PROVO — A stately school that was scheduled to be razed will stay standing for another six months.

Provo's Board of Education postponed a decision on the Maeser Elementary School's fate until proposals to buy the 103-year-old building could be studied and debated.

The board also promised public hearings to discuss any proposals to sell, lease or raze the school at 150 S. 500 East.

The stay of demolition lasts only six months — but the vote elicited cheers at Tuesday's board meeting.

"This is the name that we call our neighborhood. We take great identity from it," said Richard McKinley, who lives near the school, which closed at the end of last school year.

One proposal would use the frame of the 1898 Maeser building for up to 100 condominiums. The property costs between $800,000 and $1.2 million.