reserve funds/retrofit cohousing
Date: Mon, 15 Aug 94 15:39 CDT
Retrofit cohousing gets complex.
I don't expect many of you are dealing with this issue, but who knows.  

our Common House and 8 coop units are in a 1924 building, formerly a retirement
home.   We are working on setting up reserves for replacement costs, and
looking for efficient ways to get expected useful life and replacement costs.
So far we have considered asking contractors, a consultant on property
management, and the service people who have been dealing with the elevator,
furnace, plumbing, etc.  

Any ideas on the relative merits of such sources (I know, this is stretching
it) or better ideas will be welcome.  


Judy Baxter, Monterey Cohousing Community, (MoCoCo)
Twin Cities Area, Minneapolis/St.Paul Minnesota
e-mail: baxter [at]

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