New Replacement Reserve Study
Posted on Sep 18th, 2024
The Board has recently approved a new Replacement Reserve Study for the Association and the Marina. Reserve Studies are used to determine recommended funding for Replacement Reserves (the maintenance funding for our facilities). Reserve Studies are required at least every 5 years by law. The last study was completed in 2020. Based on the age of our Community and the recent Replacement Reserve expenditures, the Board determined that completing the next study a bit ahead of schedule would be prudent. To access the studies, please click on the Members tab/Documents. Details are in the last paragraph on that page.