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1110 <br />was awarded a $250,000 grant with a required match of $27,000 to begin this project. Total <br />cost of the project is estimated at $4,400,000 with the Authority receiving a total grant amount of <br />$4,000,000 and a required match of $400,000. The Authority will be requesting that the City <br />and County approve the release of $400,000 from the Airport Reserve fund that the County <br />maintains. The balance of the fund as of June 30, 2012 was $473,000. With this release the <br />fund will be pretty well depleted. The fund was set up to pay for operational and capital <br />expenditures that may arise at the airport. Under our agreement with the City, the City and <br />County must both agree to the expenditure of the money from this fund. The agreement also <br />says that the City and County will provide any capital match on a 50/50 split. We are expecting <br />a letter from the Airport Authority Chairman any day. <br />Community Development/Activity Summary — Attached you will find the most recent TRC <br />(Technical Review Committee) agenda and the Building Permit Report from Community <br />Development. At last month's Commissioners meeting the Board expressed the desire to be <br />better informed of upcoming development projects. These two reports provide a lot of <br />information. Until otherwise directed, I will include these agendas and reports as part of my <br />Monthly Report. <br />Upcoming Meetings <br />December 3` — 9 a.m. — Commissioners Swearing -In Ceremony <br />December 3rd — 3 p.m. — Commissioners Regular Scheduled Monthly Meeting <br />December 3r —6 p.m. — Required Public Hearing for the Solid Waste Management Plan <br />December 17 — Time TBD — Commissioners Second Regular Scheduled Monthly Meeting <br />December 24 25 and 26 - Christmas Holiday — Offices Closed <br />January 1 St — New Year's Holiday — Offices Closed <br />