Granby: Stoplight near City Market should be installed by the fall
Town officials are predicting that a stoplight will be installed near City Market by the fall.
The estimated bid for the Highway 40 stoplight came in around $400,000, nearly double what had been quoted last summer, Pierro said.
CDOT requires the more expensive mast arms for signal lights rather than those strung across the road “because there is less maintenance on them,” said Dan Roussin, Region Three permit manager.
The Town of Granby is under negotiations with Grand Elk developers to decide who will pay for the light.
Costs for the light will also be shared with vacation ownership company Wyndham Worldwide, due to construct a 44-unit building near the clubhouse as part of Grand Elk. Wyndham has already contributed $125,000 toward the light.
With that money in the bank, the town council Tuesday decided to issue $10,000 toward initial design and engineering to get work started. The decision came out of an executive session.
“The balance of the payment is being hammered out through contracts,” Pierro said. “Hopefully, that agreement will come to the board at the next meeting.”
A number of close-calls and accidents led citizens to lobby for the traffic light last summer.
Citizens gained 1,788 signatures in favor of it, and a subsequent September CDOT study found the light was indeed warranted.
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