Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Machine Learning Can’t Pick Winning Funds. But It Can Help You Avoid Losers
    • Megacap IPOs Trigger Fund Portfolio Shifts
    • This mutual fund lets you buy SpaceX stock before the IPO – but what are you actually getting?
    • Why Asset Allocation Matters More Than Fund Selection
    • Customizing Your Fixed-Income Allocation With ETFs and Mutual Funds
    • Best SBI mutual fund with up to 32% CAGR: Scheme doubled money in 3 years, tripled it in 5 – Mutual Funds News
    • Top 5 Flexi Cap Mutual Funds Based on Risk-Adjusted Returns – Money Insights News
    • Corporate bond sales cross the Sh100 billion mark for first time
    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

    Corporate bond sales cross the Sh100 billion mark for first time

    May 27, 2026

    CDB bonds flagged by CSE after audit report

    May 26, 2026

    NS&I failures pile on the agony for bereaved families chasing missing premium bonds | Savings

    May 25, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    Machine Learning Can’t Pick Winning Funds. But It Can Help You Avoid Losers

    May 28, 2026

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    Machine Learning Can’t Pick Winning Funds. But It Can Help You Avoid Losers

    May 28, 2026

    In recent years, machine learning has been touted as a game changer for investment management.…

    Megacap IPOs Trigger Fund Portfolio Shifts

    May 27, 2026

    This mutual fund lets you buy SpaceX stock before the IPO – but what are you actually getting?

    May 27, 2026

    Why Asset Allocation Matters More Than Fund Selection

    May 27, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Institutional appetite for BTC ETFs pushes Bitcoin toward record high 

    August 11, 2025

    ITEN et l’IME de l’A*STAR annoncent une avancée majeure dans l’intégration des batteries à l’état solide pour un packaging avancé

    May 16, 2025

    Here’s Why You Will Get Better Returns Investing In ETFSwap (ETFS) Compared To Dogecoin (DOGE) And Shiba Inu (SHIB) – Times Tabloid

    August 12, 2024
    Our Picks

    Machine Learning Can’t Pick Winning Funds. But It Can Help You Avoid Losers

    May 28, 2026

    Megacap IPOs Trigger Fund Portfolio Shifts

    May 27, 2026

    This mutual fund lets you buy SpaceX stock before the IPO – but what are you actually getting?

    May 27, 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

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.