The proposal calls for buying 30.4 acres of land at the former Cartus Corp. site for $57.2 million and renovating the building. Total cost of the career academy proposal is projected at $164 million. Another $43.9 million would go toward “additional school and related facilities projects” that are separate from the career academy. Mayor Dean Esposito announced the new plan to build the career academy at the Cartus Corp. site on Monday, but costs for the project were not immediately released. A packet of information given to the City Council on Wednesday night revealed costs for the plan ahead of a scheduled Thursday night meeting. City Council members will vote to send the bonds to pay for the project to a public hearing, and were scheduled to vote on the city’s intended land purchase at Thursday’s special meeting. Residents will have final say on the city’s bonding at a referendum.
https://www.stamfordadvocate.com/news/article/Danbury-proposal-would-invest-207-9-million-in-16974805.php