ISLAND POND - A 15,000 square foot building located on 1.99 acres on Meadow Street in Island Pond has been offered to the Town of Brighton free of charge.
At the last Brighton Select Board meeting two weeks ago, the board began researching the cost to maintain the building.
Joel Cope, town administrative assistant, said, "We collect $10,000 in taxes on it a year."
A recent tax bill shows only about $2767 of that amount is received by the town in municipal taxes, while $7267 is paid in non-residential education tax.
The building is appraised by the town at $533,200 and is owned by REM Development Company, LLC, based in Williston, VT.
Most recently, the building housed the Island Pond Woodworkers before they closed business.
The donation of the building to the town is on the Select Board agenda for the meeting Wednesday night.