Fletcher Dam, located on Hay Creek in Antelope, Nebraska, is a privately owned structure designed by the USDA NRCS and completed in 1985. The dam serves the primary purpose of flood risk reduction and stands at a height of 27 feet with a hydraulic height of 25 feet. With a storage capacity of 158 acre-feet, the dam covers a drainage area of 2.8 square miles and has a normal storage level of 14 acre-feet.

Despite its low hazard potential, Fletcher Dam is regularly inspected by the Nebraska Department of Natural Resources to ensure its structural integrity. The dam's condition has been assessed as fair, with the last inspection taking place in November 2019. The surrounding area covers approximately 4 acres, providing essential protection to the city of Verdigris and its residents in case of flooding events.

Managed by a private entity, Fletcher Dam plays a crucial role in mitigating flood risks in the region. As part of the state-regulated infrastructure, the dam continues to be monitored and maintained to uphold its function effectively. Water resource and climate enthusiasts can appreciate the significance of Fletcher Dam in safeguarding the local community and environment from potential water-related hazards.