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Reserve Advisors, LLC <br />Excluded Components <br />for <br />Arden Hills City Hall <br />Arden Hills, Minnesota <br />Operating Budget Components <br />Repairs normally funded through the Operating Budget and Expenditures less than $6,000 (These relatively minor expenditures have a limited effect on <br />the recommended Reserve Contributions.) <br />The operating budget provides money for the repair and replacement of certain Reserve Components. The Association may develop independent criteria <br />for use of operating and reserve funds. <br />• Air Handling Unit, Mini -Split System, AV Room <br />• Asphalt Pavement, Parking Area, Repairs <br />• Bike Racks <br />• Canopy, Interim Paint Finishes and Repairs <br />• Entrance Monument <br />• Fan Coil Units <br />• Wood Fence, AC Housing <br />Long -Lived Components <br />These elements may not have predictable Remaining Useful Lives or their replacement may occur <br />beyond the scope of this study. The operating budget should fund infrequent repairs. Funding <br />untimely or unexpected replacements from reserves will necessitate increases to Reserve <br />Useful Life <br />Estimated Cost <br />Contributions. Periodic updates of this Reserve Study will help determine the merits of adjusting the <br />Reserve Funding Plan. <br />• Electrical System <br />to 70+ <br />N/A <br />• Foundation <br />Indeterminate <br />N/A <br />• Structural Frame <br />Indeterminate <br />N/A <br />Others Responsibility Components <br />Certain items have been designated as the responsibility of Others to repair or replace. <br />• Fence and Gravel Path, North Perimeter (Neighboring Property) <br />Printed on 4/4/2025 Exclusions Lists - Section 2 -1 of 1 <br />