Bartlesville City Council approves $600K economic development fund allocation for local businesses

The Bartlesville City Council convened on May 5, 2025, to discuss key economic development initiatives that promise to shape the community's future. A significant highlight of the meeting was the approval of the annual budget for the economic development fund, which reflects the city’s commitment to fostering local growth and job creation.

During the meeting, council members expressed their gratitude to David, a long-serving city official, for his contributions to Bartlesville's economic landscape. His leadership over the past 14 years has been pivotal in attracting businesses and creating job opportunities, enhancing the quality of life for residents. The council acknowledged that his efforts have laid a strong foundation for future developments, ensuring a smooth transition to new leadership.

In addition to the budget approval, the council also ratified an economic development agreement with the Bartlesville Development Authority (BDA) for the upcoming fiscal year. This agreement, which has been a longstanding partnership, will continue to support initiatives aimed at stimulating local economic activity.

Another key decision made during the meeting was the recommendation to allocate $600,000 from the economic development fund to Paxtera LLC and Metal Good Manufacturing. This funding will assist in the purchase and renovation of a property on West Eighth Street, which is expected to create 40 new jobs in the area. This investment underscores the city’s proactive approach to economic growth and job creation, directly benefiting the community.

As Bartlesville looks ahead, the council's decisions reflect a strategic focus on enhancing local employment opportunities and supporting businesses that contribute to the city's vibrancy. The outcomes of this meeting are expected to play a crucial role in shaping the economic landscape of Bartlesville in the coming years.