May 5 Local News Pegasus Parade and Derby Traffic Update The Pegasus Parade will begin this afternoon, and a number of downtown streets will be closed for much of the day. You can see the closings here (or scroll down). Look here for road closings and no parking areas. Look here for information on items allowed or disallowed at the Derby. By Gabe Bullard May 5 Local News Pegasus Parade and Derby Traffic Update Gabe Bullard