The Darien Board of Finance has approved the sale of a $3.1 million bond for the town which will cost $6,000 more in interest than an alternative plan but will even out town debt payments over about a decade.
The board’s vote on Tuesday was unanimous, and town officials expect to get a lower rate than the 1.75 percent in effect last April.
Town Finance Director Kathleen Buch presented two proposals to the board, one of which would defer the first principal payment to Fiscal Year 2017. Although it would cost the town $6,000 more, that plan keeps overall debt payments at a more even level, a longstanding goal of the board, panel members said.