Pursuant to the Town of East Hampton, Office of the Collector of Taxes, there are outstanding taxes due and owing the Town, in the amount of $10, 879.06, as of October 31, 2001. The successful high bidder is buying the property subject to the monies due and owing the Town.

The site contains a land area of approximately 2.1 Acres, or 91,389 square feet. There is approximately 312 feet of frontage along Summit St., and approximately 184 feet of frontage along the southeasterly side of Bevins Rd. Site improvements include concrete paved and gravel parking areas for approximately 30 vehicles, sanitary sewers, electricity, telephone, and public water. A pond is located on the easterly portion of the subject property.

Property improvements consist of a multi-building, multi-tenant, mill type industrial complex. The main complex varies from 1 to 3 stories and is primarily brick on post and beam construction. There is an additional 2 story metal-sided building, as well as a single story brick, garage building.

The complex has a gross building area of approximately 45,717 square feet. Ceiling heights vary throughout the complex from 9 to 12 feet.

The complex is heated via an oil-fired central furnace and a combination of suspended heat blowers and baseboard delivery system.

Approximately 22,000 square feet are occupied.