A backhoe excavator fell off a barge and is sitting on the bottom in the main channel of Lake Norman between markers #2 and #3. The GPS location as determined by the East Lincoln Fire Dept. is 35 deg 28.645 min N, 080 deg 56.960 min W. The excavator is sunk in approximately 88 feet of water with at least 70 feet of water over its highest point, and poses no hazard to navigation. It is marked on the surface by an orange plastic buoy approximately 2.5 feet in diameter. The buoy is unlighted except for glow-sticks that are periodically attached to it by the East Lincoln Fire Dept. Boaters should exercise caution while navigating in the vicinity of this buoy. The East Lincoln Fire Dept is the contact point for any information.