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Lake Minnetonka, spanning 14,000 acres, is ecologically diverse with high recreational value. The LMCD enforces policies, addressing market failures like overuse, safety risks, and enforcement issues. Policy options include tackling milfoil and overuse problems. Efficient policing is crucial for maintaining resource benefits.
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LAKE MINNETONKA Julia Casparriello and Lee Copeland
A Brief Description • Area of 14,000 Acres • Ecologically diverse • Besides lakeshore residents, Lake Minetonka is frequented by much of the surrounding population • Besides aesthetic values, high recreational value to the area
The LMCD • The Lake Minnetonka Conservation District • determines lake policies • responsible for enforcement of policies
Market Failures • Overuse: the side effects • pollution • erosion • milfoil infestation
Market Failures Cont. • Safety • beach safety • boating accidents • speeding • intoxicated boaters
Market Failures cont. • Enforcement and Policing the Lake • Noise Pollution • Sale of boating permits • Provides security to lake users • Controls overuse and safety
Policy Options • The milfoil problem • high clean-up costs • preventing spread is our focus • monitoring public launches • mandating boat-cleaning • imposing fines on violators • The overuse problem • Control usage without inconveniencing lakeshore residents • Thus, our focus is on parking
More Policy Options • Police force is necessary • enforcing policies of the LMCD • maintaining optimal level of benefits received from the resource