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RESERVE <br />ADVISORS <br />Tile floor covering overview <br />Tile floor covering overview <br />Useful Life: Up to 30 years although replacement of tile is often based on discretionary <br />redecorating prior to the tile reaching the end of its useful life. <br />Priority/Criticality: Per Management discretion <br />Expenditure Detail Notes: Expenditure timing and costs are depicted in the Reserve <br />Expenditures table in Section 3. The building should fund regrouting of the tiles through <br />the operating budget if necessary. <br />Furnishings and Office Equipment <br />Line Item: 2.450 <br />Quantity: Furnishings and office equipment include but are not limited to the following <br />elements: <br />• Artwork and decor <br />• Chairs <br />• Computers and monitors <br />• Cubicle partitions <br />• Desks <br />• Printers <br />• Sofas <br />• Tables <br />• Telephones <br />• Televisions <br />History: The furnishings and equipment likely vary in age <br />Condition: Reported satisfactory <br />Page 4.15 - Reserve Component Detail <br />