26Client: 17269I Meadow View Lodge - Outdoor Pool

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1 Comp #: 302 Space Heater - Replace Quantity: (1) Reznor Unit Location: Pool equipnment room Evaluation: Installed in The space heater is functional and appears to be aging normally. No reported or observed problems. Serial #: BFH79X7N11784X. Replace as needed as an Operating expense. Worst Case: Cost Source: Comp #: 321 Landscape Lights - Replace Quantity: (9) Fixtures Location: Pool perimeter Evaluation: Inspected during daylight hours, but assumed to be functional. These fixtures are typically replaced on an individual basis as an Operating expense. No Reserve funding required. Worst Case: Cost Source: August 19,2014 Page 1 of 15

2 Comp #: 322 Bollard Lights - Replace Quantity: (10) Fixtures Location: Pool perimeter Evaluation: Inspected during daylight hours, but assumed to be functional. All fixtures are upright with no signs of any corrosion or excessive wear. Best to eventually replace all fixtures at the same time to maintain a uniform appearance. Overall good condition. These are included in the MLV Parking Lot section. Worst Case: Cost Source: Comp #: 325 Electrical/Fire Light Fixture - Rep Quantity: (14) Assorted Fixtures Location: Pool building exteriors and interiors Evaluation: The lights were not tested at the time of the inspection. The fixtures consists of (2) wall lights, (3) emergency fixtures, (3) fire strobe lights, (4) exit fixtures, and (2) fire pull handles. No abnormal damage or wear observed. Replace as needed as an Operating expense. Worst Case: Cost Source: August 19,2014 Page 2 of 15

3 Comp #: 401 Pool Canopies - Replace Quantity: (6) Assorted Canopies Evaluation: Purchased in Comprised of (2) 20' and (4) 10' canopies. The canopies were in storage for the winter. 6 years 1 years $8, Worst Case: $9, Comp #: 404 Outdoor Furniture - Replace Quantity: (79) Assorted Pieces and parking lot Evaluation: Parking lot: (2) trash receptacles and (1) bench. Pool area: (46) lounges, (12) chairs, (1) table, (11) drink tables, (3) picnic tables, and (3) umbrellas. No access to inspect the majority of the furniture. All pieces are assumed to be in fair condition with all straps intact. 8 years 1 years $20, Worst Case: $30, August 19,2014 Page 3 of 15

4 Comp #: 411 Drinking Fountains - Replace Quantity: (2) Fountains Location: Pool building Evaluation: Not tested during inspection. The fountains are assumed to be functional and aging normally. Both fixtures are intact. 1 $4, Worst Case: $5, Comp #: 415 Music System - Replace Quantity: (1) System Evaluation: No access to inspect (winter ice froze the doors shut). Assumed to be functional and intact. Expect to replace with more modern equipment in the near future. 10 years 1 years Photo Not Available $5, Worst Case: $6, system and speakers August 19,2014 Page 4 of 15

5 Comp #: 503 Pool Fence - Replace Quantity: Approx 420 LF Location: Pool perimeter Evaluation: The fencing is intact and stable. No warped or corroded sections. Regular repainting projects will help extend the fencing's useful life (refer to #1107). 2 1 $18, Worst Case: $23, Comp #: 505 Wood Privacy Partitions - Replace Quantity: Approx 76 LF Location: Pool building entrance/exit Evaluation: The partitions are upright and intact but are visibly discolored and weathered. No signs of any dry-rotting or similar structural deterioration. Best to repaint in-house as an Operating expense to help extend the useful life of the wood. 1 $4, Worst Case: $5, August 19,2014 Page 5 of 15

6 Comp #: 703 Building Doors - Replace Quantity: (8) Metal Doors Location: Pool building Evaluation: All doors were functional and intact. No signs of any warping or cracking. Some grime build up evident, but no signs of any corrosion. 20 years 10 years $4, Worst Case: $6, $600/Each; $800/Each; Comp #: 803 Water Heater/Tank - Replace Quantity: (1) AO Smith, 80 Gal Location: Pool equipment room Evaluation: This tank services the pool building bathrooms. The unit is assumed to be fully functional and aging as expected. No reported problems. Serial #: K06M $4, Worst Case: $5, August 19,2014 Page 6 of 15

7 Comp #: 909 Bathrooms - Refurbish Quantity: (2) Bathrooms Location: Pool building Evaluation: The bathroom assets consists of (4) showers, (3) toilets, (1) urinal, (2) sinks, (2) mirrors, (2) benches, and 1,900 GSF of painted walls (repainted as Operating). Fixtures were not tested at the time of the inspection but are assumed to be functional. No signs of abnormal wear or damage. 18 years 8 years $10, Worst Case: $16, Lower estimate to refurbish for improvements, such as new floorings Comp #: 1107 Pool Fence - Repaint Quantity: Approx 420 LF Location: Pool perimeter fence Evaluation: No corrosion or major peeling noted. Regular paint cycles will help protect the fencing from damaging weather and irrigation elements while maintaining an attractive appearance. This project is scheduled for years $3, Worst Case: $4, $8.00/LF; Lower estimate to prep and repaint $10.00/LF; August 19,2014 Page 7 of 15

