Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • PGIM MF caps SIP in global funds
    • HDFC Mutual Fund Restricts Lumpsum Inflows into Gold ETF and FoF
    • Small cap funds lead mutual fund performance; inflows hit one year high
    • Best AI ETFs: Top 10 Artificial Intelligence Funds for 2026
    • How to Start a Mutual Fund SIP Without Budgeting: Simple Auto-Save Trick
    • Investors rotate from cash into bonds and multi-asset funds
    • Top mid-cap index funds: 3 schemes with up to 17% SIP returns in 5 years – Mutual Funds News
    • Bitcoin price prediction: Here’s why Wall Street is dumping BTC ETFs
    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

    Investors rotate from cash into bonds and multi-asset funds

    June 4, 2026

    Fixed deposit investment: Should investors lock money in FDs offering 8% returns or consider bonds?

    June 3, 2026

    Investing in tax-free government bonds: What you need to know

    June 3, 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

    PGIM MF caps SIP in global funds

    June 4, 2026

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

    November 19, 2023
    Don't Miss
    Mutual Funds

    PGIM MF caps SIP in global funds

    June 4, 2026

    In 2022, SEBI has permitted MFs to accept subscriptions and invest in overseas funds/securities up…

    HDFC Mutual Fund Restricts Lumpsum Inflows into Gold ETF and FoF

    June 4, 2026

    Small cap funds lead mutual fund performance; inflows hit one year high

    June 4, 2026

    Best AI ETFs: Top 10 Artificial Intelligence Funds for 2026

    June 4, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Rethinking property investment in a faltering buy-to-let market

    September 17, 2024

    Why the Smoky Mountains Are a Top Choice for Affordable Cabin Investments

    February 10, 2025

    Four lucky Premium Bonds holders win £100,000 each on their first draw

    February 4, 2026
    Our Picks

    PGIM MF caps SIP in global funds

    June 4, 2026

    HDFC Mutual Fund Restricts Lumpsum Inflows into Gold ETF and FoF

    June 4, 2026

    Small cap funds lead mutual fund performance; inflows hit one year high

    June 4, 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.