There's a local group that is trying to raise one hundred thousand dollars to renovate the 1905 building.
There's also a local businessman, Roger Lee of Economic Development of Central Oregon, who wants to buy it for one dollar, renovate it and rent it out.
Redmond Mayor George Endicott is leaning toward the businessman's proposal, but believes the historic building should be saved for the ages.
"It's an important building and it's really important we preserve it and give it a useful life."
The community group plans to leave the buidling in the Dry Canyon if the council gives their proposal the nod.
Roger Lee's proposal would move it to another lot in Redmond.