cohousing on the radio in Denver | <– Date –> <– Thread –> |
From: Ellen Orleans (ellenwhdc.com) | |
Date: Fri, 9 Apr 2004 12:54:06 -0700 (PDT) |
Hi Everyone, For those of you living in the Denver metro area, I'll be talking about cohousing on the radio tomorrow (Saturday April 10). Time: 2 to 3 pm Station: 1150 AM, KRNC Show: The PowerHousing Hour with Sarah Harmond It is a call-in show, so feel free to phone in, share your experiences, ask questions, and enlighten the world. Enjoy the April snow showers (it's snowing here in Boulder), Ellen |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| ||||||||||||||||||||||||||||||||| Ellen Orleans Wonderland Hill Development Co. 745 Poplar Avenue Boulder, Colorado 80304 Phone: 303-449-3232 x107 Fax: 303-449-3275 -----Original Message----- From: cohousing-l-request [at] cohousing.org [mailto:cohousing-l-request [at] cohousing.org] Sent: Wednesday, April 07, 2004 3:17 AM To: cohousing-l [at] cohousing.org Subject: Cohousing-L Digest, Vol 3, Issue 5 Send Cohousing-L mailing list submissions to cohousing-l [at] cohousing.org To subscribe or unsubscribe via the World Wide Web, visit http://lists.cohousing.org/mailman/listinfo/cohousing-l or, via email, send a message with subject or body 'help' to cohousing-l-request [at] cohousing.org You can reach the person managing the list at cohousing-l-owner [at] cohousing.org When replying, please edit your Subject line so it is more specific than "Re: Contents of Cohousing-L digest..." Today's Topics: 1. Re: Replacement Reserve Funds (Dahako [at] aol.com) 2. Re: Replacement Reserve Funds (Sharon Villines) 3. Re: A major milestone in Austin, TX (Carl Manz) 4. replacement reserves (don i arkin) ---------------------------------------------------------------------- Message: 1 Date: Tue, 6 Apr 2004 07:46:38 EDT From: Dahako [at] aol.com Subject: Re: [C-L]_ Replacement Reserve Funds To: cohousing-l [at] cohousing.org Cc: hlewis [at] sonic.net Message-ID: <197.27bae73a.2da3f29e [at] aol.com> Content-Type: text/plain; charset="US-ASCII" Hi - Check out www.caionline.org. Their advice is to get a reserve study to determine the amount of reserves you need. Once you have the study, you can make a plan for how to adequately fund your reserves. -Jessie Handforth Kome Eastern Village Cohousing Silver Spring, Maryland "Where we only have a few residential units left and are working hard on getting ready to move in." ------------------------------ Message: 2 Date: Tue, 06 Apr 2004 08:11:35 -0500 From: Sharon Villines <sharon [at] sharonvillines.com> Subject: Re: [C-L]_ Replacement Reserve Funds To: "cohousing-l [at] cohousing.org" <cohousing-l [at] cohousing.org> Message-ID: <BC9816B7.B4B8%sharon [at] sharonvillines.com> Content-Type: text/plain; charset="US-ASCII" On 4/5/04 8:34 PM, "Harriet Lewis" <hlewis [at] sonic.net> wrote: > > I live in a 27 unit housing cooperative in Santa Rosa. We have a > $50,000 replacement reserve fund. The fund is to cover all indoor and > outdoor needs other than routine maintenance. Our housing cooperative > is i22 years old . Therefore ,the buildings are beginning to show > wear, refrigerators and heaters are probably on their last legs, etc. > We are asking the question "Do we have enough in Replacement Reserves?" The best thing is to have a reserve study done. These are done by companies who employ engineers who really look at your property and determine how long all your structural elements will last and how much it will cost to replace them. They know stuff about materials that you and most contractors won't know. Our reserve study has a list of all the elements that will have to be replaced including less obvious things like sidewalks and sewage ejectors and when we should expect to replace them. Ours also includes floor coverings in the commonhouse, furniture, kitchen appliances, gutters -- everything! Then it estimates given a rate of inflation how much it will cost to replace each of these things. Then there is a calculation based on how long each thing will last and how much it will cost to replace that tells us how much we have to save each year for each thing in order to have enough to replace each thing. Voila, a round number that we save each year. I'm currently looking at doing some calculations like Rosewind does. They have an account for each thing so when it is filled, they don't have to save more for that item. This encourages saving money by deferring replacements when it is possible. I'm hoping this will also encourage us to do better maintenance awareness so systems will last longer. Sharon -- Sharon Villines Takoma Village Cohousing, Washington DC http://www.takomavillage.org ------------------------------ Message: 3 Date: Tue, 6 Apr 2004 08:19:00 -0500 From: Carl Manz <cbmanz [at] io.com> Subject: Re: [C-L]_ A major milestone in Austin, TX To: Developing cohousing - collaborative housing communities <cohousing-l [at] cohousing.org> Message-ID: <F79888CB-87CC-11D8-B1FB-003065A5E24C [at] io.com> Content-Type: text/plain; charset=US-ASCII; format=flowed Cat, Congratulations! I do hope the financing was the highest hurdle and that the obstacles to come require only small leaps of faith. We've followed your progress with interest. It's our hope that once y'all have blazed the trail for cohousing in Texas other will follow with ease. We've purchased into Tucson's Stone Curves community (another of Wonderland Hill's developments) and expect to move into our new home July end/early August. Best to you all, Christine Johnson > Oak Village Commons has arranged financing for the purchase of the land > we have selected for our cohousing community. -------------------------------------------------- Carl Manz and Christine Johnson 321 Sage Road Bastrop, Texas 78602-5652 512-303-4716 cbmanz [at] io.com -------------------------------------------------- ------------------------------ Message: 4 Date: Tue, 6 Apr 2004 17:25:19 -0700 From: don i arkin <shardon5 [at] juno.com> Subject: [C-L]_ replacement reserves To: cohousing-l [at] cohousing.org Message-ID: <20040406.205121.1088.6.shardon5 [at] juno.com> Content-Type: text/plain; charset=us-ascii Hi, We have done our own reserves study at Sonora Cohousing in Tucson. Since our community is less than 4 years old it has yet to be tested. We based our calculations on standard practices in the HOA industry. We gleaned these practices from reviewing several professional reserve studies done for HOA's where friends of ours lived. Our assumptions were that our reserve accounts would grow at a rate to match the inflation rate of repairs and replacements. We did not budget for items that would last at least 30 years from the date of the study. One assumption made by the professionals was that replacement of buildings, typically more than 50 years away, were beyond the "useful life of the project" and could thus be ignored entirely. We then made a list of common buildings and facilities and equipment, and estimated when they would need replacement or repair and how much that would cost. We divided the cost by the number of years until the need, and added up all those results to get a yearly reserves budget. Don ------------------------------ _________________________________________________________________ Cohousing-L mailing list -- Unsubscribe, archives and other info at: http://www.cohousing.org/cohousing-L End of Cohousing-L Digest, Vol 3, Issue 5 *****************************************
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