Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Equity fund inflows jump 19% in August; mid- and small-cap funds investor favourites – Mutual Funds News
    • Can You Make Your Child A Nominee For Your Mutual Fund Investments? Here’s What You Need To Know
    • ‘SIP book growth may moderate in the next 1-2 years,’ Q&A with Vetri Subramaniam, MD & CEO, UTI Mutual Fund – Business News
    • FASB updates fair value reporting for mutual funds
    • 5 mutual funds bag five star rating: How Invesco, HSBC, Axis and ITI funds performed
    • ETFs Industry in Europe Reports Record Assets of US$ 3.97 Trillion and Record Year-to-Date Net Inflows of US$ 381.4 Billion at End of August 2026 according to new research report from ETFGI
    • Which ASX ETFs could be top picks for beginner investors?
    • Why Fixed-Income Titan Pimco Says It’s Time to Buy the Dip in Bonds
    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

    Why Fixed-Income Titan Pimco Says It’s Time to Buy the Dip in Bonds

    September 9, 2026

    Amazon Enters Sterling Credit Market for First Time With New Bonds – Update

    September 9, 2026

    Bonds Generated More Investor Income Than Stocks on Central Africa’s Exchange in 2025

    September 8, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Equity fund inflows jump 19% in August; mid- and small-cap funds investor favourites – Mutual Funds News

    September 10, 2026

    ETFs Industry in Europe Reports Record Assets of US$ 3.97 Trillion and Record Year-to-Date Net Inflows of US$ 381.4 Billion at End of August 2026 according to new research report from ETFGI

    September 9, 2026

    Which ASX ETFs could be top picks for beginner investors?

    September 9, 2026

    Can You Make Your Child A Nominee For Your Mutual Fund Investments? Here’s What You Need To Know

    September 10, 2026
    Don't Miss
    Mutual Funds

    Equity fund inflows jump 19% in August; mid- and small-cap funds investor favourites – Mutual Funds News

    September 10, 2026

    Net inflows into equity mutual funds saw a nearly 19% jump to Rs 29,329 crore…

    Can You Make Your Child A Nominee For Your Mutual Fund Investments? Here’s What You Need To Know

    September 10, 2026

    ‘SIP book growth may moderate in the next 1-2 years,’ Q&A with Vetri Subramaniam, MD & CEO, UTI Mutual Fund – Business News

    September 10, 2026

    FASB updates fair value reporting for mutual funds

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

    5 Best Real Estate Stocks in 2024

    August 21, 2024

    6G and AI investments driving new growth in global connectivity

    November 2, 2025

    Arkansas Game and Fish Commission funds school conservation programs

    August 16, 2024
    Our Picks

    Equity fund inflows jump 19% in August; mid- and small-cap funds investor favourites – Mutual Funds News

    September 10, 2026

    Can You Make Your Child A Nominee For Your Mutual Fund Investments? Here’s What You Need To Know

    September 10, 2026

    ‘SIP book growth may moderate in the next 1-2 years,’ Q&A with Vetri Subramaniam, MD & CEO, UTI Mutual Fund – Business News

    September 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.