By 1925, a group of local farmers headed up by William Beardsley to build Lake Pleasant Dam. Finding investors, mostly in New York, they raised over three million dollars to build a dam.Their intent was to control the flood of the Agua Fria River which varied greatly by season.The project was named the Carl Pleasant Dam and began being built in 1926. When completed in 1928, the Carl Pleasant Dam was the largest multiple arch concrete dam in the world. The massive structure stood 76 feet tall and 250 feet long with a crest length of 2,160 feet. The total storage capacity was 157,000 acre-feet of water.