Franktown Parker Fplg-1, also known as Lake Gulch-1, is a local government-owned structure in Franktown, Colorado, designed by the USDA NRCS for flood risk reduction. Completed in 1962, this earth dam stands at a height of 33 feet with a structural height of 38 feet and a length of 838 feet. It has a storage capacity of 281 acre-feet and a maximum discharge of 3529 cubic feet per second.

Located in Douglas County, Colorado, along the Lake Gulch stream, this dam has a low hazard potential and fair condition assessment. While it does not have a spillway, it meets state regulations and undergoes regular inspections. The surrounding area has a high flood risk rating, emphasizing the importance of this dam in mitigating potential disasters. With a focus on flood risk reduction, Franktown Parker Fplg-1 plays a crucial role in water resource management and climate resilience efforts in the region.