Boyett Petroleum breathes new life into MCI office
Oakdale Leader
Last updated: October 29, 2026
Boyett Petroleum is revitalizing the former MCI office building. This initiative involves a partnership with the City Council through an Economic Incentive Agreement.
- The agreement outlines a profit-sharing arrangement where a percentage of Boyett Petroleum's profits will be remitted to the City of Riverbank. This financial contribution is designated for a defined duration. The specific percentage of profits and the exact timeframe of the agreement were not detailed. The Economic Incentive Agreement aims to foster local economic development and revenue generation for the city. Boyett Petroleum's involvement signifies a commitment to the Riverbank community, promising to inject economic activity into the area. The revitalization of the MCI office building is expected to create new opportunities and contribute positively to the local business landscape. This collaborative effort between a private company and municipal government underscores a shared goal of economic enhancement and urban renewal. The focus is on creating a sustainable economic benefit for the city through this partnership.
