The old dam collapsed, on camera (see the video below) in 2019, draining the lake. The infrastructure will be rebuilt. That is almost amazing today. Construction to begin on new Lake Dunlap Dam any day.
And now those dreams are finally a reality, a new dam for Lake Dunlap with an estimated price tag of $35 million.
Doug Harrison is President of the Lake Dunlap Water Control and Improvement District and said the funding for the dam came from the state.
“GBRA has taken out of $40 million loan from the state at virtually zero percent interest that we'll pay back over 30 years,” said Harrison.
The people impacted by the failure will pay to replace the dam. That seems fair, though I'm not sure what the real interest rate should be today. The news story says that they will pay "virtually zero percent." The new dam will also create hydroelectric power, which will contribute to repaying the loan.
The news story linked above has a video that includes an artist's rendering of the new dam, and a view of the current state of the lake. It is a bit more than 2 minutes, though more videos will play if you let them.
Here is video of the collapse. Video shows moment dam gate collapsed at Lake Dunlap. The gate collapse lowered the water levels by 14 feet in the lake.
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