Shavano Valley #2 (Sv-2) is a public utility dam located in Olathe, Colorado, within Montrose County. Built in 1996 by the USDA NRCS, this earth dam stands at a height of 38 feet and serves the primary purpose of flood risk reduction along the Uncompahgre River. With a storage capacity of 414 acre-feet, the dam covers a surface area of 21 acres and has a drainage area of 3 square miles.

Despite its satisfactory condition assessment as of October 2019, Shavano Valley #2 poses a high hazard potential, indicating the need for regular inspections and risk management measures. The dam's uncontrolled outlet gates, coupled with its high risk assessment, highlight the importance of emergency preparedness and adherence to safety guidelines in case of potential inundation events. With a high-risk rating of 2, stakeholders must remain vigilant in monitoring the dam's structural integrity and implementing necessary precautions to mitigate potential hazards.

Situated in the Albuquerque District, Shavano Valley #2 stands as a crucial infrastructure for flood risk reduction in the region. With its proximity to the Uncompahgre River and its vital role in safeguarding the surrounding area, this dam serves as a testament to the collaborative efforts of the Natural Resources Conservation Service and state regulatory agencies in ensuring the safety and resilience of water resources in Colorado.