Curtain Raises on Performing Arts Company’s ‘Twelfth Night’ Tonight

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The curtain goes up tonight, Thursday, Nov. 6 on the Performing Arts Company’s production of Shakespeare’s “Twelfth Night,” a comedy about a cross-dressing, ship-wreck surviving, poetry-loving girl who finds herself at the center of a not-so-average love triangle.

The production, produced and directed by Ezra Flam, will begin at 7 p.m. at the Belmont High School auditorium.

The play will also be staged on Friday and Saturday, Nov. 7 and 8, at 7 p.m. 

Tickets are adults: $12 in advance/$15 at the door; students: $10.

Tickets are available online and at Champions Sports in Belmont Center.

Chenery 8th Grade Students: reserve a free ticket when you order online using coupon code: CMS8. Belmont Schools Staff: reserve a free ticket online with coupon code BPSSTAFF or by e-mailing tickets@bhs-pac.org 

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Benefit Provides A Shoe Box Full of Hope for Gerry

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Anne Marie Picone came straight from her second job to Conley’s Pub and Grille on the Watertown side of Belmont Street.

The Belmont resident wasn’t there to watch Monday Night Football or grab a beer.

She came for Gerry.

“My first job ever was working at CVS (in Belmont Center) so I always cut through Champions. I’d always see Gerry and he was absolutely fantastic,” said Picone, describing Gerry Dickhaut, the long-time owner of Champions Sports Goods on Leonard Street.

So when she heard on Facebook Monday that Dickhaut had lost his house to an electrical fire last week, she immediately decided to stop by a benefit Dickhaut’s friends quickly assembled at Conley’s.

“I wanted to make sure I got to donate. Gerry’s a great guy,” she said.

Picone was just one of hundreds of residents, fellow business owners and people who Dickhaut got to know over the years who stopped by to place a donation into an athletic shoe box near the pub’s entry.

Tim Graham, who along with Andrew McLaughlin organized the benefit, opened the box to show it  jam-packed with gift cards, checks, packages and cash, all for a man that many are calling a community asset.

“The turn out was absolutely amazing. It’s a Monday night and the place was packed all evening. The generosity was stunning,” said Graham.

According to residents, the money will go to help Dickhaut replace household and personal items destroyed in the fire as well as help pay for living arrangements for the next five months while the house is being restored.

Graham, who like so many other young people worked for Dickhaut while he was at Belmont High School and after college, said he heard a few days ago of Dickhaut’s misfortune “and Gerry is an amazing man who has done so much in the community that we just wanted to do something, anything for him.”

Graham said he couldn’t even make a “guest-imate” of the total contributed, “but I have seen some of the amounts that people have donated and it really is overwhelming.”

“I’m sure Gerry will be blown away. While he’s a very generous person, he’s also quite private so he might feel a bit awkward accepting this. But he’ll be amazed that so many people are thinking of him,” said Graham.

Former Macy’s Landlord Reveals A Peek at the Site’s Future

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Don’t expect big changes to the outside of the former Macy’s/Filene’s Belmont Center location over the next year; the excitement will be left for what will go inside, according to the landlord of the property who revealed just a bit of the site’s future Thursday night.

Locatelli Properties’s Kevin Foley and his colleague, Len Simons, held a public meeting on Oct. 30, at Belmont Town Hall to preview their presentation to the Belmont Zoning Board of Appeals as they seek three special permits to allow “minor” alterations to the building.

If everything goes to plan, retailers and restaurants at new site – without a name for now – will open for business by the spring of 2016.

The presentation before the ZBA will be held on Monday, Nov. 3 at 7 p.m. in the Belmont Gallery of Art, on the third floor of the Homer Building in the Belmont Town Hall complex.

After the renovation work is completed, the site – located at the corner of Alexander and Leonard streets  –  will have approximately 48,000 sq.-ft. of commercial space available to lease, said Foley.

Since the late 60s, the building has “not been touched so it needs to be updated to bring back ‘zip’ to the Center,” Simons said of the commercial space leased to Filene’s from May 1941 to September 2006 when Macy’s bought Filene’s. Macy’s closed in January 2013.

Belmont-based Locatelli will seek ZBA permission on Monday, Nov. 3, to build a new vestibule off the parking-lot side of the building where the stairs to the women’s department was located, the installation of accessibility ramps and an elevator at the rear of the building, a renovated entryway and a new roof system on the Leonard Street side. In addition, windows will be installed and new entry ways created along Leonard Street.

