Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Is Morgan Stanley Inst Discovery I (MPEGX) a Strong Mutual Fund Pick Right Now?
    • 3 Hotchkis & Wiley Mutual Funds for Value-Oriented Returns
    • Old mutual fund folio forgotten? Here’s how nominees and families can trace unclaimed investments
    • Same fund, same manager but different returns: The 1% effect!
    • Mutual Funds on Groww Can Now Be Held In Demat: Benefits, Process, Charges And FAQs | Savings and Investments News
    • NEI Investments pairs Vanguard equity ETFs with its own active bond mandates
    • Is Fidelity Growth Discovery (FDSVX) a Strong Mutual Fund Pick Right Now?
    • Unlocking Investment Growth: How a SIP Calculator Can Maximize Your Returns, ETBFSI
    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

    Are you considering buying Premium Bonds? This is the best time to snap them up – and why I expect there’s good news on the way: SYLVIA MORRIS

    October 13, 2026

    Kvika banki hf.: Results of inaugural auction of covered bonds

    October 13, 2026

    Sovereign bonds: Opportunity at what cost?

    October 13, 2026
    Leave A Reply Cancel Reply

    Top Posts

    [For Beginners] What is Asset Allocation? Why You Should Think About Stocks, Bonds, and Cash Before ‘Product Names’

    October 13, 2026

    Is Morgan Stanley Inst Discovery I (MPEGX) a Strong Mutual Fund Pick Right Now?

    October 14, 2026

    60/40 is not dead: role of bonds remains but careful thought is needed

    October 13, 2026

    3 Hotchkis & Wiley Mutual Funds for Value-Oriented Returns

    October 14, 2026
    Don't Miss
    Mutual Funds

    Is Morgan Stanley Inst Discovery I (MPEGX) a Strong Mutual Fund Pick Right Now?

    October 14, 2026

    Having trouble finding a Mid Cap Growth fund? Morgan Stanley Inst Discovery I (MPEGX) is…

    3 Hotchkis & Wiley Mutual Funds for Value-Oriented Returns

    October 14, 2026

    Old mutual fund folio forgotten? Here’s how nominees and families can trace unclaimed investments

    October 14, 2026

    Same fund, same manager but different returns: The 1% effect!

    October 14, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

     Can you really become a crorepati with mutual funds? Let’s find out!

    May 17, 2025

    Highest Historical Investment Returns: Stocks vs. Bonds Explained

    November 1, 2025

    Plans for multiple VA medical clinics remain stalled despite funding

    October 14, 2024
    Our Picks

    Is Morgan Stanley Inst Discovery I (MPEGX) a Strong Mutual Fund Pick Right Now?

    October 14, 2026

    3 Hotchkis & Wiley Mutual Funds for Value-Oriented Returns

    October 14, 2026

    Old mutual fund folio forgotten? Here’s how nominees and families can trace unclaimed investments

    October 14, 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.