The Valley’s favorite parade that floats! Tempe Town Lake lights up at this annual water parade. A unique holiday event that features festively lighted boats of all sizes (This is also the only time that motorized boats are allowed on the lake). Starting at 4 p.m., 6th Street Market vendors will also fill up Tempe Beach Park with hundreds of hand-crafted items for sale. Bring your camera to take free holiday pics with Santa. Boat parade starts at 7 p.m.  Free.