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Indian Creek Festival began in 2003 as a celebration of when the first section of Indian Creek in downtown Caldwell was uncovered. What was once a small gathering in a parking lot has become a two-day festival that spans blocks in downtown Caldwell. This community event has evolved over the years and includes a car cruise, car show, chalk art contest, and a local marketplace. On Friday night the plaza features live music, also known as Oldies on the Plaza but the most anticipated event is the cardboard kayak race where teams compete to see who can build the fastest, watertight kayak out of just cardboard and duct tape.