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Oak Park outlines recovery, new event hub and major capital projects as economic engine
Summary
Oak Park's mayor and city manager described a decade-plus financial recovery, a $10 million event hub/amphitheater and a $44 million voter-backed community center bond, and said 26 liquor licenses were issued after a voters' decision to allow on-premise alcohol.
Oak Park officials told the Berkeley Area Chamber breakfast that the city has recovered from the 2008 tax-value decline, is investing in major public spaces and is positioning itself to attract restaurants and nightlife.
Mayor Marianne McClellan and City Manager Eric Tungi said Oak Park has rebuilt its fiscal stability after the 2008 property-value crash and now maintains a "rainy day" reserve near 17% of its general fund. Tungi presented…
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