(CNN) Heavy rains sent water spilling over a dam in Lynchburg, Virginia, spurring fears that it could collapse, but officials on Friday said the 84-year-old structure was "currently stable and ... there is no immediate fear of dam failure."

The situation was much more dire Thursday, when flooding prompted some evacuations in the city of roughly 80,000 people.

That night, the National Weather Service reported the College Lake Dam could fail, and if it does, "the water depth at Lynchburg could exceed 17 feet in 7 minutes."

The earthen dam was intact Friday morning, the weather service said in an update , but water has been moving over it and into Blackwater Creek about 2 miles southwest of downtown Lynchburg.

City officials said they found no seepage and that engineers would continue to monitor conditions around the clock.

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