University Lake was constructed by UNC-Chapel Hill as a drinking water reservoir in 1932 by damming Morgan Creek. It holds 450 million gallons and has a 213 acre surface area, with a watershed spanning 30 square miles. Tributaries Morgan Creek, Phils Creek, Neville Creek, Price Creek and Pritchards Mill Creek feed the lake. Orange Water and Sewer Authority (OWASA) owns and manages the lake as a primary drinking water source for Carrboro and Chapel Hill.
Recreation information and map: http://owasa.org/whatwedo/recreation.aspx