Fox Point Homeowners Association October 30, 2013

Meeting Overview Why a new pool? Williams design plan HOA finances – how to pay for the project Project timetable

Pool Studies/Reports 2005 PHN Architects Pool Study 2006 Committee Report 2010 PHN Architects Pool Study 2011 Independent Aquatic Engineer Report 2011 Systems Assessments -- made it clear that our pool was at its “end of life”. Deck drainage and piping of entire pool area in need of total replacement due to failure (broken and clogged). Dye test revealed leaks in the pool wall, gutter and pit

2012 Renovation Application 2011 Board engaged architect to explore renovation versus replacement. Application to state started at $ K plus contingency -- $650K tipping point. IDPH additional requirements drove cost to $700K for renovation of main pool.

Why a New Pool? Renovation $700K+ to meet current codes. Building a new main pool structure was projected to be $1.0M. Renovation based on good sound concrete pool shell Lifespan of renovation years vs. new years Diving well not compliant with code and starting block depth shallow by current standards

New Pool Architect and Plan Selection Pool Subcommittee formed – Elaine Leighton, Tom Malia, Doug Zwiener, Keith Gritzek, Lynn Douglas, Geoff Ommen and Seth Gering (pool manager). Subcommittee interviewed 3 firms in summer 2013 (2 architects, 1 builder)– asked them to present their vision for the pool and a complete project proposal (budget estimate, plans, construction management through project completion) Subcommittee selected Williams Architects based on their experience, project management abilities with in-house aquatic engineering, and creative vision for pool project.

Scope of Work Revised Original $1.0M budget was to replace the L shaped pool shell and deck, keeping the existing tot pool and mechanical equipment. Existing mechanicals (filtration) would potentially work with new pool design but require additional components to meet code. New heaters required for main and tot pools. Better to replace all systems for efficiency and lower operational costs. To repair tot pool deck requires new tot pool (and shed/mechanicals).

Fox Point Pool Priorities Pool subcommittee met with Williams several times to identify the top user priorities. Competitive swimming with 6 lanes Deep water area for recreation and diving/water polo Diving board Lap lane available at all times Maximum usable deck surface area Tot pool

Design Options Subcommittee and Williams met several times to discuss design alternatives that would best suit our users. Exact same “L” shaped layout Rectangle pool with deep water Modified rectangle pool with step-in area Tot pool vs spray pad Optional features: drop/flume slides, high diving board, separate spray pad

Pool Design Elements Main rectangle pool Increases recreational deep water use Diving board easily removed Better sight lines for staff and parents Easier to clean and maintain Step-in area Easier access for older adults and parents with young kids Allows parents with younger and older children in pool together Feature will appeal to adults away from more active play Tot Pool

Williams Pool Design

Water Features

Initial Cost Estimates New main pool*$1.2M - $1.3M Step-in area$106K- $120K Shade structures$30K - $40K Tot pool/building**$252K - $283K TOTAL$1.6M - $1.7M * decks/drainage/mechanicals/fencing/lighting/electric/hose hydrants/rework filter room plus architect/legal/construction management **decks/drainage/mechanicals/fencing/lighting/electric/new equipment shed plus architect/legal/construction management

Tot Pool Estimate 1000 sq. foot pool$120,000 New mechanical shed 20,000 Decks/fencing 30,000 Lighting/power 11,000 Demo/earthwork 14,000 Utilities allowances 15,000 Design fees/contingencies 34,000 Sprays/bubblers 8,000 TOTAL$252,000

How Does Pool Impact Reserves? Starting Balance 1,829, Dues Allocation 170,000 Potential Capital Expenditures-Non-Pool (75,000) 2015 Dues Allocation 170,000 Potential Capital Expenditures-Non-Pool (75,000) Sub-total 2,019,000 Estimated Pool Expenditure(1,700,000) Remaining Post-Pool Reserves 319,000 Projected Reserve’s Replenishment Annual Dues Allocation 170,000 Average Non-Pool/Non-Lake Capital Expenditures (53,000) Annual Addition to Reserves: 117,000

Project Timetable Oct-Dec 2013 – Design Development/Construction Documents Jan-Mar 2014 – Submit application to IDPH/Obtain permit Apr-Jun 2014 – Bid and award construction contract Late August 2014 – Construction begins May 2015 – New pool opens