Dustin said he doesn't understand why the town doesn't just borrow the money to purchase the portion of land where the water pipes are, which he said is less than one acre.
"The town has the ability to borrow funds. Again, we're talking 0.11 acres. The town has the ability to borrow money," he said. "I don't believe that it's accurate to say that the town can't borrow the money."
Dustin said it doesn't make sense for the town to swap up to 9.5 acres of land for using such a small portion of acreage on Guptill Holding Corp. property.
Town Attorney Michael Magguilli said the town does have an interest in parts of the Guptill Holding Corp. land, referring to a comprehensive plan drawn up by the previous administration that recommends acquiring a rare kettle bog, which could contain fossils, located on the Guptill Holding Corp. land.
"Why would the town borrow?" asked Magguilli. "We want the kettle bog. It's part of the comprehensive plan and this is the opportunity to acquire a piece of land with high-priority conservation."
Still, Magguilli said, nothing is final yet. The town is still not certain that it would be swapping for the kettle bog, or that it would be swapping land at all. In the event that land is swapped, a public hearing would be held prior to any finalization.
For more on this story, check back at www.spotlightnews.com, or read the Wednesday, Oct. 21, print edition of the Colonie Spotlight.