Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Is Vanguard Small-Cap Value Index Admiral (VSIAX) a Strong Mutual Fund Pick Right Now?
    • SIP Returns: How to deal with 2 years of poor performance in equity mutual funds
    • High-Dividend Stock Mutual Funds: Growing Dividends and Rising Stock Prices|タカマル@FP|ITリーマンのインデックス投資
    • WhiteOak Capital MF launches its first fund of funds focused on small-cap equities
    • Active ETFS reshape how advisors build portfolios
    • Banks target £4B in junk bonds and loans to finance DCC Energy buyout
    • ETFs come of age – InvestmentNews
    • Bitcoin ETFs accumulate $2B this week amid price rejection at $87K
    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

    Banks target £4B in junk bonds and loans to finance DCC Energy buyout

    September 24, 2026

    Moving 21 Million Yen from Individual Government Bonds to 3 Dividend-Growth Stocks: The Complete Step-by-Step Guide to Doubling Annual Interest from 420,000 Yen to 840,000 Yen in Dividends (September 2026 Edition)

    September 23, 2026

    The Fed Just Made Short-Term Bonds More Attractive

    September 23, 2026
    Leave A Reply Cancel Reply

    Top Posts

    What are bonds and how do they work?

    September 13, 2016

    Are investors ready for the commercial property pivot?

    September 23, 2026

    The Fed Just Made Short-Term Bonds More Attractive

    September 23, 2026

    Active ETFS reshape how advisors build portfolios

    September 24, 2026
    Don't Miss
    Mutual Funds

    Is Vanguard Small-Cap Value Index Admiral (VSIAX) a Strong Mutual Fund Pick Right Now?

    September 24, 2026

    If you’ve been stuck searching for Small Cap Value funds, consider Vanguard Small-Cap Value Index…

    SIP Returns: How to deal with 2 years of poor performance in equity mutual funds

    September 24, 2026

    High-Dividend Stock Mutual Funds: Growing Dividends and Rising Stock Prices|タカマル@FP|ITリーマンのインデックス投資

    September 24, 2026

    WhiteOak Capital MF launches its first fund of funds focused on small-cap equities

    September 24, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    SMART Global Holdings Receives $200M Investment from SKT for AI Data Center Expansion

    July 16, 2024

    Bitcoin ETFs Notch $457M Haul, Third-Largest Since October

    December 18, 2025

    Bitcoin and gold ETFs attract $7B amid fiscal concerns: Bloomberg

    August 26, 2026
    Our Picks

    Is Vanguard Small-Cap Value Index Admiral (VSIAX) a Strong Mutual Fund Pick Right Now?

    September 24, 2026

    SIP Returns: How to deal with 2 years of poor performance in equity mutual funds

    September 24, 2026

    High-Dividend Stock Mutual Funds: Growing Dividends and Rising Stock Prices|タカマル@FP|ITリーマンのインデックス投資

    September 24, 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.