An area outside Caernarfon castle is a possible location for the memorial
Long-running plans have moved forward to erect a memorial in Caernarfon to Owain Glyndwr, one of the key figures in Welsh history.
Glyndwr has strong links with other areas, but he also mounted a siege in the Gwynedd town's castle.
Town mayor Hywel William said there was support at the meeting for a memorial, but more discussions were needed on its form and the location.
He said he believed Glyndwr's links with Caernarfon should be commemorated.
He said: "There was support [in the meeting] and there should be a memorial of some sort but the exact form has not been decided but it was decided to contact the Caernarfon Civic Society to discuss the form and location of a suitable memorial."
He was asked whether some people would believe that this is a waste of time and money as the links between Glyndwr and Caernarfon was not very strong.
Glyndwr led a successful military campaign against the English
The mayor replied: "There are stronger links with other places, but Owain Glyndwr did play a part in the history of Caernarfon and I think this should be commemorated."
The meeting at the town's library was told there is about £2,500 in a bank account set up after the idea of a memorial or plaque was first raised about 11 years ago.
The maes [grassy area] in front of the castle has been suggested as a possible location for the memorial.
Owain Glyndwr instigated an ultimately unsuccessful but long-running revolt against English rule of Wales during the end of the 14th and the beginning of the 15th Centuries
Glyndwr held a siege in Caernarfon Castle in 1401 for two years and weakened the opposition.
A £125,000 bronze statue of the rebel leader has already been placed in Corwen, Denbighshire.
There is also an Owain Glyndwr centre in Machynlleth, Powys, where he held a parliament.