Cohousing-L Mailing List: Re: replacement reserves

[Elizabeth Stevenson (tamgoddess]

Indeed, replacing the roofs is one thing we have budgeted for, and that is
supposedly 30 years away from when we were built. I think there is something
very fishy about this.


-- 
Liz Stevenson
Southside Park Cohousing
Sacramento, California
lilbert [at] comcast.net

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> From: Sharon Villines <sharon [at] sharonvillines.com>
> Reply-To: Developing cohousing - collaborative housing communities
> <cohousing-l [at] cohousing.org>
> Date: Wed, 07 Apr 2004 09:29:26 -0500
> To: "cohousing-l [at] cohousing.org" <cohousing-l [at] cohousing.org>
> Subject: Re: [C-L]_ replacement reserves
> 
> 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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