LAKE PLACID - The town of North Elba has completed the purchase of 8.5 acres of land in Ray Brook that it needs to drill a new well.
The town paid $23,000 for the land, which was owned by Dana Peryea and is located beside a dirt road near the Saranac Lake Golf Club.
Town Supervisor Roby Politi said one of the wells that fed the Ray Brook Water District "went bad" several years ago. The state Department of Health told the town it needed a new well as a backup.
The deed for the land doesn't include future building rights, but the town will be allowed to construct accessory structures for the new well. The town will need to fence in the well, and the size of the land meets a state mandate that requires the well to have a 200-foot buffer zone around it.
Town Councilman Derek Doty has met with a hydrologist. He said the board has begun discussing different sites to drill on.
Doty said the primary goal of the project "is to secure the current users in Ray Brook Water District and not look for more sources other than what is currently needed.
"The hydrologist said the well could pull in more than what's being projected," Doty added.
The property was appraised at $22,500. Ron Briggs, attorney for the town, said the purchase price was "fabulous."