Ross told KDHL, "They have no plans of razing it or tearing it down. They're going to reuse as much of the building as they possibly can and continue with that grand structure that you see when you come into Faribault on Highway 60."
Currently the proposal from the company chosen to erect the water tower, Caldwell Tanks, is for current City of Faribault logos to be placed there at a cost of $9,500 each.