The town plans to restore the bell tower now that it has been relocated.
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If the $27,500 goal is reached, it will be matched by the Indiana Housing and Community Development Authority.
The statue stands along the Ohio River in Clarksville's Ashland Park.
The "Rosie the Riveter" Art Installation will be unveiled Sept. 16 at Ashland Park by the Clarksville Historic Preservation Commission (HPC).
The commission said last year that it was "long overdue" to celebrate the town's connection to Rose Will Monroe, aka "Rosie the Riveter."
Rose Will Monroe was made famous during World War II as the original "Rosie the Riveter" when employed as a riveter building B24 Bombers.