Stirling Council is to spend nearly £875,000 on restoring the Christie Clock.
Councillors have confirmed plans to restore the landmark.
Council officials say it could be rebuilt by October 2026.
It was demolished in September 2022, after it was deemed at risk of collapse by engineers.
Stirling Council Depute Leader Gerry McGarvey said: “We appreciate the strength of feeling about what happened to this much-loved clock and the detailed report discussed today by full council laid out all the costings and processes for each option.
“It was incredibly difficult situation for everyone, but there was general consensus about honouring our commitment to the people of Stirling. Not everyone will agree with our decision at a time when Stirling Council, like other local authorities, faces a significant budget shortfall.
“I understand that, but we promised the people of Stirling a full reinstatement of the Christie Clock. We had an option to safeguard the plinth and undertake a re-build at a later date. That was not an acceptable course as costs would almost certainly increase.”