12th anniversary of the bank's Community Dividend Program

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Williamstown - Williamstown Savings Bank customers will help celebrate the 12th anniversary of the bank's Community Dividend Program (CDP) by casting votes to allocate funds to Northern Berkshire non-profit organizations beginning on October 1, according to an announcement by Stephen Crowe, President.

Since 1996, Williamstown Savings Bank has committed to donating at least 10 percent of its annual after-tax income to community non-profit organizations through the Community Dividend Program, and has allocated more than $1.2 million. Williamstown Savings was the first bank in Massachusetts to establish such a guaranteed giving program.

The bank's officers and directors distribute 80% of the program's funds to charitable programs, capital development projects and other community events. In 2007, that included major donations to Northern Berkshire Healthcare, Hoosic River Watershed Association, Williamstown Theatre Festival, Williamstown Film Festival, Williamstown Community Chest, Williamstown Holiday Walk, the Clark Art Institute and the Fund for Williamstown.

The remaining 20% of CDP funds is allocated through customer voting. Each fall, customers are given an opportunity to cast a vote for the non-profit organization of their choice from a ballot that is mailed to homes and businesses, and distributed in the bank's lobby. In addition, customers can vote online through the bank's website (www.williamstownsavings.com). This year, votes will be accepted from Wednesday, October 1, through Tuesday, November 4 (Election Day).


In 2007, a record turnout of over 1,600 customers cast votes. Each customer vote represents a direct allocation to the organization selected. In 2008, bank customers will allocate more than $15,000 to local non-profits.

"This is a great opportunity for our customers to support their favorite community programs," Crowe said. "In this election, every vote really counts. There are 68 organizations on this year's ballot, which is our highest participation to date, and we hope all of our customers will take the opportunity to vote for the one they feel most deserves our support."

Crowe noted that results of the customer voting would be announced in November.
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Williamstown Planning Board Narrowing in on Subdivision Bylaw Changes

By Stephen DravisiBerkshires Staff
WILLIAMSTOWN, Mass. — The Planning Board late last month discussed specific features of what it plans to pass as a new subdivision control bylaw this year.
 
The board long has discussed the complex set of regulations as being out of date and cumbersome to both potential developers and the board itself, which has needed to hear requests for waivers of outdated rules for the handful of residential subdivisions that have been proposed in town in recent years.
 
This spring, the town engaged consultants from Northampton's Dodson and Flinker Landscape Architecture and Planning to go through the existing bylaw, compare it to more contemporary regulations in other communities and help craft a revised bylaw.
 
Unlike the zoning bylaw, where amendments require approval of town meeting, the subdivision control bylaw is a creation of the Planning Board, which can make changes on its own after a public hearing process it hopes to complete this year.
 
At a special Planning Board meeting on May 26, Dillon Sussman of Dodson and Flinker and his colleagues walked the board through a dozen different decision points that the board must resolve — either by leaving the bylaw as is or making a change — and offered suggestions based on best practices.
 
All of the issues are technical and ranged from the fundamental, like how the bylaw will define types of subdivisions, to the highly specific, like what turning radii will be required in new streets that are constructed to serve planned developments.
 
One example of a topic that came up in the recent approval of a four-home subdivision off Summer Street is stormwater management.
 
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