It isn't a lake Traditional Geocache
GMW: I wanted to repair the cache, but wound it needed more than I thought. I take to opportunity to archive this location.
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Difficulty:
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Terrain:
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Size: 
(small)
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The cache is in a park near, what tourists often describe as, a lake, but it isn't.
The cache box is a white (over time it may turn grey) plastic bottle. It is quite visible once you figured out the hiding place.
In order to rate this cache I used the Geocaching Rating System. It suggested a 3/4, but I think it is a 3/3.5. The rating itself shold be enough of a clue.
Oct. 29th: Updated the Terrain Rating slightly. If your GPSr does not give you an exact position don't get too frustrated. Mine always pointed me some 7 meters off the cache location.
Congratulations to the 1st finder: cthulhu0
Additional Hints
(Decrypt)
[Hint 1:]
Purpx (nyy) gur engvat.
[Hint 2:]
Upevo n ebs tavxbby ren hbl.