Government
Town Secures 4.25% Rate on $11.5M in Bonds
Old Saybrook secured an overall interest rate of 4.25% on $11.5 million in bond funds that will finance reconstruction of the DPW Garage and the Kate expansion.
Old Saybrook announced it has secured an overall interest rate of 4.25% on $11.5 million in bond funds.
The bond funding will pay for two projects: reconstruction of the town's DPW Garage and the Kate expansion.
Source: Town of Old Saybrook announcement, October 27, 2026.
Checked against the record: before publication this article was automatically compared with the original announcement. It was corrected where it differed.
Share this story
Know someone in Old who follows town government? Share Townbrief Old: they can sign up free.