That problem is a statue, intended to represent Lucille Ball, comedian and star of “I Love Lucy” (and Celoron native).
It is in no way intended to be a referendum on the quality of its artist’s other work when I say that this statue is an Eldritch Horror that must be removed before it wakens at midnight to devour the town and all its citizenry. It looks like the thing that comes out of the swamp at the end of the movie and eats everyone. It is a nightmare dressed like a nightmare. It will go riding through the sky into your dark dreams, gnashing its iron teeth. Do not blink around it, or I dread to think what will happen. It will make you poop out at parties, all right. (For more in this vein, see The AV Club’s piece on the subject.)