A new event is being planned for this year’s Waterfront Festival in Menominee. Teams of three to four people will compete for three trophy awards in the boatbuilding competition and dingy dash, sponsored by Fincantieri Marinette Marine. The top prize, the Black Pearl will be awarded to the winner of the boat race that will be held after the building of the boats. There are also awards for the vessel that best exemplifies the spirit of boatbuilding and a trophy for the least sea-worthy boat. The competition takes place on Saturday, August 4th beginning at 11:00 AM and team entry costs $50. There are a limited number of entries available and registration is due by July 10th. Applications and the complete list of event rules are available online at waterfrontfestival.info.