Neighbors concerned over location of proposed bank in Palisade

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PALISADE, Colo. (KKCO/KJCT)-- The Palisade Planning Commission has recommended that the board approve Grand Valley Bank to open up a location on Elberta Avenue.

Neighbors in the area have voiced their concerns over the location. At the last planning commission meeting, a few neighbors got up and spoke about their concerns over the traffic.

The bank would replace a boarded-up home on Elberta Avenue, which is hard to miss while driving into town.

"We're not excited about it and we wouldn't like for it to be put there," said Michael Hartman, a resident who lives near the proposed site. "The traffic is one of the main problems we have."

He said that adding a business wouldn't put the town on the right track.

"With the railroad tracks there and the bus stop, the kids that come through or the people jogging or walking over the railroad tracks," he said.

But Community Development Director Ron Quarles disagrees.

"The traffic impacts are not anticipated to be a major issue for the existing Elberta Avenue," said Quarles.

He said that growth is the future.

"It's economic development for the town. It's new growth that we haven't seen in probably five to six years, at least," said Quarles.

Not all neighbors are against the plan.

"I like new business coming into Palisade, I bet the tax base would be good," said Randy Didonato.

Didonato doesn't think traffic will be an issue.

"We don't have a lot of speeding going on in Palisade," said Didonato.

Still, Hartman doesn't want traffic getting any worse then he says it already is.

The President of Grand Valley Bank said that banks make great neighbors and traffic shouldn't be an issue.

Town officials said a study done by the bank shows that a study done by the bank would have minimal impacts on traffic. The engineer reviewed it and backed up that claim.

The board of trustees will make the final decision on this at their meeting Tuesday night.

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