:00 4:04 $ 3,199
2 Each $ 3,000 $ 3,199
Printers
910-000-0011 05/01/2021 $ 5,000.00 1 Each $ 5,000 7:00 10:00 1:04 $ 5,100
1 Each $ 5,000 $ 5,100
Radar Gun
910-000-0036 05/01/2021 $ 1,800.00 1 Each $ 1,800 8:00 27:04 1:04 $ 1,836
1 Each $ 1,800 $ 1,836
PRN:03/28/2020 Gainey Ranch - License # F701074 Page 40 of 45
Percipient Software, Inc. Copyright 2020 All Rights ReservedFinal Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Component List - Detail
Component Replace Est Adj Rem
Code Date Basis Cost Quantity Current Cost Life Life Life Future Cost
Radios
910-000-0106 07/05/2027 $ 430.00 15 Each $ 6,450 10:00 10:00 7:06 $ 7,211
15 Each $ 6,450 $ 7,211
Radios
910-000-0200 07/05/2027 $ 430.00 10 Each $ 4,300 10:00 10:00 7:06 $ 4,807
10 Each $ 4,300 $ 4,807
Rainmaster Remote Control
920-001-0108 02/16/2022 $ 1,200.00 1 Each $ 1,200 10:00 10:00 2:01 $ 1,237920-002-0108 05/10/2020 1,200.00 1 Each 1,200 10:00 10:00 0:04 1,205
2 Each $ 2,400 $ 2,443
Range
910-000-0138 01/03/2025 $ 3,000.00 1 Each $ 3,000 10:00 10:00 5:00 $ 3,231
1 Each $ 3,000 $ 3,231
Refinish Pool Surface
910-000-0167 08/28/2028 $ 59,000.00 1 Job $ 59,000 15:00 15:00 8:07 $ 67,042
1 Job $ 59,000 $ 67,042
Refrigerator (Mgmt.Area)
910-000-0096 08/28/2028 $ 500.00 1 Each $ 500 12:00 12:00 8:07 $ 568
1 Each $ 500 $ 568
Refrigerator (New Bldg)
910-000-0097 05/01/2023 $ 750.00 1 Each $ 750 12:00 12:00 3:04 $ 788
1 Each $ 750 $ 788
Refrigerator (New Bldg.)
910-000-0095 05/01/2020 $ 750.00 1 Each $ 750 12:00 12:00 0:04 $ 753
1 Each $ 750 $ 753
Refrigerator - Business Center
910-000-0129 05/01/2024 $ 240.00 1 Each $ 240 15:00 15:00 4:04 $ 255
1 Each $ 240 $ 255
Refrigerator - Catering
910-000-0136 10/01/2025 $ 7,000.00 1 Each $ 7,000 17:00 17:00 5:09 $ 7,625
1 Each $ 7,000 $ 7,625
Repeater-Golf Maintenance
910-000-0040 07/05/2032 $ 5,000.00 1 Each $ 5,000 15:00 15:00 12:06 $ 6,022
1 Each $ 5,000 $ 6,022
PRN:03/28/2020 Gainey Ranch - License # F701074 Page 41 of 45
Percipient Software, Inc. Copyright 2020 All Rights ReservedFinal Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Component List - Detail
Component Replace Est Adj Rem
Code Date Basis Cost Quantity Current Cost Life Life Life Future Cost
Roof Recoat
910-000-0111 04/01/2023 $ 2.35 9,460 Sf $ 22,231 10:00 10:00 3:03 $ 23,333
9,460 Sf $ 22,231 $ 23,333
Sabre Teeth in Road at North Gate
910-000-0041 01/01/2022 $ 2,500.00 1 Each $ 2,500 17:00 21:00 2:00 $ 2,575
1 Each $ 2,500 $ 2,575
Sauna Heaters
920-001-0119 05/01/2020 $ 2,200.00 1 Each $ 2,200 10:00 10:00 0:04 $ 2,210920-002-0119 03/06/2027 2,200.00 1 Each 2,200 10:00 10:00 7:02 2,447
2 Each $ 4,400 $ 4,658
Seal Coat
910-000-0051 05/01/2023 $ 1.25 3,411 Sy $ 4,263 8:00 15:00 3:04 $ 4,480
3,411 Sy $ 4,263 $ 4,480
Server Administrative
910-000-0010 05/01/2021 $ 15,200.00 1 Each $ 15,200 7:00 9:01 1:04 $ 15,504
1 Each $ 15,200 $ 15,504
Shared Faxes
910-000-0015 05/01/2027 $ 2,500.00 1 Each $ 2,500 5:00 24:00 7:04 $ 2,788
1 Each $ 2,500 $ 2,788
Sod Cutter
910-000-0071 05/01/2020 $ 5,500.00 1 Each $ 5,500 10:00 6:00 0:04 $ 5,527
1 Each $ 5,500 $ 5,527
Sound System
910-000-0122 05/01/2023 $ 5,000.00 1 Each $ 5,000 15:00 21:00 3:04 $ 5,254
1 Each $ 5,000 $ 5,254
Special Event Furniture
910-000-0194 07/01/2021 $ 5,000.00 1 Lot $ 5,000 5:00 5:00 1:06 $ 5,112
1 Lot $ 5,000 $ 5,112
Storage Room Air Cooler
910-000-0131 06/01/2020 $ 2,000.00 1 Each $ 2,000 10:00 13:00 0:05 $ 2,012
1 Each $ 2,000 $ 2,012
Swamp Coolers (2) ( Orig.)
