Thursday, September 1, 2011

Townhome Painting Projects

A Reserve Study is a budget planning tool which identifies the current status of the Reserve Fund and a stable and equitable Funding Plan to offset future common area expenditures. This document is prepared by an outside independent consultant and is required by State Law. Reserve Studies are, in essence, planning tools designed to help the Board anticipate, and prepare for, the property's major repair and replacement projects.

The Daybreak Townhome 1 Reserve Study was completed in 2009 and will be updated in 2011. Per the Reserve Study, the Association has a set amount of funds in 2011 and 2012 for repainting the door trim, garage door trim, window trim and window pop outs.

As part of our reserve study, funds were dedicated to be expended in 2011 & 2012 for painting projects. The Board reviewed and discussed, in great detail, four proposals to complete this project. South West Painting was awarded the contract and began the project in August, 2011.

Here is a schedule of the areas that will have their door trim, garage door trim, window trim and window pop outs repainted:

  2011:
  Townhomes along 118th South and Harvest Sun (16 Buildings)
  Cave Run Door Trim Painting (This is only sun exposed door trim that has faded)

  2012:
  Townhomes along Calton Lane (13 Buildings)
  Townhomes along Grandville Avenue (8 Buildings)
  Townhomes along Lake Falls Road (6 Buildings)
  Townhomes along Daybreak Rim Road (1 Building)

For a unit list, please contact Melissa Carsey at mcarsey@ccmcnet.com or (801) 254-8062.

In addition to the door and window trim that needs to be repainted, we identified several homes in both Eastlake and Founder’s Village that need siding paint and possible replacement. The buildings along Grandville Avenue, Lake Falls and in Eastlake Village with peeling paint along the siding, will be repaired and painted in September, 2011. A full painting schedule will be availalbe in the upcoming weeks.

We look forward to working on upcoming projects in the Association. Should you have any questions regarding this project, the Reserve Study or other community project, please contact Melissa Carsey.

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