Ponds the size of three football pitches are being planned to combat flooding in the Old Malton area if the multi-million pound scheme for a new livestock market and business park gets the green light.
The news was given to members of Malton Town Council in a face-to-face meeting with representatives of the Fitzwilliam Trust Corporation on Tuesday last week.
Charles Vyvyan, of Commercial Development Projects, and engineer Andrew Fairbairn updated councillors about the plans for the prime site near Eden Camp modern history museum, Old Malton.
Mr Vyvyan said the site would cover some 17.5 hectares and the ponds would be built to retain potential flood water in heavy rain storms.
Yorkshire Water, he added, had backed the idea because the scheme would be able to cope with a one-in-100 year flood.
Councillors were also told that treatment works to deal with foul water from the market site would be put in place.
It also emerged that North Yorkshire County Council is currently carrying out a study on flooding issues in the Old Malton area.
In addition to the ponds, the corporation is planning to install a £100,000 pump to hold back flood water.
Mr Vyvyan also outlined details of the plans to build a total of 300 homes on sites at Rainbow Lane, Westgate, Malton and Old Malton which, he said would help fund the building of the market.
He added that the Corporation was likely to contribute £1.3 million to provide extra schools places in the Malton area as a result of the 300 home developments.
The livestock market would be an anchor development for the site which would also incorporate an agricultural college facility.
Ryedale District Council’s planning committee is expected to make a decision on the scheme later this summer.