Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Mutual fund portfolio for young investors: Is a 4-fund mix sufficient? – Money News
    • Unique investor additions by mutual funds hit 3-year low in April | Mutual Funds
    • Kopernik Global All-Cap Equity Fund’s Q1 2026 Investor Letter
    • 4 Dividend ETFs That Could Fund an $1,800-a-Month Golf Habit
    • Sectoral mutual funds lose sheen — Inflows & folio additions plunge as investors seek diversification – Mutual Funds News
    • These multi-cap mutual funds have delivered up to 21% five-year returns
    • AllianceBernstein launches two active equity ETFs
    • Best ELSS funds in 2026: Motilal Oswal, SBI, or Quant — who topped 3- and 5-year return charts? – Mutual Funds News
    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

    Premium Bonds provider NS&I sending letters to 37,500 households from this week

    May 28, 2026

    Banco Santander and NatWest sell record AT1 bonds with 10-year calls, locking in cheap capital

    May 28, 2026

    Corporate bond sales cross the Sh100 billion mark for first time

    May 27, 2026
    Leave A Reply Cancel Reply

    Top Posts

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

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

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

    November 19, 2023

    Mutual fund portfolio for young investors: Is a 4-fund mix sufficient? – Money News

    May 30, 2026
    Don't Miss
    Mutual Funds

    Mutual fund portfolio for young investors: Is a 4-fund mix sufficient? – Money News

    May 30, 2026

    Getting started with mutual fund investing often happens organically. After landing a job, you start…

    Unique investor additions by mutual funds hit 3-year low in April | Mutual Funds

    May 29, 2026

    Kopernik Global All-Cap Equity Fund’s Q1 2026 Investor Letter

    May 29, 2026

    4 Dividend ETFs That Could Fund an $1,800-a-Month Golf Habit

    May 29, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Stocks, Bonds Fall as War Shows No Signs of Easing: Markets Wrap

    March 20, 2026

    Best ESG ETFs to Buy in 2026

    May 2, 2026

    Bitcoin (BTC) News Today: US BTC-Spot ETFs and Fed Rate Cut Bets Drive Market

    July 13, 2024
    Our Picks

    Mutual fund portfolio for young investors: Is a 4-fund mix sufficient? – Money News

    May 30, 2026

    Unique investor additions by mutual funds hit 3-year low in April | Mutual Funds

    May 29, 2026

    Kopernik Global All-Cap Equity Fund’s Q1 2026 Investor Letter

    May 29, 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

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

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