Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Direct Vs Regular Mutual Funds: What To Choose
    • Why can money market funds make sense when rates are rising?
    • To You Who Think ETFs Are Boring|トシ|世を忍ぶFIREおっさん
    • Muni Bonds Face Many Post-Election Possibilities
    • The ‘Real Reason’ Why You Can’t Buy Individual Government Bonds in NISA|中島武信(日銀出身、東大数学博士)
    • AWSHX – American Funds Washington Mutual Investors Fund Class A NAV & Performance
    • 3 Technology Mutual Funds for Fantastic Returns
    • From Managing Investment Portfolios To Leading A Mutual Fund Business, Ashutosh Bhargava Takes Charge As Neo Mutual Fund CEO After His Nippon India Stint
    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

    Muni Bonds Face Many Post-Election Possibilities

    November 9, 2026

    The ‘Real Reason’ Why You Can’t Buy Individual Government Bonds in NISA|中島武信(日銀出身、東大数学博士)

    November 9, 2026

    His Paper Savings Bonds Can Be Converted Into Electronic Ones, So They Can’t Be Lost in a Drawer or a Move

    November 9, 2026
    Leave A Reply Cancel Reply

    Top Posts

    AAETX – American Funds 2030 Target Date Retirement Fund® Class A NAV & Performance

    May 7, 2026

    To You Who Think ETFs Are Boring|トシ|世を忍ぶFIREおっさん

    November 10, 2026

    Custodian REIT acquires £11m portfolio from syndicated investment vehicles

    November 9, 2026

    Direct Vs Regular Mutual Funds: What To Choose

    November 10, 2026
    Don't Miss
    Mutual Funds

    Direct Vs Regular Mutual Funds: What To Choose

    November 10, 2026

    Young investors with long horizons and small investment amounts stand to benefit most from choosing…

    Why can money market funds make sense when rates are rising?

    November 10, 2026

    To You Who Think ETFs Are Boring|トシ|世を忍ぶFIREおっさん

    November 10, 2026

    Muni Bonds Face Many Post-Election Possibilities

    November 9, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Active Funds Fail to Beat Passive Peers in 2025

    February 19, 2026

    Finance For Food S.p.A. acquiert 29 % supplémentaires de D&P Srl auprès d’Aldebaran Investments

    June 13, 2025

    Find BlackRock funds and ETFs

    May 6, 2026
    Our Picks

    Direct Vs Regular Mutual Funds: What To Choose

    November 10, 2026

    Why can money market funds make sense when rates are rising?

    November 10, 2026

    To You Who Think ETFs Are Boring|トシ|世を忍ぶFIREおっさん

    November 10, 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.