The town obtained favorable rates in its recent $13.1 million bond sale that will primarily provide financing for the new police headquarters project, according to town CFO Dawn Norton. The town received 11 bids from various underwriting firms with the winning bid of 3.19 percent from Robert Baird Inc., she said. The town is preparing to break ground this spring on the $16.4 million project to build a new police headquarters, officials said. Construction expected to take about 20 months, officials said. In the 2022 annual town meeting, voters approved the construction of a new 19,000-square-foot headquarters with 77 percent of the vote. It will be nearly twice the size of the town’s current police station. The new police facility, which will be built on an 11.17-acre site at 238-240 Danbury Road, was approved, with conditions, on Feb. 27 by Wilton’s Planning and Zoning Commission.
https://www.stamfordadvocate.com/news/article/wilton-bond-sale-finances-police-headquarters-18120982.php