Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Mirae Asset Mutual Fund announces launch of hybrid long-short fund under Platinum SIF
    • Age-wise mutual fund investing: How much is enough in your 20s, 30s and 40s? – mutual fund News
    • Mutual funds raise cash holdings by Rs 12,700 crore despite market rebound in April
    • Invesco Mutual Fund halts fresh inflows into three international FoFs
    • Premium Bonds prize rate to rise from July as NS&I also improves odds of winning
    • Mirae Asset launches Platinum Hybrid Long-Short Fund under SIF platform, NFO opens May 20 for conservative investors seeking stable, risk adjusted returns
    • SEBI proposes to allow intraday borrowing by mutual funds for purposes other than redemption/ payouts – Market News
    • Bitcoin ETFs Hit Worst Day in Months, But This Coin Stays Green
    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 prize rate to rise from July as NS&I also improves odds of winning

    May 14, 2026

    JPMorgan warns stocks, bonds ‘no longer enough’ amid Middle East conflict

    May 13, 2026

    ‘There’s a risk of another Liz Truss moment’: City raises spectre of bond market meltdown again | Government borrowing

    May 13, 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

    Bitcoin ETFs Hit Worst Day in Months, But This Coin Stays Green

    May 13, 2026
    Don't Miss
    Mutual Funds

    Mirae Asset Mutual Fund announces launch of hybrid long-short fund under Platinum SIF

    May 14, 2026

    Mirae Asset Mutual Fund announced the launch of a hybrid long-short fund under Platinum SIF.…

    Age-wise mutual fund investing: How much is enough in your 20s, 30s and 40s? – mutual fund News

    May 14, 2026

    Mutual funds raise cash holdings by Rs 12,700 crore despite market rebound in April

    May 14, 2026

    Invesco Mutual Fund halts fresh inflows into three international FoFs

    May 14, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Hindenburg report alleges SEBI chief held investments in offshore funds used in Adani scandal

    August 10, 2024

    ETFs tracking Saudi stocks debut in Chinese mainland as financial opening-up deepens

    July 17, 2024

    BOP Realty’s Gaurav Mavi Commends New LTCG Tax Amendment for Boosting Real Estate Investments

    August 24, 2024
    Our Picks

    Mirae Asset Mutual Fund announces launch of hybrid long-short fund under Platinum SIF

    May 14, 2026

    Age-wise mutual fund investing: How much is enough in your 20s, 30s and 40s? – mutual fund News

    May 14, 2026

    Mutual funds raise cash holdings by Rs 12,700 crore despite market rebound in April

    May 14, 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.