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the CPI over that 3 year period. The positive cash flow for the Authority (including the <br />rental cost of T- Hangers) is $34,000 in the first year. This positive cash flow does not <br />include the profitability of the fuel sales to the Forestry Service. <br />It is anticipated that the Forestry Service will complete their move in December of this <br />year. The Authority will use funds on hand and left over from the funds transferred to <br />complete the purchase to begin the design and bidding of the renovations. Once the <br />bids are in hand, the Authority can appear before the Local Government Commission. <br />Our intentions are for this construction to begin by July 1 so we have time to be ready <br />for the Forestry Service relocation in December. <br />On behalf of the Airport Authority — several who is present today — we thank the <br />Commissioners for the years of support to the Airport. We also thank you for your <br />consideration of our request today. We are very appreciative of the expedited decision <br />to hold a special meeting to consider our request. <br />2 <br />