Cohousing-L Mailing List: Re: replacement reserves

[Sharon Villines (sharon]

On 4/6/04 7:25 PM, "don i arkin" <shardon5 [at] juno.com> wrote:

> 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.

What???? Meaning the place will fall down by then? Is this short term
thinking or what? Surely this is a mistake?

Sharon
-- 
Sharon Villines
Takoma Village Cohousing, Washington DC
http://www.takomavillage.org

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