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STINESVILLE, Ind. — A tiny southern Indiana town that purchased a former elementary school for $1 plans to turn the building into a hub for the rural community.

The Stinesville Town Council voted Tuesday night to purchase the former Stinesville Elementary School in the town about 15 miles northwest of Bloomington.

The (Bloomington) Herald-Times reports that the hilltop school which overlooks the Monroe County community of about 200 residents has been a town fixture since the 1920s.

The Richland-Bean Blossom Community School Corp. closed the school last year following years of dwindling student enrollment.

A citizens committee will be formed to draft proposals for the building’s reuse and pursue grant money.

Town council member Reggie Payton says the old school could have many second uses, including as a community center and a museum.