The Bassett Creek Watershed Management Commission adopted its current Watershed Management Plan (the Plan) at its September 16, 2004 meeting. This "second generation" plan was prepared in compliance with the provisions of the Minnesota Rules Chapter 8410, the Metropolitan Surface Water Management Act, the Water Resources Management Policy Plan, and other approved regional plans. The Plan was approved by the Minnesota Board of Water and Soil Resources on August 25, 2004. The Plan sets the vision and guidelines for managing surface water within the boundaries of the BCWMC.
In 2014, all nine member cities of the BCWMC signed an amendment to the JPA extending its term to January 1, 2025.