A good question concerning fountain operating costs and possibility of qualifying as a Capital Improvement, requiring a vote by membership. Accounting wise the fountain will be treated as an asset and go to the balance sheet and the reserve schedule for repair and replacement. A Capital Improvement but at no initial cost to the Master Association. Yes, there will be operating expenses which will not be Capital Improvements as they will end up on the operating statement as operating expenses. Some or all of the expenses may be offset by savings in labor and material in otherwise maintaining full landscaping. This probably should have been considered by the Board before agreeing to the project --- maybe they did??