Two Bid On Adams Park Street Project

By Jack GuerinoiBerkshires Staff
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ADAMS, Mass. – After a rebid, The Park Street Improvement Project has received two bids again.

The project originally received bids April 10. However, because of a low amount of bidders the town decided to send the project out again in hope more contractors would be attracted to it.

Bids closed for a second time on Thursday with J.H. Maxymillian,of Pittsfield, and Jack Goncalves & Sons of Ludlow, as the two bidders.

J.H. Maxymillian offered $876,080 bid and Jack Goncalves & Sons offered a $901,808 bid. Both bids are over the $700,000 budget.

Town Administrator Jonathan Butler said at a prior Board of Selectmen’s meeting he believes that contractors are shying away from the project because of challenging conditions.

"They are very difficult projects to work through; there is high levels of traffic in downtown streets and there are dozens, if not hundreds of stakeholders, when you get into residents, business and other entities with property on the street,” Butler said.

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Adams Community Bank Holds Annual Meeting, Announce Growth

ADAMS, Mass. — The annual meeting of the Community Bancorp of the Berkshires, MHC, the parent company of Adams Community Bank, was held on April 10, 2024, at Charles H. McCann Technical School in North Adams.
 
The meeting included reviewing the 2023 financial statements for the Bank, electing directors and corporators, and highlighting upcoming executive personnel changes.
 
"In 2023, the Bank experienced another year of growth in assets, loans, and deposits, noting the Pittsfield branch reached $26 million in customer deposits from its opening in December of 2022," President and CEO of Adams Community Bank Charles O'Brien said. "Those deposits were loaned out locally during 2023 and helped drive our #1 ranking in both mortgage and commercial real estate lending, according to Banker and Tradesman."
 
At year-end 2023, total assets were $995 million, and O'Brien noted the Bank crossed the $1 billion threshold during the first quarter of 2024.
 
Board chair Jeffrey Grandchamp noted with O'Brien's upcoming retirement, this will be the final annual meeting of the CEO's tenure since he joined the Bank in 1997. He thanked him for his 27 years of dedication to the Bank. He acknowledged the evolution of the Bank as it became the premier community bank in the Berkshires, noting that branches grew from 3 to 10, that employees grew from 40 to 135, and that assets grew from $127 million to $1 billion. 
 
An executive search is underway for O'Brien's replacement.
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