8 Comp #: 1116 Building Exteriors - Repaint Quantity: Approx 2,000 GSF Location: Building exteriors Evaluation: Some cracking and discoloration noted on the wood surfaces. Best to repaint regularly to ensure a good aesthetic appearance. Best to cycle with the MLV exteriors. 0 years $2, Worst Case: $2, Lower estimate to prep and repaint Comp #: 1128 Fiber Cement Siding - Replace Quantity: Approx 2,000 GSF Location: Building exteriors Evaluation: The siding appears to be intact and aging normally. No signs of any cracking or unusual weathering. It is best to fund for eventual complete replacement. 40 years 30 years $10, Worst Case: $14, $5.00/GSF; $7.00/GSF; August 19,2014 Page 8 of 15

9 Comp #: 1200 Pool Deck - Reseal Quantity: Approx 6,700 GSF Evaluation: The pool deck membrane was resealed in Regular resealing will help extend the useful life of the decking membrane. 4 years 2 years Lower estimate to reseal $5, Worst Case: $6, Comp #: 1200 Pool Deck - Resurface Quantity: Approx 6,700 GSF Evaluation: The pool deck is in good condition overall. No signs of large cracks. No signs of lifting. Best to inspect on a regular basis for trip-hazards. 1 $40, Worst Case: $54, $6.00/GSF; Lower estimate to resurface decking membrane $8.00/GSF; August 19,2014 Page 9 of 15

10 Comp #: 1201 Pool Cover - Replace Quantity: (1) Cover Evaluation: Purchased in The cover appears to be fully functional. No tears or excessive sagging observed. Based on its age, it is best to replace the cover in the near future to ensure that it does not suddenly fail while in use. This project is scheduled for years 1 years $2, Worst Case: $3, Comp #: 1202 Pool - Replaster Quantity: (1) Pool, 30'x78' Evaluation: The pool was covered at the time of the inspection. Based on age, the pool should be replastered in the near future 12 years 2 years $28, Worst Case: $35, Lower estimate to replaster August 19,2014 Page 10 of 15

11 Comp #: 1207 Pool Filters - Replace Quantity: (2) Triton II Sand Filter Location: Pool equipment room Evaluation: Installed in The filter are assumed to be functional and aging normally. No signs of active leakage. No reported problems. Best to replace the sand periodically as an Operating expense. 1 $3, Worst Case: $4, $1,500/Each; $2,000/Each; Comp #: 1208 Pool Boiler - Replace Quantity: (1) Pentair, 715K BTU Location: Pool equipment room Evaluation: The manufacture date is 2006, which indicates that this boiler was installed (1) year after the pool was opened. Some wear is evident, but no signs of any corrosion or excessive deterioration. Serial # C years $16, Worst Case: $19, August 19,2014 Page 11 of 15

12 Comp #: 1209 Pool Acid Pump - Replace Quantity: (1) Pump Location: Pool equipment room Evaluation: The acid pump is assumed to be fully functional. No problems reported or signs of leakage. It was reported that this will be handled as an Operating expense in future years. Worst Case: Cost Source: Comp #: 1209 Pool Chlorinator - Replace Quantity: (1) Accu-Tab System Location: Pool equipment room Evaluation: Installed in System has (1) 1 HP pump. No reported problems. No signs of leakage. 10 years 4 years $3, Worst Case: $4, August 19,2014 Page 12 of 15

13 Association Reserves Inventory Appendix 17269I Client: 17269I Meadow View Lodge - Outdoor Pool Comp #: 1210 Pool Pump - Replace Quantity: (1) 5 HP Pump Location: Pool equipment room Evaluation: The pump is assumed to be functional. No signs of corrosion, but based on the unit's age, plan to fund with the expectation that the assembly could fail at any time. Best to rebuild the motor as needed as an Operating expense. This project is scheduled for years 1 years $5, Worst Case: $6, Comp #: 1217 Pool Handicap Lift - Replace Quantity: (1) Lift Evaluation: The handicap lift is older. Based on age, anticipate the need to replace in the near future. This project is scheduled for years 1 years $3, Worst Case: $5, August 19,2014 Page 13 of 15

14 Association Reserves Inventory Appendix 17269I Client: 17269I Meadow View Lodge - Outdoor Pool Comp #: 1222 Pool Robot Cleaner - Replace Quantity: (1) Cleaner Evaluation: Purchased in The unit was not tested during the site inspection. Assumed to be fully functional and aging normally. 10 years 3 years $5, Worst Case: $5, Comp #: 1303 Pool Bldg Asphalt Shingle Roof - Re Quantity: Approx 2,000 GSF Location: Pool building roof Evaluation: The shingles appear to be properly aligned and aging normally. No visible abnormal deterioration or damage. No reports of any water intrusion or similar roof failure. 20 years 10 years $8, Worst Case: $10, $4.00/GSF; $5.00/GSF; August 19,2014 Page 14 of 15

15 Association Reserves Inventory Appendix 17269I Client: 17269I Meadow View Lodge - Outdoor Pool Comp #: 1310 Gutters/Downspouts - Replace Quantity: Approx 110 LF Location: Attached to building sides Evaluation: The gutters are intact and assumed to be functional. Clean at least once per year and repair as needed using Operating funds. Good apparent condition. Worst Case: Cost Source: Comp #: 1803 Fire Alarm Panel - Replace Quantity: (1) Silent Knight Location: Pool equipment room Evaluation: We are not licensed to inspect these systems. Although some systems can last 20+ years with only regular maintenance, manufacturers do not make replacement parts for many systems once they reach a certain age. This component represents periodic technology upgrades. Panels and other "smart" components should be replaced with more modern technology to ensure a quality, functional system. 1 $3, Worst Case: $4, August 19,2014 Page 15 of 15