Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • New SFT Rules for Demat and Mutual Fund Transactions: What Every Investor and Trader Should Know
    • New UPI MDR rules: Will mutual fund SIPs, FDs and stock investments cost more? – Money News
    • $1 Million in These 3 ETFs Pays More Than $100,000 a Year Without Touching Principal
    • 5 Monthly Dividend ETFs Paying 8 to 14 Percent for the Fourth Quarter of 2026
    • ULIP & Mutual Fund in 2026: Features, Lock-In and How These Plans Work
    • As Fed raises rates, income investors can buy these bonds for solid yields and a portfolio cushion
    • Bitcoin ETFs Could Triple Gold Counterparts As Asset Matures: Expert
    • Godrej Wealth plans to enter asset management business next year
    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

    As Fed raises rates, income investors can buy these bonds for solid yields and a portfolio cushion

    September 17, 2026

    The Bank of England is shaking up its bond sales – why does it matter? | Quantitative easing

    September 17, 2026

    Bank of England holds interest rates at 3.75% but warns war could force future rises | Interest rates

    September 17, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Innovator ETFs® Announces Liquidation of an Exchange-Traded Fund

    September 16, 2026

    New SFT Rules for Demat and Mutual Fund Transactions: What Every Investor and Trader Should Know

    September 18, 2026

    The Bank of England is shaking up its bond sales – why does it matter? | Quantitative easing

    September 17, 2026

    5 Monthly Dividend ETFs Paying 8 to 14 Percent for the Fourth Quarter of 2026

    September 17, 2026
    Don't Miss
    Mutual Funds

    New SFT Rules for Demat and Mutual Fund Transactions: What Every Investor and Trader Should Know

    September 18, 2026

    The CBDT has introduced new Statement of Financial Transactions (SFT) rules for demat and mutual…

    New UPI MDR rules: Will mutual fund SIPs, FDs and stock investments cost more? – Money News

    September 17, 2026

    $1 Million in These 3 ETFs Pays More Than $100,000 a Year Without Touching Principal

    September 17, 2026

    5 Monthly Dividend ETFs Paying 8 to 14 Percent for the Fourth Quarter of 2026

    September 17, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Accord trouvé: Natixis et Generali vont créer un géant de la gestion d’actifs

    January 20, 2025

    The Best Large-Value Funds and ETFs to Buy

    December 16, 2025

    2 Vanguard ETFs That Can Be Cash-Generating Machines for Your Portfolio for Years to Come

    October 17, 2025
    Our Picks

    New SFT Rules for Demat and Mutual Fund Transactions: What Every Investor and Trader Should Know

    September 18, 2026

    New UPI MDR rules: Will mutual fund SIPs, FDs and stock investments cost more? – Money News

    September 17, 2026

    $1 Million in These 3 ETFs Pays More Than $100,000 a Year Without Touching Principal

    September 17, 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.