For more than a year, controversy has surrounded the old Banner School in Guthrie.
In the early morning hours of May 9, 2014, the school, built in 1935, burned down.
Four juveniles are accused of setting it on fire.
More than 18 months later, the charred building still sits off W. Warner Ave., and residents there said it has been a problem.
“It really sucks because, you know, we have to drive past that, and it's taking down the values of our homes," Renee Lappin said. "No one wants to see a burned down building every day."
Above all, residents call what is left of the structure a danger.
That is why they were excited to hear Guthrie had settled its case with the property owner.
Right before the case was set to go to trial, both sides came to an agreement inside the Logan County Courthouse on Monday.
City Attorney Randel Shadid said the property is expected to be cleaned up within 120 days.
"Hopefully, that will happen," Shadid said. "The judge also granted an order that, if they don't and the city should have to spend city taxpayer dollar cleaning it up, then we can go back against the owner for those costs."
Residents said the cleanup cannot come soon enough.
"I'll be glad when it's gone," Lappin said.
The city manager said the building’s removal could cost anywhere from $50,000 to $60,000.
NewsChannel 4 reached out to the property owner and his attorney Tuesday afternoon.
At this time, we have not heard back.