Frequently Asked Questions:
Q: What would the money be used for?
A: The funds raised from the bond issue could only be used to purchase and improve the approximately 34-acre parcel commonly known as the “McDonald’s Soccer Fields,” which is currently owned by McDonald’s Corporation. The Park District is asking voters to consider the measure because its surveys show that the community views the open space preservation of this specific parcel as a high priority, and the Park District does not have funds available to purchase the property without the voter-approved bonds.
The Oak Brook Park District outperforms national and local averages in every recreational facility and parkland category, with the exception of residents per park site. The Oak Brook Park District has more residents per park than other similarly sized communities. By acquiring this land, Oak Brook would improve the community’s resident per park site ratio and keep pace with national trends in this “quality of life” category.
Q. Why is the Park District asking residents to vote on this referendum?
A. Earlier this year, in addition to reviewing community-wide interest surveys, Oak Brook Park District met with focus groups to listen to what the community wanted. The clear answer from residents was that you wanted the Park District to try to acquire this 34-acres of land next to Central Park -- one of the last remaining parcels of open space in Oak Brook. If the referendum passes, the Park District would be able to acquire this land.
Potential commercial or residential development on this site is probable if the referendum does not pass.
The Oak Brook community values a high quality of life, which is often reflected in having open space accessible to all. Highly-desirable communities offer public open space for activities that correlate to wellness.
Q: What is the tax impact if voters approve the referendum?
A: Passage of the referendum would affect a tax increase for Oak Brook Park District property owners. The approximate cost to the owner of a $1 million home would be $266 per year. If your home value is less, the tax would be less, and if it is more, the tax would be more. The bond issue would be repaid over a customary period of 20 years.
Q: What would you do with the land?
A: If the measure is approved, the Park District would promptly issue the bonds to purchase the land. Once acquired, the land would be maintained as open recreational space.
Following the purchase, the Park District would execute the improvements necessary to ensure that recreational use residents have indicated is a priority can safely resume on the property:
- Inspect and resume maintenance of the walking paths
- Inspect and resume maintenance of the existing athletic fields
- Reopen recreational opportunities at the existing athletic fields
After completing the maintenance and improvements needed to ensure safe recreational use, the Park District would rely on community input to determine, prioritize, and budget any future improvements to the land.
Ongoing maintenance, including mowing, turf care, field striping, waste removal, etc., would be supported by the Oak Brook Park District’s current operating budget.
Q. How can I find out more?
A. Check back frequently. If you’re on social media, you can also follow OBPARKS on Facebook, Instagram and Twitter to stay updated on the latest developments. If you have specific questions, please contact Executive Director, Laure Kosey, at email@example.com.