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“We need to include an elevator as we are required to make all floors accessible to the law,” said Simons.

In addition to accessibility features, a new office space of about 600 sq.-ft will be constructed on the top floor.

Simons said the renovations will have no effect on the number of parking spaces in the Locatelli parking lot or in vehicle traffic patterns.

“We believe the improvements for access purposes will support our efforts to bring a mix of quality retailers to the Leonard Street area,” said a written press release handed out at the meeting.

“Once Locatelli has obtained the necessary permits, we will be able to pursue potential tenants and regenerate retail activity in Belmont Center,” said the statement.

“We anticipate two large tenants and four to five smaller ones, like those down [Leonard] street,” said Foley, who doesn’t expect one retailer to take both floors “because that’s a challenge for a retailer.”

The tenants will work with Locatelli on dividing up the interior to best utilize the space.

While Foley appeared hesitant to add another bank branch in the Center, he said just about any business would be considered.

“As long as they are high quality,” said Foley, including national retailers, existing businesses and restaurants.

“I think a mix of restaurants and retail would be the best for [foot] traffic in the day and the evening,” said Foley.

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Town Proposes Using Free Cash Twice to Pay for Belmont Center Project

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Town Meeting members will be asked next month to dip twice into the town’s “savings” account to pay for the long-awaited facelift of Belmont Center’s traffic and parking design.

Under a proposal derived by town officials and Belmont’s Treasurer Floyd Carman who presented the plan to the Belmont Board of Selectmen Wednesday, Oct. 29, the now $2.8 million construction project set to reshape the roadways and parking in and around Belmont Center will be paid for using the town’s “free cash” as both a downpayment and then dipping into the account over 15 years to pay for the remaining debt, said David Kale, Belmont’s town administrator.

Free cash is unspent money remaining at the end of the fiscal year including from budget line-items and any greater than expected tax or fee receipts.

If approved by a majority of members of the Special Town Meeting on Nov. 17, $1.3 million will be taken from free cash as a one-time lump sum payment. The remaining $1,475,000 will be raised by selling 15-year bonds,

But rather then ask voters to approve a debt exclusion as has happened in the past with large capital expenditures, Belmont will take the unprecedented step of using free cash make the bond repayment over the life of the bond.

While the state’s Department of Revenue has not certified the amount Belmont has for free cash, Carman said free cash came in at $6.2 million in fiscal 2015.

Carman said the town will take approximately $169,000 from the free cash account in fiscal 2017 to pay both the interest and principal of the note. The payments will then decrease in subsequent years until there is a final payment of just under $100,000 in fiscal 2032.

Andy Rojas, Selectmen chair, told members of the Warrant and Capital Budget committees that the town hopes to have the project out to bid in January and have work completed by October. He also said the Special Town Meeting will only take up the project’s expenditure plan, “we are not opening up the project’s design for discussion.”

“[Town Meeting] is about funding, not to discuss every crosswalk or bump out,” Rojas reiterated.

While Kale is known for reminding residents, town officials and Town Meeting members that “free cash is not free” – any reduction in the account must be restored in the next year’s budget – both he and Carman believe free cash is strong enough position to sustain payments over the next decade and a half.

“We’re looking at a healthy free cash and the opportunity is there to utilize the low-interest rates,” said Carman.

Saying that he has heard some residents being critical of the town not utilizing the millions in the account, Carman told the Belmontonian “here’s an opportunity to use the savings constructively.”

Using the town’s savings account will also lessen the burden on the town’s debt service now hovering just over $5.1 million in fiscal 2015.
“Rather than burden taxpayers of 2015 to pay for this debt, we are spreading out the obligation to residents over the 15 years of the bond,” said Carman.

Carman also noted the town in the next few years will likely be asked to fund a new Belmont High School for between $60 to $100 million.

“We don’t want to add anymore debt to the books with that looming,” he said.

Paying the interest and principal of the $1,450,000 (the actual amount could be less once the engineering blueprints are completed, said Rojas) would be the second specific expense that will be paid by free cash. Last year, Town Meeting approved spending approximately $240,000 annually in other post-employment benefits, or OPEB, payments to a nearly $180 million unfunded obligation.

In recent years, the town has transferred approximately $2 million from free cash at the beginning of the budget cycle to pay for town and school expenses, filling a shortfall in local aid from the state legislature.

