The children's fun run will begin at 10 a.m. and the 2.5 mile chase will begin at 10:30 a.m.
There will be a $10 registration fee for those taking part in the 2.5 mile run.
The alleged Lake Champlain creature, "Champ," has been seen near Port Henry for hundreds of years. Crypto-zoologists think the creature may be a plesiosaur, a large under water reptile not seen since prehistoric times.
Champlain sighted "Champ" in July 1609 and described the creature as a "20 foot serpent thick as a barrel with a head like a horse." Some believe that "Champ" is a large lake sturgeon.
In 1977, Sandra Mansi photographed "Champ" while she was having a picnic with friends. This is the best known photograph of the creature. This picture was published by Time and various other magazines. "Champ" has been featured on NBC TV's Unsolved Mysteries and Fox Network's Sightings, as well as on Japanese television and The Today Show. It has been the subject of books and hundreds of newspaper articles.
A "Champ" sightings board at the southern entrance to Port Henry on Route 9N lists the names of people who have seen the lake monster.