910-000-0098 06/27/2028 $ 800.00 2 Each $ 1,600 15:00 15:00 8:05 $ 1,813
2 Each $ 1,600 $ 1,813
PRN:03/28/2020 Gainey Ranch - License # F701074 Page 42 of 45
Percipient Software, Inc. Copyright 2020 All Rights ReservedFinal Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Component List - Detail
Component Replace Est Adj Rem
Code Date Basis Cost Quantity Current Cost Life Life Life Future Cost
Swamp Coolers (2) Add'N
910-000-0099 09/01/2026 $ 2,050.00 2 Each $ 4,100 15:00 15:00 6:08 $ 4,527
2 Each $ 4,100 $ 4,527
Tank/Sprayer W/Trailer
910-000-0061 04/01/2031 $ 5,000.00 1 Each $ 5,000 17:00 17:07 11:03 $ 5,911
1 Each $ 5,000 $ 5,911
Telephone System
910-000-0014 03/14/2029 $ 18,000.00 1 Each $ 18,000 15:00 15:00 9:02 $ 20,632
1 Each $ 18,000 $ 20,632
Tennis Court Benches
910-000-0162 03/12/2029 $ 700.00 6 Each $ 4,200 10:00 10:00 9:02 $ 4,814
6 Each $ 4,200 $ 4,814
Tennis Court Reconstruction
920-001-0156 07/01/2056 $ 43,333.33 3 Each $ 129,999 40:00 40:00 36:06 $ 223,848920-002-0156 09/22/2050 43,333.33 4 Each 173,333 40:00 40:00 30:08 273,636
7 Each $ 303,333 $ 497,484
Tile Roof
910-000-0002 05/01/2040 $ 7.50 600 Sf $ 4,500 30:00 30:00 20:04 $ 6,091
600 Sf $ 4,500 $ 6,091
Tile Roof
910-000-0112 05/01/2040 $ 7.50 1,752 Sf $ 13,140 30:00 30:00 20:04 $ 17,785
1,752 Sf $ 13,140 $ 17,785
Tile Roof
910-000-0184 05/01/2040 $ 7.50 3,224 Sf $ 24,180 30:00 30:00 20:04 $ 32,728
3,224 Sf $ 24,180 $ 32,728
Time Clock (Bar Code Term)
910-000-0094 10/09/2022 $ 3,550.00 1 Each $ 3,550 10:00 10:00 2:09 $ 3,698
1 Each $ 3,550 $ 3,698
Timers Base Line
910-000-0109 05/01/2021 $ 2,500.00 2 Each $ 5,000 15:00 15:00 1:04 $ 5,100
2 Each $ 5,000 $ 5,100
Timers Rainmaster
910-000-0110 05/01/2023 $ 450.00 20 Each $ 9,000 15:00 15:00 3:04 $ 9,457
20 Each $ 9,000 $ 9,457
PRN:03/28/2020 Gainey Ranch - License # F701074 Page 43 of 45
Percipient Software, Inc. Copyright 2020 All Rights ReservedFinal Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Component List - Detail
Component Replace Est Adj Rem
Code Date Basis Cost Quantity Current Cost Life Life Life Future Cost
Toro Workman HDX Kubota
910-000-0209 03/28/2028 $ 24,691.10 1 Each $ 24,691 10:00 10:00 8:02 $ 27,883
1 Each $ 24,691 $ 27,883
Trencher
910-000-0074 05/01/2020 $ 3,200.00 1 Each $ 3,200 10:00 10:00 0:04 $ 3,215
1 Each $ 3,200 $ 3,215