The town will also create a Capital Project Debt Stabilization Fund to pay down existing obligations.

The new stabilization account – to be approved by Town Meeting – will be funded with one-time payments to the town. Kale said this would include the sale of town-owned property such as the long-awaited purchase for $850,000 of the municipal parking lot at Cushing Square as part of the delayed Cushing Village project and the increasingly doubtful Woodfall Road luxury housing development.

Which of the current debt obligations could be reduced by the stabilization fund “will be part of a group discussion,” said Rojas.

When asked why this project is being given priority over six large capital projects – including a new police station and refurbishing the Viglirolo Skating rink – Rojas said the others have not begun the detailed process of design and planning.

“Why we are doing this is because it’s ready,” said Rojas, adding the reconstruction will increase business and economic development to the business center of town.

Judge Lifts Silver Maple Injunction as Work Resumes at Belmont Uplands

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Less than 24 hours after initially granting an injunction halting the developer of the proposed 299-unit “Residences at Acorn Park” apartment complex from clearing land in Belmont’s Uplands, Middlesex Superior Court Judge Rosalind Miller vacated the stay on O’Neill Properties’ work in removing vegatation and trees in preparation of possible construction.

Miller’s ruling, on Tuesday Oct. 21, allowed work crews utilizing heavy equipment and chainsaws to resume the process of clearing the eight-acre site that began last week at the Silver Maple Forest parcel off Frontage Road on the Cambridge town line.

In her ruling, provided by the Superior Court, Miller wrote the plaintiffs – 14 Belmont members of the Coalition to Preserve Belmont Uplands who filed a request for the injunction on Oct. 13 – failed to show “irreparable harm” to their cause “in absence of an injunction.” In addition, Miller said the plaintiffs had “failed to disclose the seven year history of unsuccessful litigation regarding this development of an affordable housing project.” 

The rulings came after a week of civil disobediance in which 13 protesters have been arrest by Belmont Police at the site.

Miller’s complete judgement is below:

After review and hearing on 10/16/14, the plaintiff’s motion for a preliminary injunction is DENIED. To obtain the extraordinary relief of an injunction, the plaintiffs must prove: (1) without the relief sought, plaintiffs would suffer irreparable harm; (2) there is a likelihood of success on the merits of this case; and (3) any harm to the plaintiffs would outweigh the harm which the injunctive relief would inflict on the defendants. John T. Callahan & Sons, Inc. v. City of Malden, 430 Mass. 124 (1999). Plaintiffs have failed to show a likelihood of success on the merits of this case and a substantial risk of irreparable harm in the absence of an injunction. The court declines to impose sanctions on the plaintiffs for their failure to disclose the seven year history of unsuccessful litigation regarding this development of an affordable housing project. The previous temporary restraining order issued on 10/20/14, is hereby vacated. SO ORDERED. (Rosalind H. Miller, Justice, Dated: 10/21/14)

 

Judge’s Injunction Halts Uplands Tree Clearing After Morning of Arrests

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Someone was listening to the Lorax … for now.

Hours after four protesters were arrested Monday morning, Oct. 20, at the proposed site of a 299-unit residential complex on the Cambridge line, a Middlesex Superior Court judge filed an emergency restraining order to halt pre-construction clearing of a portion of the Silver Maple Forest in Belmont until she can rule on a complaint from 14 Belmont residents who are members of the Coalition to Preserve Belmont Uplands.

Justice Rosalind Miller’s single-page injunction temporarily halts trees being cut and removed from the 15 acre forest  located off Acorn Park Road, which is connected to Belmont via Frontage Road adjacent to Route 2. The judgement is directed at O’Neill Properties, the Philadelphia-based real estate firm behind the development dubbed the Residences at Acorn Park.

The complaint contends the site developer, Cambridge Partners II, is pushing aside regulations required by the Clean Water Act and the Belmont Stormwater Bylaw.

The ruling, while temporary, is a victory for environmental groups and Chilton Street resident Anne-Marie Lambert who has advocated that the residential development will increase the likelihood of serious flooding in surrounding communities such as northeastern Belmont, Cambridge’s Alewife and east Arlington due to the developer’s use of outdated climate reports in addition to destroying a nature sanctuary.

(Lambert will give a talk this Sunday on the history of the Uplands hosted by the Belmont Historical Society.)

