Greylock appoints Anthony Rinaldi as Director Emeritus

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PITTSFIELD, Mass. — Greylock Federal Credit Union's Board of Directors voted unanimously to appoint Anthony Rinaldi as Director Emeritus in recognition of his longstanding and distinguished service to the credit union.
 
In March 2024, the Board of Directors voted to confer the Director Emeritus designation on Rinaldi. Individuals who are appointed Directors Emeriti function as an advisory committee to the board of directors. Rinaldi's designation reflects a two-year term.
 
"I'm honored to have served with Tony and am gratified to recognize his years of dedication and commitment to the members of Greylock," said Board Chair Peter Lopez. "We look forward to his continued involvement with the board as an esteemed advisor and Director Emeritus."
 
Rinaldi joined the board in 1994 and served as Chairman for five years. He most recently served as chair on the Asset-Liability Committee, or ALCO, and the Compensation committee.
 
"I've known Tony for many years and it's been an honor to serve with him on our board," said Board Member Sheila A. LaBarbera. "Our board has truly benefitted from Tony's tireless service, expertise, and generosity through the years and we are thrilled to honor him in this way."
 
Rinaldi recently retired from his role as the Executive Vice President of Fairview Hospital for Berkshire Health Systems. He is a graduate of Boston College School of Management with a bachelor's degree in accounting. He lives in Pittsfield with his wife, Wendy.

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Lanesborough Hopes for Continued Talks on Mall Sale

By Breanna SteeleiBerkshires Staff
LANESBOROUGH, Mass. — The Select Board is optimistic that talks for the Berkshire Mall sale will continue. 
 
Chair Deborah Maynard and Vice Chair Juli Baker were to meet with mall owner JMJ Holdings, the Baker Hill Road District, and proposed buyer Cypress Equities on Tuesday to discuss next steps. As of Wednesday, iBerkshires had received a "we are optimistic" from Maynard on the talks. The Berkshire Eagle reported a response from a Cypress representative saying talks will continue.  
 
Baker had updated the Select Board on Monday about the status of the sale and the efforts being undertaken by the renamed Baker Hill Business District.
 
Cypress Equities pulled out of a purchase-and sale-agreement with mall owner JMJ last week for the following reasons. 
  • Not enough water service/pressure to the property to support redevelopment without constructing costly water tanks.
  • The current septic system and former treatment facility is not acceptable for a project of the scale and magnitude proposed.
  • There is existing asbestos and bad soil from the treatment system that needs to be remediated off site.
  • And the current structure and tax assessment of the Baker Hill Road District.
Baker has been working with what is now being called the Baker Hill Business District and said she and the district members are happy that Cypress has decided to leave the door open to more discussions and that they have been working hard to try and address the company's needs.
 
Last month, the town had asked state Sen. Paul Mark and state Rep. John Barrett III to support the state Department of Transportation taking over the Connector Road, funding for a mall connection to Pittsfield's wastewater treatment plant and a connection to the town's water main.
 
Baker said an amendment has been drafted to cap the district's taxes to not grow more than 2.5 percent a year. She noted that, historically, taxes have not grown by more than one percent per year, so it won't be difficult to meet that cap.
 
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