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The event, last held in 2015, was recently adopted by Sport Clutha.
Sport Clutha co-ordinator Craig Gordon said he and the sporting community were delighted to get the awards back on the calendar.
''This is an opportunity to celebrate local sporting success, and we've a characteristically high calibre of entries reflecting how important sport is to the culture down here.''
Nominees included national and world champions.
''The judges had a tough job selecting the finalists, let alone award winners ... The awards also recognise those who have given so much to sport by way of volunteering and support.''
Future awards would be scheduled as a biennial event, he said.
Tonight's event covers sporting achievements from 2017 and 2018, and takes place at Balclutha's Rosebank Lodge, from 6pm.
Clutha Licensing Trust sports awards 2019 finalists
Junior sportsman: Josh Harrison (shooting), Madison Latta (motocross), Millar McElrea (athletics, rugby, touch, hockey), Ethan Walker (javelin).
Junior sportswoman: Keely Hill (rugby, touch, netball), Kaya Laban (netball), Tia Valli (touch/rugby).
Athlete with a disability: Linda King (bocce, bowls), Aimee Ollerenshaw (bocce, bowls), Reilly Paterson (outdoor bowls).
Team: Blue Mountain College A netball, Clutha Rugby Football Club premier team, South Otago indoor bowls women’s 8s, South Otago High School junior netball team.
Services to sport award, recipients: Sue Adcock, Colleen Fenton, Wayne Carruthers, Shand Thomson.
Coach: Adam Wyber (rugby, touch, cricket), Patrice Wrigley (gymnastics), Vicky Weller (netball).
Sportswoman: Anna Eade (riverboarding), Abby Erwood (netball), Kate Heffernan (netball, cricket).
Sportsman of the Year: Lydon Aoake (basketball), Matt Faddes (rugby), Rory Van Vugt (touch, rugby league, rugby).
Supreme Award: Announced tonight.