Miller’s ruling came after a third round of arrests took place at the site as a quartet of protesters, including Lesley University Biology Professor Amy Mertl, who made a presentation to the Belmont Board of Selectmen on Tuesday, Oct. 14, on the economic impact on Belmont town finances if the development is constructed.

Belmont Police report that 13 people have been taken into custody since the first arrests on Monday, Oct. 13. They were charged with trespassing.

Monday’s protest occurred along Acorn Park Road adjacent to crews using chain saws and large earth-moving equipment to clear vegetation and remove trees.

“Oh!” several of the 60 protesters loudly moaned when a 50-foot Silver Maple fell to the ground as a young man read passages from Dr. Suess’ “The Lorax” – which several people repeated – and a graduate student argued loudly with the private security guards.

Quinton Zondervan, president of Green Cambridge, said the week-long direct action by various groups was occurring “since the developer doesn’t have a building permit, but they have already started cutting trees.”

Ellen Mass, founder of Friends of the Alewife Reservation who was arrested last week, said “this awful crime we are witnessing is quite beyond the pale because they did most of their cutting of these trees just as the Coalition [to Preserve Belmont Uplands] filed the injunction. They did this on purpose during the weekend before the judge had an opportunity to rule.”

For others, the protest was an opportunity to show solidarity to what they view is an important piece of the local environment.

“We want to save the forest,” said Leyli Lopez, who came with her mother, Nicole Weber, who works at Leslie University.

“I’ve gotten to know about this issue through my colleagues Amy [Mertl]. I use this area, and I didn’t even know this was happening,” said Weber.

While the possible environmental repercussions on surrounding communities has been well noted by development opponents, the impact of 300 units of housing on both Belmont’s general government and school budgets “is significant and worrying,” said Belmont Selectman Mark Paolillo at Tuesday’s meeting.

Included in the Coalition’s complaint is the Belmont Office of Community Development, which would issue the critical building permit to O’Neill which will be located on eight acres of the site.

Last week, Community Development Director Glenn Clancy said he could not comment on the complaint filed last Monday.

Town, Schools Set Nov. 12 Application Deadline for School Committee Vacancy

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Interested residents will have just about a month to submit applications for a place on the Belmont School Committee.

But the person selected by the Selectmen and the School Committee will have to keep their running shoes on because they’ll need to win their seat all over again five months later.

In a joint letter released today, Friday, Oct. 17, the chairs of the Belmont School Committee and Board of Selectmen announced the deadline for applications to fill the vacancy left when Kevin Cunningham resigned earlier this month will be Wednesday, Nov. 12 at 4 p.m.

The School Committee’s Laurie Slap and Andy Rojas of the Selectmen said the two boards will meet five days later, on Monday, Nov. 17, in a joint committee to hear from and interview candidates before voting to appoint a new member to fill the vacancy left when Kevin Cunningham resigned earlier this month.

The selected appointee will be sworn in by the Town Clerk Ellen Cushman before the School Committee’s meeting on Nov. 18.

Under state law, the appointee’s term only lasts until the next Town Election; in Belmont that occurs in April, 2015. The person elected for that committee seat will serve a two year term, which is the remainder of Cunningham’s tenure.

Those interested in seeking appointment should write a letter of interest that will include:

  • The reasons for seeking the appointment,
  • Expertise, skills and perspectives they will bring to the committee, and
  • Identify the most pressing issues facing the committee, both through the April election and beyond.

Letters should be sent to:

Cathy Grant

Belmont Public Schools

644 Pleasant St.

Belmont, MA 02478

or via email at:

cgrant@belmont.k12.ma.us

Cushing Square Developer Seeks Equity Partner, Buyer for Delayed Project

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After more than a year of promises and delays, the developer of Cushing Village – the nearly 167,000 square-foot, multi-use development in the heart of Belmont’s Cushing Square – is actively seeking an equity partner or is hoping to sell the project’s development rights to the highest bidder as financial constraints have plaguing the project.

Beginning this month, a big-time Boston commercial real estate search firm hired by Cushing Village’s developer Acton-based Smith Legacy Partners, Inc. has been actively shopping the three-block site to an array of experienced commercial development teams and investors in an attempt to convince one to take on Smith Legacy as a partner, or to purchase the right to build the future home of 115 residential units, 230 parking spaces and nearly 36,000 square feet of retail at the corner of Trapelo Road and Common Street.

