Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • [How Money Works] Are government bonds only for the wealthy? How ‘bonds’ work, allowing you to lend money to the government starting from 10,000 yen
    • Individual Government Bonds are becoming ‘Individual Government Bonds Plus’! What happens to the bonds you currently hold? A simple explanation of what is changing and what is not
    • Short-duration vs long-duration debt mutual funds: Where should you invest as interest rates are expected to rise now?
    • Days and Procedures from Mutual Fund Redemption to Deposit: A Practical Note on Calculating Backwards from Deadlines|Enkatsuチャンネル
    • Is Vanguard LifeStrategy Income Fund (VASIX) a Strong Mutual Fund Pick Right Now?
    • Hamilton ETFs Launches Two Treasury Bill ETFs
    • Marquee issuers raise ₹9.7K cr via bonds; PFC accounts for ₹5,941 cr | Finance News
    • Investment Steps for Beginners to Move Smoothly from Core Mutual Funds to Fractional Shares|コロ
    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

    [How Money Works] Are government bonds only for the wealthy? How ‘bonds’ work, allowing you to lend money to the government starting from 10,000 yen

    November 13, 2026

    Individual Government Bonds are becoming ‘Individual Government Bonds Plus’! What happens to the bonds you currently hold? A simple explanation of what is changing and what is not

    November 13, 2026

    Marquee issuers raise ₹9.7K cr via bonds; PFC accounts for ₹5,941 cr | Finance News

    November 13, 2026
    Leave A Reply Cancel Reply

    Top Posts

    LNG investments: Legal warning from environmental group

    November 11, 2026

    Marquee issuers raise ₹9.7K cr via bonds; PFC accounts for ₹5,941 cr | Finance News

    November 13, 2026

    [How Money Works] Are government bonds only for the wealthy? How ‘bonds’ work, allowing you to lend money to the government starting from 10,000 yen

    November 13, 2026

    Options ETFs- What You Need to Know About These Wildly Popular Funds

    November 12, 2026
    Don't Miss
    Bonds

    [How Money Works] Are government bonds only for the wealthy? How ‘bonds’ work, allowing you to lend money to the government starting from 10,000 yen

    November 13, 2026

    We explain how money works through a 1-minute video and text. Today’s topic is ‘What…

    Individual Government Bonds are becoming ‘Individual Government Bonds Plus’! What happens to the bonds you currently hold? A simple explanation of what is changing and what is not

    November 13, 2026

    Short-duration vs long-duration debt mutual funds: Where should you invest as interest rates are expected to rise now?

    November 13, 2026

    Days and Procedures from Mutual Fund Redemption to Deposit: A Practical Note on Calculating Backwards from Deadlines|Enkatsuチャンネル

    November 13, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    2 Brilliant ETFs to Buy Now Before They Soar

    February 15, 2025

    Myer and Premier Investments shareholders approve deal to buy Just Jeans, Dotti

    January 22, 2025

    Masdar raises US$1 billion for new renewable power projects

    July 22, 2024
    Our Picks

    [How Money Works] Are government bonds only for the wealthy? How ‘bonds’ work, allowing you to lend money to the government starting from 10,000 yen

    November 13, 2026

    Individual Government Bonds are becoming ‘Individual Government Bonds Plus’! What happens to the bonds you currently hold? A simple explanation of what is changing and what is not

    November 13, 2026

    Short-duration vs long-duration debt mutual funds: Where should you invest as interest rates are expected to rise now?

    November 13, 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.