(Richmond, IN)--Wayne County’s Economic Development Corporation Board met Monday got an update on a new terminal building at the Richmond Municipal Airport.  Designing is already underway for the new terminal, which is projected to cost just under $3 million.  Currently, there is still an $840,000 shortfall.  An announcement about $1.4 million in funding from the FAA is expected next month.  If that does not come to fruition, the plan now is to make up the deficit largely through naming rights and EDIT funding.  Bidding construction is set to being next month.