In an advertisement distributed to the commercial real estate community, Boston Realty Advisors, the Boylston Street consultancy known for its deal-making prowess, has been or will soon conduct tours of the site – now occupied by abandoned retail and commercial spaces, a laundry and a Starbucks Cafe – as it seeks a “pre-sale or joint venture development opportunity” for the development it describes as “fully permitted and shovel ready.”

Jason Weissman, BRA’s founder and principal, told the “The Real Reporter,” which covers the New England commercial real estate industry, Smith Legacy will seek “creative proposals and will entertain innovative deal structures,” with the opportunity made available “[without] pricing guidance.”

While Chris Starr, the man who has shepherd the project for the past eight years, did not comment, a member of a PR firm working with Smith Legacy was adamant the development will stay with Starr.

“To be clear, Cushing Village is not for sale – Smith Legacy Partners is pursuing partnership opportunities because they realize that others might want to invest in Belmont but there’s no intention to sell the property,” Suzanne Morse, a vice president with O’Neill and Associates wrote in an email.

Yet in its pitch, BRA makes it clear that Cushing Village “represents a rare opportunity to acquire a 163,883 gross square foot mixed-use community, on a pre-sale or joint venture basis, in one of Metro Boston’s most affluent communities.”

Smith Legacy’s apparent need for a partner or buyer would, at first glance, appear unnecessary as the market for mixed-use projects is “ideal” given the advanced recovery is sparking interest in ground-up projects, especially those permitted and ready for launch, one commercial real estate insider told “The Real Reporter.” With interest rates at historic lows, Cushing Village’s residential segment “is especially attractive given the amount of capital chasing that asset class.”

Yet, according to numerous sources within real estate, business and government, the sense Smith Legacy – a first time development team attempting to build a large development – was over-its-head with the development was evident well before the town began the planning process. In the summer of 2011, Starr and his development partner, Cambridge-based Oaktree Development, parted ways, leaving Starr without an experienced hand to reach out to banks, investors and commercial brokers.

“This deal was going south when Oaktree left,” one industry insider told the Belmontonian.

One did not need to scratch the surface very hard to hear reports of Smith Legacy’s difficulties in both securing and then keeping its financing in place. One source indicated Smith Legacy had a tentative financing deal set, but the lender backed out for an unexplained reason.

A lending source told the Belmontonian while many debt providers would listen to the developer’s pitch; none would expand their hand in agreement.

“[Starr] would have placed the biggest sign on the [SS] Pierce Building (the abandoned building where the entry to Cushing Village will be built) announcing the bank doing the deal,” said a person with knowledge of the process. “Do you see one?” they quipped.

Another source said Smith Legacy was caught in a vicious vortex of an inexperienced developer: they lacked the wherewithal to attract financing, and so commercial tenants were leery of committing to long-term leases in a project without financing. Ironically, without tenants, lenders are unwilling to fund a financing deal.

But when Starr received the Planning Board’s final OK to build after a hard-fought design process, all appearance was that Cushing Village would be up and running in record time.

After receiving the Planning Board’s OK in July 2013, Starr announced he would break ground “in a few months” with the first of the three buildings – the “Winslow” which would be located on the municipal parking lot along Trapelo Road and – completed by summer or fall of 2014, with the third building and the parking finished by the spring of 2015.

But other than crews conducting test borings and limited work on preparing the site for development, no activity commenced at the site during the rest of 2014 and into the New Year. Nor would Starr present to town or elected officials a firm financial commitment from an investor or lender.

Suddenly in March, Smith Legacy’s attorney, Mark Donahue, requested the selectmen grant a 30-day extension for the closing date of the purchase and sale agreement for the municipal parking lot until June 27. The pre-approved price for the lot is $850,000.

“We’re working diligently on a number of different fronts,” Donahue told the board, saying Smith Legacy was firming up the Starbucks relocation plans and deciding the site for temporary construction parking. Additionally, Donahue advised the board the construction would “begin between August and October.”

In addition, Donahue sought and was given the right to extend the closing date by 30 days but only by paying the town a $20,000 fee. Since that agreement was in place, Smith Legacy has deposited $80,000 into the town’s coffers.

Starr’s lack of movement on the project had tried the patience of Rojas and the other selectmen who were prepared to set a fall deadline for the municipal lot’s purchase. Only after meetings with town officials was the ultimatum shelved.

This summer, Smith Legacy attempted and failed to convince the Zoning Board of Appeals to allow Starbucks to move from its current location adjacent to the municipal parking lot to a temporary location near the corner of Belmont Street and Trapelo Road.

