The Prior Lake Association and Knotty Oar Marina will again sponsor the city’s annual boat parade on July 4.

The parade of decorated boats will depart at 1 p.m. that day in front of Charlie’s on Prior with judges stationed in the no-wake channel near the Knotty Oar Marina, according to Ron Hoffmeyer, president of the Prior Lake Association. Boats will then traverse under the Wagon Bridge, through the no-wake channel and end near Reed’s Island.

Local residents are encouraged to enter the yearly summer event by joining friends, neighbors and co-workers in creating an innovative boat float. Prizes will be awarded to the best float entries, including a $500 cash prize to the first-place finisher. The second-place award is a $250 cash prize, and the third-place winner will earn $100.

Hoffmeyer said the association will follow its usual tradition that draws playful and interesting parade enthusiasts. A $250 prize will again be awarded to the “Most Patriotic” themed entry and another $250 to the best “Laker Pride” float.

Parade registration forms are available at the Knotty Oar. The form can also be found on the association’s website.

July 4 festivities will conclude with a fireworks display that is scheduled to begin at 10 p.m., also hosted by the Prior Lake Association through financial contributions made by local businesses and service organizations.