WATERVILLE - Silver Street will be closed to traffic and a live band will perform on the outdoor patio Thursday as part of activities planned for the Annual Downtown Celebration.

The event will be held from 5 p.m. to 6:30 p.m.

The Waterville Main Street Program and city of Waterville will present the Downtown Business of the Year Award at the fourth annual event, according to Shannon Haines, executive director of Waterville Main Street.

The following eight downtown businesses have been nominated by their peers for the award: Blue Marble Gallery / Digital ImageWorks; Bread Box Cafe; GHM Insurance Agency; Joseph's Market; Kennebec Chocolates; KFS; Mainely Brews Restaurant & Brewhouse; and Yardgoods Center.