CDVC, I've never heard of such a codec. Aloofman was right, you should specify the format you want in the future. Ok so let me think, it is an AVI contained format file, the codec within it is CDVC, whatever that is. Audio is PCM which is fine. The thing is you are dealing with digitised 8mm rushes which is kind of out of date now, not saying you shouldn't have used it (I don't know what situation you were in) and not being offensive whatsoever, just its something of a challenge with modern day technology is all. Is it 16gigs total or 16gigs per the 4 AVI files you have (total 64gigs)? AVI is generally quite heavy.
I mean it is clearly SD quality and NTSC format. To use in iMovie... which is, I'm sorry to say, is only good for crappy small compressed HD camcorders, not high-end HD professional cameras or film stock rushes such as 8mm. I recommend FCP and Compressor. Although I don't know what your budget is, but in terms of it working, Compressor will certainly be able to re-format it into a readable codec and .mov file.