Bredo Morstoel's corpse has been packed in dry ice in a shed at the mountain town since 1993. He died in 1989 at age 89 and his Norwegian family preserved his body in hopes technology will be developed to bring him back to life.
The 10-year-old festival attracted 15,000 people in March. It features a parade of hearses, frozen salmon tossing and coffin races.
Interim chamber president Blue Hessner says the chamber wants to sell rights to the event and concentrate on business development.
According to the Boulder Daily Camera, the event has become too expensive and the chamber believes an event company could do a better job.
