Misc. Website Items 2013 LLA Reserve Study | Page 4

Lake Linganore at Eaglehead is a Planned Unit Development, or PUD established in 1968. Currently there are 2,506 improved dwellings and 536 vacant lots, for a total of 3,042 units in the development. Lake Linganore Association was established to maintain the open spaces and recreational facilities for the community, which include; three outdoor swimming pool facilities, three public beach areas, hiking and biking trails, various sport courts, playgrounds and picnic areas. The Association is also responsible for paving of most of the community roadways and maintenance of all of the storm water management systems. 2.0 EXECUTIVE SUMMARY We consider the components which are the responsibility of the Association to be in average condition when compared to those of other communities of similar age, location and construction type. Some components are in need of repair and/or replacement soon and others will require attention over the term of this evaluation. This work should be planned and prioritized in conjunction with the reserve analysis. For a detailed discussion of all of our findings of this study, refer to the appropriate sections of this report. Based on our evaluation, the current level of reserve funding for this community is not adequate and increases will be required to meet the impending shortfalls. We have prepared alternatives as representative methods to increase the reserve levels in order to meet these anticipated needs of the community. A more detailed analysis of the reserve fund has been provided in Appendix A. For your convenience, we have prepared the following summary of the condition of the major systems of the property. PROPERTY SUMMARY SYSTEM STORMWATER Storm Drainage Ponds and Lakes Dams and Embankments PAVING Roadways and Parking Trails Esplanade BUILDINGS Pool Buildings SWIMMING POOLS Pool Shells and Decks Pool Equipment and Accessories Pool Site Features OTHER AMENITIES Sport Courts Beaches Playgrounds and Picnic Areas Lake Linganore New Market, Maryland Page 2 CONDITION ACTIVITY REQUIRED FREQUENCY G G G Emergency repairs and replacements Dredging, Outlet structure repairs Emergency repairs Every 5 years Next 1-4 Yrs. then every 10 Yrs. Varies See Worksheet/50 Yrs. G-F G-F G Repave, partial curb replacements Repave and Replace Crushed Stone in Phases Periodic Inspections and Repairs Varies See Worksheet/20 Yrs Every 15 Yrs / 3 Yrs Every 5 Years G Replace Exterior Finishes/ Refurbish Interiors Varies See Worksheet/ 20 Yrs G G G White Coat / Reconstruction / Periodic Repairs Replace Equipment Accessories and Furniture Replace Fences / Light Poles / Stone Wall Repairs Every 7 Yrs / 50 Yrs / 5Yrs Varies See Worksheet Every 30 Yrs / 30 Yrs / 5Yrs G-F G G Color Coat / Resurface Replace Boat Racks Replace Equipment and Wood Chip Surfaces Every 7 Yrs / 21 Yrs Every 20 Years Every 20 Yrs / 3 Yrs