The future of Smith Legacy holding ownership of the property is not as crystal clear as Starr is telling people. A source told the Belmontonian an established and seasoned development team would not enter into such a deal as a “junior” partner, reducing its involvement to simply being a lender without a say in the development.

This will be at least a 60/40 deal, said a real estate source.

The real value, according to nearly everyone who discussed the project, is in the development rights; the permitting and design agreements with the town.

Smith Legacy’s current predicament – without an finalized financial package, a single new commercial tenant in 14 months (a “tavern” to be managed by a Washington Street resident to open in 2017) and few options – is now being seen as inevitable by many in town.

“This is not a complete surprise,” said Andy Rojas, chair of the Belmont Board of Selectmen who sat on the Planning Board during the majority of the 18 months it took for the town and Starr to cobble together a development deal in July 2013.

“Many involved in the process have for years thought and anticipated that Mr. Starr would need to bring in an experienced equity and development partner,” he said. “I believe that it finally has dawned on Mr. Starr that this is the only way forward for him.”

The need for an experienced hand to build what many would consider a moderate-sized suburban multi-purpose project has become critical in today’s commercial environment said one real estate observer.

“I think a lot of the reasons have to do with lenders being more demanding of higher-equity levels in a project and the developer either finds selling out a better route or if they want to stay in, they can spread the risk some and or use that capital for something else,” said Joseph Clements, founder and editor of the “The Real Reporter”, which covers the New England commercial real estate industry.

Saving Underwood: How a Big Push and Small Donations Preserved a Belmont Amenity

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On a sunny autumn afternoon this week, a mom and a banker proudly stood before a fundraising message on a sandwich board to complete a small community miracle.

Sandrick Road’s Ellen Schreiber (the mom) and Robert “Bob” Mahoney (the banker) met in front of the Belmont Savings Bank in Belmont Center on Wednesday, Oct. 8, to place a final sticker to the chart showing the level of support for a fundraising appeal to build the new Underwood Pool.

“We Did It!” read the sticker.

In less than four weeks, the persistence of a master fundraiser and the welcomed kick-off contribution from the home-town bank resulted in $400,000 being raised from residents and businesses to allow a well-loved town amenity to continue at the corner of Concord Avenue and Cottage Street.

It wasn’t all that long ago when, for a few days in late August, it appeared the future of Belmont’s new Underwood Pool was far from certain.

After Woburn-based Seaver Construction withdrew its $3.8 million offer on Aug. 28 to construct the $4.16 million new two pool complex on the site of the historic 102-year-old “swimming pond,” the Underwood Pool Building Committee – the public group that coordinated the new facility’s final design and its detailed budget – was faced with one of two prospects to save the project.

One was to find an extra $400,000 in less than a month (the town was required to select a winning bid on Sept. 26) to match the $4.55 million offer from new low bidder, New England Builders and Contractors, Inc.,

The other, take its chances and resubmit the design to bid with the outside chance a contractor would take on the job at or below budget.

If a solution could not be found, it was likely the pool’s design would need to be greatly altered, or the entire process scrapped, a situation Committee President Anne Paulsen described as “grim news.”

The only certainty was that there wouldn’t be a summer swimming season at the Underwood for the first time since 1912. By the first week of September, the new Underwood Pool – which Town Meeting members and residents voted to support with $5.2 million in public funds – appeared to be hanging on a thread.

In the end, the committee decided to toss the dice and see if it could raise the nearly $400,000 in just under four weeks.

A pair of fortunate choices

As the project’s fate appeared sketchy, two fortunate decisions were made that would change the pool’s destiny. The first was selecting Schreiber to lead the fundraising task.

After a career as a software engineer, Schreiber was co-founder of the Boston Children’s Chorus, campaign manager for State Senator Will Brownsberger, and is now the finance director for a non-profit organization. Schreiber is best known around these parts as being the driving force with Diane Miller in rebuilding Joey’s Park adjacent to the Winn Brook School, raising more than $450,000 and recruiting more than 2,000 volunteers for a nine-day community build.

If you’re looking to get something done, Schreiber will be a good person to head it.

“Ellen is the perfect person for the job,” said Paulsen.

But even for someone who is accustomed to cultivating funds, the initial time limit and amount required was a challenge, said Schreiber.

“It was a lot of money to raise and we had a very short deadline. It was very intimidating, at first,” she said.

