Charles B. Hall Foundation representative Ted Paris told The Brazil Times the ceremony has been set for 1 p.m., Saturday, Aug. 22.
"I'm just happy that it's done," Paris said. "It's been enjoyable."
The ceremony will include keynote speaker Ret. Gen. Dorian Trent Anderson, a 1971 graduate of Brazil High School. Upon retirement, Gen. Anderson was a two-star General in the United States Army.
The monument for the former Brazil resident has its roots dating back four years.
Paris said members of the community got together back in November 2005 to discuss ways to bring tourism to United States 40 in downtown Brazil.
One item that came up was erecting the Hall memorial in front of City Hall.
"From that point, there were numerous meetings, numerous discussions, half a dozen drawings and plans," Paris said. "It's been three-and-a-half years and we've been fundraising for two-and-a-half years."
Paris added several people lent a helping hand with fundraising efforts.
"There's been tons of volunteers," he said. "We had 60 people who wrote checks and brought money in and there have been numerous businesses which donated time and effort to get this thing done.
"I'm tickled pink."
The memorial stands next to the McNutt Fountain in front of City Hall.
It includes a model of Hall's P-40 Warhawk, "The Maxine," named after his wife, on top.
Other additions include a face plate of Hall and a plaque listing the Tuskegee Airman's military accomplishments during World War II.
On July 2, 1943, Hall's squadron provided cover for a formation of B-25 "Mitchell" bombers when more than 20 German fighter planes attacked over Castelvetrano Field, Sicily. Hall, then 22, was the first African-American pilot to shoot down a German Focke-Wulf FW190.
It was his eighth mission and also the unit's first aerial victory against the Luftwaffe.
Following the mission, Hall was awarded the Distinguished Flying Cross.
After the war, Hall worked at Tinker Air Force Base before going on to work with the Federal Aviation Administration.
Upon retiring, he became an insurance agent in Oklahoma City, until he died in 1971.