EL PASO, Texas (KTSM) -- The public can learn more about a major stormwater project that El Paso Water is planning for the Northeast. The water utility will host a "come-and-go" open house on the Will Ruth Pond Project from 5 to 7 p.m. on Thursday, Jan. 23 at the El Paso Police Department's Northeast Regional Command Center, 9600 Dyer. Map of planned Will Ruth Pond Project. Map courtesy of El Paso Water website No formal presentation will be given. The public can learn about the project, which will be built between Will Ruth and Threadgill, by viewing exhibits and speaking with El Paso Water's stormwater project team. This is how El Paso Water describes the project on its website: "Heavy rains can quickly create flash floods in this area, endangering residents and drivers. The 93 million-gallon pond will collect stormwater from Dyer Street and the surrounding area and prevent it from flowing into the neighborhoods downstream of the pond.  "With better flood control, hundreds of homes downstream of the Will Ruth Pond will be mapped out of the floodplain, which could save many homeowners from having to pay for flood insurance. This project also could have a positive impact on property values for those homes." The project is expected to cost $15.5 million and is in the planning stage. Construction will begin when property acquisitions are complete, the water utility said.