Peabody marked the 40th International Festival on Main Street with performances, vendor booths and a ceremonial award recognizing long‑running local support. Mayor Ted Bettencourt opened the program, then the Terrigian family presented the Peter Terrigian International Festival Award to North Shore Bank, which accepted on the bank’s behalf.

The Terrigian family framed the award as recognition of community service and long‑term sponsorship at the festival. Nancy Terrigian told the crowd, “My father… loved this city. The people made this city what it was,” and introduced the award. Jackie Terrigian said the bank ‘‘continually step[s] in with a can‑do’’ approach to community projects.

City officials and elected representatives joined the ceremony. State Senator Joan Lovely called the day ‘‘absolutely beautiful’’ and praised the festival’s longevity. State Representative Tom Walsh thanked the organizers and noted the festival’s value to the North Shore.

Kevin Tierney, a North Shore Bank executive, accepted the award and placed the bank’s support in historical context. “North Shore Bank was founded in the City of Peabody in 1888,” he said. He added that the bank’s employees and customers are the reason the institution supports local events.

The festival program emphasized volunteer contributions and sponsorships that fund the event; the printed program and onstage remarks repeated the list of sponsors and noted a grant from the Mass Cultural Council. Organizers asked the public to thank volunteers and to continue supporting local businesses on Main Street.

The presentation closed with a call to enjoy the day’s performances and the many vendor booths lining downtown Peabody. The mayor thanked volunteers, public safety personnel and sponsors as the ceremonies concluded.

The award presentation and speeches were ceremonial recognitions; no formal city vote or ordinance accompanied the presentation.