Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • BSE stock rally: These mutual funds have the highest allocation to the exchange
    • # [Too Embarrassed to Ask] Is Your Investment Actually Okay? Part 1: Mutual Funds and ETFs Are Actually the Same Family|森の猫
    • UPI MDR on mutual funds: Experts explain how investors could bear the charge and its impact on returns
    • Kosdaq active ETFs surge up to 20% in a month, outpacing index
    • Bond yields are rising. Where are debt fund investors putting their money now? – Money News
    • What matters more than a ₹1 lakh SIP? Wealthy.in’s Aditya Agarwal explains
    • Investigating the Accounting Treatment of Unrealized Losses on Yen Bonds from the FY2026 Financial Results of The Keiyo Bank, Ltd. (8544)|drew
    • I investigated the accounting treatment of unrealized losses on yen-denominated bonds from Keiyo Bank’s financial results for the fiscal year ending March 2026
    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

    Investigating the Accounting Treatment of Unrealized Losses on Yen Bonds from the FY2026 Financial Results of The Keiyo Bank, Ltd. (8544)|drew

    September 22, 2026

    I investigated the accounting treatment of unrealized losses on yen-denominated bonds from Keiyo Bank’s financial results for the fiscal year ending March 2026

    September 21, 2026

    SP Group bonds offered at premium on Tata Sons stake-sale plan, bankers say

    September 21, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Kosdaq active ETFs surge up to 20% in a month, outpacing index

    September 22, 2026

    What matters more than a ₹1 lakh SIP? Wealthy.in’s Aditya Agarwal explains

    September 22, 2026

    BSE stock rally: These mutual funds have the highest allocation to the exchange

    September 22, 2026

    Investigating the Accounting Treatment of Unrealized Losses on Yen Bonds from the FY2026 Financial Results of The Keiyo Bank, Ltd. (8544)|drew

    September 22, 2026
    Don't Miss
    Mutual Funds

    BSE stock rally: These mutual funds have the highest allocation to the exchange

    September 22, 2026

    BSE Ltd is in focus ahead of the proposed listing of NSE, with the exchange…

    # [Too Embarrassed to Ask] Is Your Investment Actually Okay? Part 1: Mutual Funds and ETFs Are Actually the Same Family|森の猫

    September 22, 2026

    UPI MDR on mutual funds: Experts explain how investors could bear the charge and its impact on returns

    September 22, 2026

    Kosdaq active ETFs surge up to 20% in a month, outpacing index

    September 22, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    How Sorin Investments Built An INR 1,350 Cr Early Stage Fund In The Micro VC Age

    May 8, 2025

    Mutual Funds hit all-time high net inflows of ₹85.75 lakh crore in July 2026: Report

    August 13, 2026

    10 Best Inflation-Proof Investments in 2026

    September 4, 2026
    Our Picks

    BSE stock rally: These mutual funds have the highest allocation to the exchange

    September 22, 2026

    # [Too Embarrassed to Ask] Is Your Investment Actually Okay? Part 1: Mutual Funds and ETFs Are Actually the Same Family|森の猫

    September 22, 2026

    UPI MDR on mutual funds: Experts explain how investors could bear the charge and its impact on returns

    September 22, 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.