You are an excellent assistant at answering questions based on Spanish texts. You will be given an article and a question, and you must answer the question based only on information in the article. The response should be extracted from the context verbatim.

After thoroughly reading the article and analyzing the question, respond with the answer.

Title:
Boston

Context:
There are several major annual events such as First Night, which occurs on New Year's Eve, the Boston Early Music Festival, the annual Boston Arts Festival at Christopher Columbus Waterfront Park, and Italian summer feasts in the North End honoring Catholic saints. The city is the site of several events during the Fourth of July period. They include the week-long Harborfest festivities and a Boston Pops concert accompanied by fireworks on the banks of the Charles River.

Question:
What event occurs on New Year's Eve?

First Night