The monument would commemorate the 30th anniversary of the reactivation of the 10th Mountain Division and be located at Thompson Park in Watertown.
The reactivation of the division by the military was announced in September 1984.
One hundred fifty thousand dollars would reportedly be needed to fund the project with many details still needing to be worked out.
Michael Plummer, who heads the group, is scheduled to attend this evening's meeting of the Watertown City Council to discuss the idea further.
Copyright 2016 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.