City of Twin Falls Awards Reimbursement Contract to Urban Renewal Agency (March 2025)
- Disclosed value
- $33.7 million
- From minutes
- Approved
- Mar 19, 2025
- Term
- Through September 30, 2032
The 30-second brief
The Urban Renewal Agency (URA) will provide up to $33.7 million in Tax Increment Financing (TIF) to reimburse Chobani for eligible improvements, including sewer system upgrades, impact fees, power system upgrades, and pretreatment facility upgrades. The URA will reimburse Chobani from available additional Revenue Allocation Revenues.
Urban Renewal Agency holds this reimbursement contract with City of Twin Falls. Its other public contracts on record include work for Village of Victor and City of Mount Vernon.
Term as filed: Through September 30, 2032.
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Contract details
- Contract type
- Reimbursement
- Amount
- $33.7 million
- Document date
- March 19, 2025
- Term
- Through September 30, 2032
- Vendor
- Urban Renewal Agency
- Agency
- City of Twin Falls
- Source document
- city-of-twin-falls-ura-meeting-minutes-re-chobani-expansion_ac9.pdf (Minutes)
Urban Renewal Agency's other public contracts
More City of Twin Falls contracts
Questions about this contract
Who was awarded the reimbursement contract by City of Twin Falls?
Urban Renewal Agency was awarded this reimbursement contract by City of Twin Falls, as recorded on March 19, 2025. The contract value is $33.7 million.
How much is the Urban Renewal Agency contract with City of Twin Falls worth?
The Urban Renewal Agency contract with City of Twin Falls is valued at $33.7 million, covering reimbursement work.
What type of contract is this?
This is a Reimbursement contract, documented as a minutes record.
Where was this contract approved?
This contract appears in city-of-twin-falls-ura-meeting-minutes-re-chobani-expansion_ac9.pdf (Minutes), dated March 19, 2025 from City of Twin Falls. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Urban Renewal Agency hold?
Urban Renewal Agency may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Twin Falls currently buying?
Explore City of Twin Falls's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.