city, southern Alaska, U.S. Situated at the base of Eyak Mountain on Prince William Sound in the Gulf of Alaska (Alaska, Gulf of), it lies about 150 miles (240 km) southeast of Anchorage. Named for its harbour (originally Puerto Cordova 【now Orca Inlet】, explored by the Spaniards in 1792), it was founded in 1908 as a port for the Copper River and Northwestern Railroad, which served the Kennecott Copper Company mines (ceased operations 1938); the mines are now part of Wrangell–St. Elias National Park and Preserve (Wrangell–Saint Elias National Park and Preserve). Oil, discovered in 1902, was also important to the city's economy, but the oil field was destroyed in 1933. The city was damaged by a severe earthquake on March 27, 1964. Fishing, canning, and fur farming are now the economic mainstays, augmented by tourism. Ferry service to Valdez connects Cordova with the Alaskan highway system. Local events include the Cordova Iceworm Festival (February), featuring a parade and fireworks; the Copper River Delta Shorebird Festival (May), when some five million birds feed and rest in the city along their migratory path; and the Copper River Wild Salmon Festival (June; the nearby Copper River is a spawning ground for a highly valued, succulent, red-fleshed species of salmon). Million Dollar Bridge, a railway bridge built in 1908, was converted to vehicular use in 1958. The Cordova Historical Museum and Library features Native Alaskan artifacts and art and contains exhibits on the region's history. The city is the district headquarters for Chugach National Forest. Inc. 1908. Pop. (2000) 2,454; (2006 est.) 2,339.