By Brad Segall

DOYLESTOWN, Pa. (CBS) - The streets of Doylestown, Bucks County would typically have been filled with hundreds of people September 7th for First Friday but the organization that runs the popular event says its run its course and it will no longer continue operations.

First Friday was designed to showcase musicians and artists by giving them a venue to perform in before the crowds of people who would show up and stroll around the borough. It was also an opportunity for the town’s retailers to boost sales.

The reason for shutting it down is problems fulfilling the requirements for funding and volunteers. First Friday volunteer Jill Kahlenberg hopes it can return in one form or another.

“We’re all hoping that something like that happens but we’re not officially involved in any discussion at this time, but hopefully it plants the seed for someone to pick up this effort and turn it into something better than it was before,” she says.

Kahlenberg says it had a great eight year run and the decision had very little if anything to do with an anti-First Friday movement where some residents had asked borough council to step in earlier this year and suspend the event.