On June 3, 1996, the Town of Palmerston presented an offer to the CNR to purchase the railway property. Later that year resident volunteers began to organize a restoration effort and solicit money to replace the leaking roof. By 1998, the Town of Palmerston was able to fully purchase the yard from the CNR, and initiated the
CN Property Task Force which was responsible for overseeing the development of the property and renovation of the Station. With the help of volunteers and Palmerston's
Lions Club, the major renovations began which have led the station's present appearance. It has been returned to its 1900 Grand Trunk look, by having the insulbrick removed, board and batten replaced and the drop ceiling removed. The original wood of the ceiling was professionally grained to simulate its original appearance. The Agent's Office was stripped down to its original tine ceiling and the
Conductor's Room was converted into a kitchen by the Lions Club. In 2024 the resident volunteers announced plans to restore a 1947 caboose that had been donated to the museum several years prior. The Caboose Restoration Project began in the spring, with plans for the restoration to be completed in time for Palmerston's 150th anniversary. The project received $11,388 from the Rural Economic Development (RED) program and $4,500 from the Minto mayor's annual charity golf tournament. ==References==