After delay, Granby Ranch moving forward with sale; buyer’s identity remains confidential
GRANBY — Granby Ranch’s impending sale will be delayed a little longer, owners informed the Granby Board of Trustees at its regular meeting Tuesday night.
Marise Cipriani, representing Granby Realty Holdings, updated the town board that the sale had been delayed by three months due to unrelated legal proceedings.
However, according to Cipriani, those issues have been handled and the sale is proceeding.
“We are back on track,” Cipriani said. “I don’t have a date yet, but we are working pretty hard on it.”
Cipriani told the board there is a buyer, but their identity has so far been kept confidential and won’t be released until the sale is finalized.
Cipriani and her husband also joined the town board in an executive session to discuss matters relating to the sale. Trustee Natascha O’Flaherty recused herself from this session due to a perceived conflict of interest.
Matt Girard, a representative of the Granby Ranch Municipal District, questioned the use of executive session during the meeting.
“Why is there any discussion, as a public matter that affects the residents, that cannot be had in a public forum,” Girard said.
However, the town’s attorney said it was within the executive session guidelines.
Granby Mayor Paul Chavoustie could not comment on what was discussed in the session, but explained that, while the town is not the buyer or seller in the transaction, it has many agreements with Granby Ranch.
“When you’re a large development and have critical impact on the community, it’s good for the town to be involved because of the amount of the agreements that are out there,” he said.
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