The Oakley Town Hall once served as the place of worship for the local Latter-day Saints. In the summer of 1901, the Mormon community pulled together to raise the necessary money and build this chapel. Plays were performed, daughters and mothers made quilts for auction, and community dinners were cooked and served by those who, afterwards, paid to eat the meals. Locals built this brick structure between their daily chores. “All summer, what work was done on my farm was done before 8:00 a.m. or after 5:00 p.m. I was accustomed to hard work, but that was the hardest year of my life,” wrote church counselor John H. Seymour. Central heating was finally added to the building in the 1930s. Prior to that, a pot bellied stove in one corner provided ample hear for those sitting close by, but none whatsoever for those on the other side of the room. In the 1940s, an addition was built to provide a larger chapel and more classrooms; the old church became the recreation hall. By the 1970s, the community had grown too big for the small church and a new building was constructed in nearby Marion. Lawrence Wall bought this building and eventually rented it out as a home.
In the early 1980s, the town of Oakley, in need of a city hall, purchased the building and remodeled the interior. The exterior was stuccoed and the old roof replaced. The old bell tower was refurbished and encased in copper. An original bell from the Oakley school was donated to the city and now hangs in the tower.