ORLANDO, Fla. -

Orlando Mayor Buddy Dyer is expected to make a big announcement Monday afternoon at Lake Eola.

Mayor Dyer is set to join District 4 City Commissioner Patty Sheehan at 2 p.m. Monday afternoon at Relax Grill at Lake Eola Park to make the announcement of a waterski festival hosted at Lake Eola.

Several of the world's top water-skiers are also expected to be alongside the mayor as he announces a new water skiing festival and competition at Lake Eola, which is expected to be in the fall of 2012.

Stay with Local 6 for more on this developing story.