Utility Trailer
920-001-0075 01/12/2032 $ 6,000.00 1 Each $ 6,000 25:00 25:00 12:00 $ 7,173920-002-0075 06/04/2021 6,000.00 1 Each 6,000 25:00 25:00 1:05 6,127920-003-0075 05/01/2029 6,000.00 1 Each 6,000 25:00 25:05 9:04 6,894920-004-0075 10/14/2020 6,000.00 1 Each 6,000 25:00 29:00 0:09 6,067920-005-0075 01/22/2040 6,000.00 1 Each 6,000 25:00 25:00 20:00 8,081
5 Each $ 30,000 $ 34,344
Vizio 47" Flat Screen Tv
910-000-0125 05/01/2020 $ 2,000.00 1 Each $ 2,000 10:00 13:00 0:04 $ 2,009
1 Each $ 2,000 $ 2,009
Walker Rider Mower
910-000-0054 06/19/2029 $ 15,000.00 1 Each $ 15,000 10:00 10:00 9:05 $ 17,257
1 Each $ 15,000 $ 17,257
Washing Machine
910-000-0127 01/24/2020 $ 1,100.00 1 Each $ 1,100 5:00 6:00 0:00 $ 1,100
1 Each $ 1,100 $ 1,100
Water Heater
910-000-0006 08/15/2026 $ 650.00 1 Each $ 650 10:00 10:00 6:07 $ 716
1 Each $ 650 $ 716
Water Heater
910-000-0102 12/01/2020 $ 744.00 1 Each $ 744 12:00 12:00 0:11 $ 754
1 Each $ 744 $ 754
Water Heater
920-001-0116 05/01/2021 $ 650.00 1 Each $ 650 10:00 10:00 1:04 $ 663920-002-0116 05/01/2020 650.00 1 Each 650 10:00 12:00 0:04 653
2 Each $ 1,300 $ 1,316
Water Heater (New)
910-000-0103 05/01/2020 $ 744.00 1 Each $ 744 12:00 12:00 0:04 $ 747
1 Each $ 744 $ 747
PRN:03/28/2020 Gainey Ranch - License # F701074 Page 44 of 45
Percipient Software, Inc. Copyright 2020 All Rights ReservedFinal Revision
Gainey Ranch CAAnalysis Date - January 1, 2020
Inflation:1.50% Investment:0.50% Contribution Factor:0.00% Calc:Future
Component List - Detail
Component Replace Est Adj Rem
Code Date Basis Cost Quantity Current Cost Life Life Life Future Cost
Welder - Shop
910-000-0190 01/29/2031 $ 1,600.00 1 Each $ 1,600 15:00 15:00 11:00 $ 1,600
1 Each $ 1,600 $ 1,600
Wheel Service
910-000-0073 05/01/2024 $ 2,500.00 1 Each $ 2,500 10:00 10:00 4:04 $ 2,666
1 Each $ 2,500 $ 2,666
Windscreens
910-000-0158 09/23/2024 $ 5,000.00 1 Each $ 5,000 10:00 10:00 4:08 $ 5,359
1 Each $ 5,000 $ 5,359
Wine Cooler
910-000-0140 08/01/2023 $ 1,200.00 1 Each $ 1,200 10:00 10:00 3:07 $ 1,265
1 Each $ 1,200 $ 1,265
Z Plug Aerator
910-000-0057 05/01/2025 $ 8,192.00 1 Each $ 8,192 5:00 12:00 5:04 $ 8,869
1 Each $ 8,192 $ 8,869$ 2,859,514 $ 3,367,052
PRN:03/28/2020 Gainey Ranch - License # F701074 Page 45 of 45
Percipient Software, Inc. Copyright 2020 All Rights ReservedFinal Revision