Holly 2, located in Murray, Minnesota, is a privately owned dam with a height of 29 feet and a storage capacity of 50 acre-feet. The dam, designed by Bolton & Menk Eng, is regulated by the Minnesota Department of Natural Resources and undergoes regular inspections and enforcement to ensure its safety and compliance with state regulations. With a low hazard potential and a condition assessment of "Not Rated," Holly 2 plays a critical role in managing water resources in the area.

Although the primary purpose of Holly 2 is not specified, its design as an earth dam suggests a focus on flood control and water retention. The dam's location in Minnesota's Congressional District 07 highlights its importance in the region's water infrastructure. Despite having a normal storage capacity of 16 acre-feet, Holly 2's maximum storage of 50 acre-feet indicates its ability to handle varying water levels and provide essential water resource management in the area.

While Holly 2 has not been rated for condition assessment, its low hazard potential and adherence to state regulations make it a vital asset for water resource management in Murray, Minnesota. As an integral part of the local water infrastructure, Holly 2 serves a crucial role in mitigating flood risks and ensuring sustainable water management practices in the region.