Darien selectmen OK $60 million in bonds

With an eye to making the most of the town's bond rating, the Darien Board of Selectmen voted Monday to approve up to $60 million in bonding to pay off the town's debt at lower interest rates if the opportunity arises in the coming year. The financial maneuver has saved the town millions of dollars since 2008, when the town began preapproving an upper limit for refinancing bonds, officials said.

via Darien Newswire http://ift.tt/1IRwwZZ