Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Investors Pull $643 Million From Bitcoin ETFs After the Biggest Crypto Hack in History
    • Spot Bitcoin ETFs shed $643 million in a day as Ethereum funds lose $156 million
    • SEBI makes direct mutual fund plans default, pushes transparency on costs and commissions
    • Is Vanguard Small-Cap Growth Index Admiral (VSGAX) a Strong Mutual Fund Pick Right Now?
    • RBC Global Asset Management Inc. announces October 2026 cash distributions for ETF Series of RBC Funds
    • Crypto ETFs Already Go Far Beyond Bitcoin. The SEC Wants to Know If Its Rules Have Kept Up
    • Over 63% of retail mutual fund AUM is in regular plans: Why is SEBI pushing direct plans? Experts explain pros and cons
    • 5,500 ETFs and Counting: Where the Market Goes Next
    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

    Treasury Bonds vs. Corporate Bonds: Breaking Down VGIT and VCIT

    October 30, 2026

    Notice on public offering of subordinated bonds of Inbank

    October 29, 2026

    If you buy corporate bonds, how much will your money grow? I looked into real-world examples of 4% range in yen and 6% range in US dollars

    October 29, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Investors Pull $643 Million From Bitcoin ETFs After the Biggest Crypto Hack in History

    October 31, 2026

    Spot Bitcoin ETFs shed $643 million in a day as Ethereum funds lose $156 million

    October 30, 2026

    Flexi-cap mutual funds: Only 4 out of 37 funds delivered 8%+ SIP returns in 3 years. How did your fund perform?

    October 22, 2026

    Single-Stock ETFs Explained: The Fastest-Growing — and Riskiest — Corner of the ETF Market

    August 3, 2026
    Don't Miss
    ETFs

    Investors Pull $643 Million From Bitcoin ETFs After the Biggest Crypto Hack in History

    October 31, 2026

    Investors pulled $643.33 million from US spot Bitcoin ETFs on October 30, according to SoSoValue…

    Spot Bitcoin ETFs shed $643 million in a day as Ethereum funds lose $156 million

    October 30, 2026

    SEBI makes direct mutual fund plans default, pushes transparency on costs and commissions

    October 30, 2026

    Is Vanguard Small-Cap Growth Index Admiral (VSGAX) a Strong Mutual Fund Pick Right Now?

    October 30, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    How to move investments to another platform, or gift them to friends and family

    August 20, 2022

    SEBI proposes cuts to mutual fund expense ratios to boost transparency

    October 28, 2025

    Abu Dhabi bonds mandates dual tranche USD bonds; books over $10bln

    September 25, 2025
    Our Picks

    Investors Pull $643 Million From Bitcoin ETFs After the Biggest Crypto Hack in History

    October 31, 2026

    Spot Bitcoin ETFs shed $643 million in a day as Ethereum funds lose $156 million

    October 30, 2026

    SEBI makes direct mutual fund plans default, pushes transparency on costs and commissions

    October 30, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    🇮🇸 CPP Investments and Equinix complete atNorth acquisition to support growth of leading Nordic data center platform

    September 1, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

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