Scott,
Thank you for your suggestions.
There is a ditch cut in beyond the overflow that runs to a slough at the bottom of the property so moving it would be quite a chore and there is no erosion occuring back there.
I do have a 3' deep settling area cut into the inflow right before the small waterfall which is under the bridge and the water is good and clear before it gets to the pond.
I will talk with a few operators I know and check into the digging. Will I have to reline with Sodium Bentonite after that?