It was the result of a fundraising effort, set up at breakneck speed by former Dunstable councillor Bill Stevens, to provide a fitting monument to commemorate the new century.
A committee of local people, headed by Eric Fountain of Vauxhall and Dennis Keech, chairman of ACD Tridon of Dunstable, organised an appeal to raise £80,000 to build the clock tower.
It had the wholehearted backing of the Dunstable Gazette and generated a large number of donations from local organisations and individuals.
Frank Porthouse provided a design featuring numerous local themes and the Leighton Buzzard firm of EDF prefabricated the metal structure in its small workshop.
Jones left frustrated once more as Town fail to take their chances during Lilywhites defeat
Goal-shy Luton still searching for a first win after Preston defeat
Hatters were aware of McAtee's shoulder injury before agreeing to sign Grimsby striker
Jones assures Lockyer and co they are still 'key' members of Luton's squad
Jones will go back to full strength for Town's clash with Preston
Then came the anxious early-morning moments when the huge components arrived by lorry and a small crowd gathered to see if it all fitted into place.
But the jigsaw’s measurements were perfect!
> Yesteryear is compiled by John Buckledee, chairman of Dunstable and District Local History Society