The first full weekend of every February, Cordova rolls out the red carpet and welcomes guests from all over the world the the annual Cordova Iceworm Festival. In 1961, a few Cordovans created the Iceworm Festival as a way to break up the winter blues.  Since then, the event has turned into one of the most successful festivals in Alaska.  Three days of fun-filled events showcase Cordova's talents, hospitality and sense of humor.  The Iceworm Variety Show features local performers and is the stage for the Miss Iceworm coronation.  Groups of locals race down the docks, jump into survival gear and dive into the icy harbor waters in the annual Survival Suit Race.