Berkshire Bank Announces 2nd Contest Winner

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PITTSFIELD, Mass. - Little did Debra and Kent Kulas of Chicopee know when they arrived at Berkshire Bank, America’s Most Exciting Bank sm on Thursday, December 18 that they would be $10,000 richer by the end of the day.

Debra and Kent Kulas were randomly selected as the second of three winners in Berkshire Bank’s “America’s Most Exciting Bank” Great 30K CA$H Giveaway. The cash prizes are part of another Exciting Promotion to say thank you to the Bank’s customers with three chances to win $10,000. Joseph Wright of Great Barrington, Massachusetts was the first winner selected in August, 2008. The last drawings will take place in February 2009 and will include all entries submitted from the contest’s beginning.

The promotion, which began in June 2008, will end on December 31, 2008. Consumers are encouraged to open and activate a Line of Credit loan and automatically be eligible to win the last remaining $10,000 cash prizes. The last drawings will take place in February 2009 and will include all entries submitted from the contest’s beginning.

The odds of winning are based on the number of entries received, but for Debra and Kent  Kulas, Thursday, December 18 was their lucky day. The Kulas’s were greeted by Valerie Urban, Berkshire Bank branch manager who helped open the account. Surrounded by customers and the Bank’s employees, the Kulas’s were presented with an oversized check by Kim Riggs Halusic, Michael Mirski and Heather Bartini, vice presidents and regional branch managers and James Sherbo 1st vice president of retail lending of Berkshire Bank. Commenting on the award, Sherbo stated, “It was so exciting to see them when we walked through the door. They had no idea they were the winners and were shocked when presented with the check. It’s an Exciting feeling to see someone have that kind of good luck and a great way for us to give back to our valued customers. ”

Berkshire Bank kicked off The Great 30K CA$H Giveaway Equity Loan promotion in which people can enter to win one of three $10,000 cash giveaways. The promotion also features a great rate special on home equity lines of 2.99% APR and Prime -1.01% for life and increased access to funds using debit cards, Internet banking or telephone banking. For more information visit www.berkshirebank.com or any Berkshire Bank location.    

Berkshire Hills Bancorp, Inc. is a regional financial services company with assets of approximately $2.6 billion. Headquartered in Pittsfield, Massachusetts, it is the holding company for Berkshire Bank - America's Most Exciting BankSM. Berkshire Bank is one of Massachusetts' oldest and largest independent banks and the largest banking institution based in Western Massachusetts. Berkshire provides business and consumer banking, insurance, investments and wealth management services through 49 banking and insurance offices in Western Massachusetts, Northeastern New York, and Southern Vermont. For more information on Berkshire Hills Bancorp, Inc. or Berkshire Bank, visit www.berkshirebank.com.
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Lanesborough Town Meeting to Vote Budget, Bylaws & Vehicle Purchases

By Breanna SteeleiBerkshires Staff

LANESBOROUGH, Mass. — Tuesday's annual town meeting includes a $14 million operating budget, new short-term rentals, accessory dwelling units and sign bylaws, and free cash article appropriations.

Voters will gather at Lanesborough Elementary School on June 9 at 6 p.m. to decide on 20 warrant articles.

The fiscal 2027 budget is up a little over 10 percent. Some of the main increases are the Mount Greylock Regional School District and McCann Technical School: the McCann assessment is up more than 30 percent based on factors including enrollment and the school renovation project, and Mount Greylock's is up 11 percent.

Article 11 is for the town to vote to approve from free cash the sum of $16,298.48 for the McCann Technical School roof and window replacement project so as not to impact the budget. Article 3 is  appropriate $7,586,284 for Mount Greylock Regional School assessment.

Another notable increase was in life and health insurance, showing an increase of about 26 percent.

Ambulance Director Jen Weber is planning 24-hour coverage, which means more staff and a hike in her budget. One of the articles asks the town to appropriate $234,100 to operate the Ambulance Enterprise Fund for salaries and expenses.

Many town departments are looking for new vehicles. The Fire Department is looking to replace its outdated 1996 fire engine. There are two articles related to the truck at a total of $813,366. Article 12 would transfer $225,000 from free cash into the Fire Truck Stabilization Fund; Article 13 would transfer $605,000 from the fund and authorize the borrowing of $208,366.08.

The total includes a $100,000 contingency cost to cover any additional costs if a 2026 model-year chassis cannot be secured before new emissions standards go into effect in 2027.

The board at its last meeting moved the $225,000 transfer to come before the borrowing article, changing the stabilization number. If the $225,000 is not voted on, then they will amend the next article's number on the floor, subtracting the $225,000. This shows the borrowing number significantly lower.

Article 17 asks for the transfer of $80,000 from free cash to replace a police cruiser.

Police Chief Rob Derksen's aim is to replace one vehicle every other year, meaning the oldest vehicle gets replaced about every 10 years. 

He stressed that if delayed this year, the town may have to double up in a future year to get back on schedule, and that paying later usually costs more. The article will ask for $80,000 from free cash, the vehicles used to be funded by the BHRD.

Lastly, the Highway Department is looking to replace a 2014 International dump truck that will be a total of $330,000 and will take two to three years to receive.

Money will be used from last year's approval of $250,000 from free cash for the replacement of a 2012 highway front-end loader that was underspent $49,261. Town meeting is being asked to approve  a transfer of $53,274.85 from free cash and the use of $227,464 from funds from the Sale of Town Real Estate to fund the balance.

Other free cash proposals include $1,200 to purchase software to support tracking and ongoing maintenance schedules of town-owned vehicles; $42,000 for the replacement of the Highway Department's storage shed roof, $200,000 to reduce the tax levy.

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