By 1873, the property had been acquired. The building was eventually torn down to make way for the Monumental Building. Clinton Township and Sidney work together to raise money.

Fund raising then, as now, was the major problem. With interest, the trustees had only $11,000. Nearly half of that amount was allocated to the purchase of the lot, and the estimate for the construction of the edifice was $65,000. It was felt the citizens of Sidney alone could not pay this amount. Fortunately, the right community leaders stepped forward and in the fall of 1874, the idea was proposed that the residents of Clinton Township and Sidney join together in the effort to complete the memorial. The issue was put to the voters. In the first instance of such regional cooperation, the Village of Sidney and Clinton Township residents decided to raise the needed funds by selling bonds as equal partners in the venture. The Shelby County Democrat reported that the vote was "nearly unanimous." When the first installment of bonds proved insufficient, the residents approved more money the following year.

On behalf of the veterans, a building committee composed of Col. Harrison Wilson, along with representatives from Sidney and Clinton Township, was formed. Designs submitted by Cleveland architect, Samuel Lane, were approved and his compensation set at $1,248 (about 2% of the total cost). Later, he was also granted a $200 performance bonus.