Because Oakdale is a muncipal park, has to go on the ballet for voters to decide about possible sale.
On 6/10/2019 there were two relevant items. audio One was "Discussion, consideration and possible action on cancelling the concerts and movies in the park program. and second was an executive session item about deliberating about Real Property-Oakdale Park, after which there was discussion and possible action.
In 2007, the city took the first step toward purchasing Oakdale when voters created the Glen Rose Economic Development Corporation by approving a ½ percent EDC sales tax. Counting on EDC revenue, the city issued about $3 million in bonds for purchasing the park and some undeveloped property adjacent to the park, renovating the park, and constructing the riverwalk.
The debt won’t be paid off until 2034. The annual payments of about $206,000 consume the majority of the EDC revenues.
In recent years the city has been using money from the General Fund, or sales and property tax dollars, to make improvements to the park. The city has also been subsidizing the cost of operating the park, because the revenue it brings in hasn’t been enough to cover costs. With debt and subsidies, last year taxpayers paid about a quarter of a million dollars to keep Oakdale going. That’s an improvement, because the year before they paid almost a half a million dollars to do so.
On 7/9/2019audio "Town Hall Meeting for Discussion Regarding Potential Sale of Oakdale Park"
On July 22, 2019 audio "B. Discussion, consideration and possible action on what to do with Oakdale Park, wehther to continue owning and operating it, lease it, contract with someone to manage it or sell it. C. Discussion, consideration and possible action on adopting a resolution calling for a special election for the purpose of submitting a proposition for adoption or rejection on the Sale of Oakdale Park. and F. Discussion concerning Utility Fund and Oakdale Park budgets and review of General Fund and Convention and Visitors Bureau Budgets
8/20/2019- Discussion concerning utility fund and oakdale park budgets and review of General Fund and Convention and Visitors Bureau Budgets
10/14/2019- Discussion, consideration and possible action on adopting a new Oakdale Park Rate and Fee Schedule.