Lacey Dam, located in Pisgah, Iowa, along the TR-Soldier River, was completed in 1968 by the USDA NRCS. This private dam serves multiple purposes, including fire protection and as a small fish pond, with a storage capacity of 50 acre-feet. The dam stands at a height of 34 feet and stretches 457 feet in length, with a surface area of 3 acres and a drainage area of 0.3 square miles.

Despite its low hazard potential, Lacey Dam is regulated and permitted by the Iowa DNR, with regular inspections and enforcement to ensure its safety and compliance. The dam is classified as an earth dam with a soil foundation and an uncontrolled spillway. While the condition of the dam is currently not rated, the risk assessment for Lacey Dam is moderate, emphasizing the importance of proper risk management measures to mitigate any potential hazards.

Lacey Dam plays a crucial role in the local community for both water resource management and recreational purposes. With its strategic location and design, this dam stands as a testament to the importance of sustainable water infrastructure and climate resilience practices in safeguarding our natural resources for future generations.