Schreiber and the committee caught a break early on when New England Builders agreed to keep its $4.55 million bid open for an additional month, until Oct. 30, providing some breathing room needed to raise the money.

The next fortunate decision was who Schreiber decided to visit first. Following the advice of Willie Sutton, Schreiber headed to where they keep the money. In Belmont, that’s 2 Leonard St., to talk to the man in charge of Belmont’s oldest and one of its largest institutions.

Since becoming President and CEO in June 2010, Bob Mahoney has transformed Belmont Savings Bank from a sleepy depositors-owned institution to a growing stock-issuing regional institution, doubling its asset size to $1.2 billion while expanding its retail operations into three nearby communities through its Star/Shaw’s supermarket branches.

Mahoney had read news reports about the pool committee losing its low bidder and the predicament it and the town found itself.

“I started thinking about it and even sent a note to the town’s Treasurer [Floyd Carman] with some ideas to bridge the gap,” said Mahoney.

Then in a moment of Kismet, Schreiber called Mahoney the next day.

“She said they were trying to pass the hat to raise $400,000, and she wanted to come over and talk to me,” Mahoney recalled.

In another coincidence, the board of the bank’s community and charitable entity, the Belmont Savings Bank Foundation, was meeting the next morning. When he brought up his conversation with Schreiber and the position the town was facing, many on the board began recalling their memories of visiting the pool. A senior member told how his father, who was a lifeguard, and mother, a swim team member met at the Underwood.

“That’s where I said, ‘I think we need to take a leadership role because [the pool] effects so many people.’ Then we started talking numbers,” said Mahoney.

How about $25,000? Somebody raised the figure to $100,000.

Going all in

As a poker player sitting on a good hand, Mahoney decided to go “all in” by upping the ante to $200,000.

“I said if we want to be serious about getting this done, we needed that amount because there was not enough time to raise $300,000,” said Mahoney.

But $200,000 is something that can be done,” said Mahoney, noting the foundation – which receives its funding from stock shares it holds bought at bank’s initial public offering in 2011 – could contribute the amount since the bank stock has risen significantly.

“It’s a way of sharing the bank’s success with the town,” he said.

In one fell swoop, the fundraiser goal facing Schreiber was cut in half.

“The bank came through for us,” said Schreiber. “From my experience, this amount was unprecedented, unheard of.”

Just as important, the bank’s contribution was seen by many donors as a vote of confidence in the Underwood project and the fundraising campaign.

“It got us half way there and so people immediately became excited. It was a powerful statement because [reaching the $400,000 goal] was now a possibility,” said Schreiber.

With Belmont Savings’ financial and business backing, Schreiber did what she does best; convincing people to join “something special.”

The money started rolling in from all directions, more than 400 donations ranging from $10 to $25,000.

“No one gives money to something they don’t care about and clearly they cared about the Underwood pool. People sent notes with their checks and told about their memories, how their children learned to swim there, how they love the fact that the town has a facility anyone can come to,” said Schreiber.

Within three weeks after the bank’s contribution, Schreiber and Mahoney were able to come together to put their stamp (or sticker) on the success of their collaboration.

“It turned out to be a perfect fit for the bank,” said Mahoney. “The donation is what we are about and what the town needed, all coming at right time and the right amount.”

Schreiber looked back at the effort preserving outdoor summer swimming in Belmont more succinctly.

“People just gave from their hearts.”

Breaking News: Pool Fundraiser Reaches Goal to Construct New Facility

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The Underwood Pool Building Committee has reached its fundraising goal of $388,000 to meet the lowest bid to construct the new Underwood Pool complex, according to Ellen Schreiber, the committee member who headed the fundraising drive.

“This will allow the Underwood Pool Building Committee to award the construction contract and get started on the project ASAP, following the expected acceptance of the donations by the Belmont Board of Selectmen. The contractor has said that, if the winter weather cooperates, he will try to have the pool ready for next summer,” said Schreiber.

The fundraiser was started in September after a general contractor withdrew a bid within the Committee’s $4.2 million budget to construct a new two-pool complex to replace the current 102-year-old facility at Cottage Street and Concord Avenue. The next lowest bid came in at $4.6 million.

The fundraiser was given a considerable boost after the Belmont Savings Bank Foundation, the charitable offshoot of the Belmont Savings Bank, gave the committee a $200,000 grant in September.

The full story will be available after 1:30 p.m.