Located in Spicer, Minnesota, Elkhorn Lake Rearing Pond, also known as Structure No. 2, is a local government-owned facility designed by USDA NRCS. This rearing pond, situated on the Crow River Middle Fork, serves primarily for recreational purposes and was completed in 1969. With a dam height of 13 feet and a length of 170 feet, the pond has a storage capacity of 800 acre-feet and covers an area of 72 acres.

Managed by the Minnesota Department of Natural Resources, Elkhorn Lake Rearing Pond is regulated, inspected, and enforced by state authorities to ensure its safety and functionality. Despite being classified as a low hazard potential structure with fair condition assessment, the pond has a moderate risk rating due to its location and design. The last inspection in October 2017 indicated that the facility meets safety guidelines, with an inspection frequency of every 8 years.

With uncontrolled spillways and outlet gates, Elkhorn Lake Rearing Pond poses minimal risk to surrounding areas but still requires ongoing monitoring and management. As a key water resource in Kandiyohi County, this pond not only provides recreational opportunities but also contributes to the local ecosystem's health and resilience in the face of changing climate conditions.