Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • What’s driving the shift in his personal portfolio?
    • Un atelier d’écriture organisé à la médiathèque de Saint-André-les-Alpes pour le festival “Le long du Mississipi”
    • SEC flags concerns over crypto ETFs that offer staking rewards
    • 11 Mutual Fund Schemes Lost 10% to 22% Returns in 2025
    • 5 mutual funds that delivered the highest returns in a decade – Stock Insights News
    • SEC backtracks on REX-Osprey staked ETFs
    • Defence funds are exploding with 60% gains — too late to invest or just the beginning?
    • Stocks vs Mutual Funds: What’s the Smarter Bet for Long-Term Wealth?
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Bonds»Wright City officially issues Roelker Road bonds
    Bonds

    Wright City officially issues Roelker Road bonds

    October 13, 2024


    By Jack Underwood, Staff Writer

    Wright City’s plans to improve Roelker Road have taken another step toward completion. The Wright City Board of Aldermen approved the sale of $6.5 million in general obligation bonds at their Sept. 26 meeting. 

    Those bonds were sold on the morning of Sept. 26 pending final approval from the board that night. 

    As of Oct. 8 that sale was final and the bonds were available for purchase by investment banks and any other prospective buyers of the municipal bonds. 

    Those bonds were approved by the voters during the April 2 election and the lengthy process to make those funds available to the city has come to an end. 

    The city is working with contractor Cochran Engineering to complete plans for the Roelker Road expansion, according to City Clerk Abbie Ogborn. The completed designs may be ready by the end of the month. 

    The project to expand Roelker Road comes in conjunction with the construction of the new Wright City High School which is expected to open next year. 

    Phase one of that project is currently being designed by Cochran Engineering and is supposed to expand the road to two lanes both north and south from just south of the railroad tracks to the south end of the high school property. 

    The plan will also add a left turn lane both north and south at the entrance to the high school, according to Ogborn. 

    The city hopes to go out for bid on that project in November and award that bid to a contractor by December. 

    As long as those deadlines are met, Ogborn said the project should still be done by its projected May 2025 completion date. 

    “That’s our expectation,” said Ogborn. 

    There will also be a second phase of the project that will include further improvements to Roelker Road, but Ogborn said Cochran is still in the process of designing those plans. 

    Per the language of the bond issue when it was passed, the $6.5 million in funds is to be dedicated to road improvements in Wright City, specifically to Roelker Road. 

    There is however, a provision that any left over funds following the completion of the Roelker Road project can be allocated to other road improvements in the city. 

    Ogborn said it was unclear at this time whether there would be any leftover funds but said that if there are, decisions will be made about those funds when they become available for other projects.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    BofA signale la plus grande sortie d’actions de 2025 avec 9,5 milliards $ retirés

    May 30, 2025

    Metaplanet émet de nouvelles obligations à acheter Bitcoin, maintenant 78% vers 2025 objectif

    May 28, 2025

    Taux : les T-Bonds reperdent leurs gains du début de semaine

    May 28, 2025
    Leave A Reply Cancel Reply

    Top Posts

    SEC flags concerns over crypto ETFs that offer staking rewards

    June 1, 2025

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023

    The Evolution of Art and Art Investments: A Historical Perspective on Fruitful Returns and Wealth Management

    August 21, 2023
    Don't Miss
    Mutual Funds

    What’s driving the shift in his personal portfolio?

    June 1, 2025

    In this interaction with Mint for the ‘Guru Portfolio series’, Thakkar shares how he manages…

    Un atelier d’écriture organisé à la médiathèque de Saint-André-les-Alpes pour le festival “Le long du Mississipi”

    June 1, 2025

    SEC flags concerns over crypto ETFs that offer staking rewards

    June 1, 2025

    11 Mutual Fund Schemes Lost 10% to 22% Returns in 2025

    May 31, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    US Department of Energy funds more battery research

    August 12, 2024

    Tokyo Cuts Bond Issuance Plan in Sign of Interest-Rate Jitters

    August 13, 2024

    Mirae Asset expands investment opportunities with new ETFs and Fund of Funds

    February 24, 2025
    Our Picks

    What’s driving the shift in his personal portfolio?

    June 1, 2025

    Un atelier d’écriture organisé à la médiathèque de Saint-André-les-Alpes pour le festival “Le long du Mississipi”

    June 1, 2025

    SEC flags concerns over crypto ETFs that offer staking rewards

    June 1, 2025
    Most Popular

    ₹1 lakh investment in these 2 ELSS mutual funds at launch would have grown to over ₹5 lakh. Check details

    April 25, 2025

    ZIG, BUZZ, NANC, and KRUZ

    October 11, 2024

    Zerodha’s Nithin Kamath And Capital Minds’ Deepak Shenoy On Why ETFs Are Preferred In US

    February 20, 2025
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.