Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Multi-Asset vs Flexi-Cap Funds: Risk, returns, tax—5 key differences to know
    • He Retired With No Paycheck and Planned His Roth Conversion Around an Empty Tax Bracket. In December, His Mutual Funds Filled It.
    • Mid-cap funds are hot with investors. What’s driving the rush and should you invest now? Here’s what fund managers say
    • Large & mid-cap mutual funds vs separate portfolio split: How do their returns compare over 1, 3 and 5 years?
    • Why mutual fund investors often earn less than the fund’s reported return
    • CI Global Asset Management Launches Global Small/Mid-Cap and International Growth Equity Mandates, Providing New Diversification Options for Mutual Fund and ETF Investors
    • US treasury secretary hails government’s bond buyback a success | US economy
    • US treasury secretary hails government’s buy back of bonds a success | US economy
    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

    US treasury secretary hails government’s buy back of bonds a success | US economy

    September 15, 2026

    US treasury secretary hails government’s bond buyback a success | US economy

    September 15, 2026

    Wynn Macau Ltd lowers conversion price of US$600 million convertible bonds after interim dividend declaration – IAG

    September 15, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Multi-Asset vs Flexi-Cap Funds: Risk, returns, tax—5 key differences to know

    September 16, 2026

    10 Funds That Are Thriving During the Rotation Out of Tech Stocks

    August 15, 2024

    He Retired With No Paycheck and Planned His Roth Conversion Around an Empty Tax Bracket. In December, His Mutual Funds Filled It.

    September 16, 2026

    What is an index fund?

    March 11, 2026
    Don't Miss
    Mutual Funds

    Multi-Asset vs Flexi-Cap Funds: Risk, returns, tax—5 key differences to know

    September 16, 2026

    Multi-Asset vs Flexi-Cap Funds: Multi-asset allocation funds and flexi-cap funds follow different investment strategies, experts…

    He Retired With No Paycheck and Planned His Roth Conversion Around an Empty Tax Bracket. In December, His Mutual Funds Filled It.

    September 16, 2026

    Mid-cap funds are hot with investors. What’s driving the rush and should you invest now? Here’s what fund managers say

    September 16, 2026

    Large & mid-cap mutual funds vs separate portfolio split: How do their returns compare over 1, 3 and 5 years?

    September 15, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Cryptocurrencies fall on day 1 of ether ETFs as Mt. Gox moves more bitcoin to creditors – NBC 6 South Florida

    July 23, 2024

    Indulge in Premium Sips and Savors at Platinum Wine Vault Luxury Tasting on September 20

    August 27, 2024

    Akasa Air completes strategic investments; Premji Invest, 360 ONE Asset, Claypond now on board

    August 19, 2025
    Our Picks

    Multi-Asset vs Flexi-Cap Funds: Risk, returns, tax—5 key differences to know

    September 16, 2026

    He Retired With No Paycheck and Planned His Roth Conversion Around an Empty Tax Bracket. In December, His Mutual Funds Filled It.

    September 16, 2026

    Mid-cap funds are hot with investors. What’s driving the rush and should you invest now? Here’s what fund managers say

    September 16, 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.