Ball Ventures Receives River Commons OPA and Promissory Note
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Description
Idaho Falls Redevelopment Agency maintains an ongoing Owner Participation Agreement with Ball Ventures for River Commons District infrastructure, including a promissory note issued in 2009 and anticipated total assistance over $10.5 million.
Contract Details
Contract Amount
$10,552,602 (anticipated total assistance); $8,812,602 promissory note (2009); $40,000 cash
Vendor
BALL VENTURES
Agency
City of Idaho Falls, ID
Contract Type
PROFESSIONAL_SERVICES
Document Date
March 19, 2026
Contract Term
Owner Participation Agreement initiated March 2005; Amended Recourse Note January 2009
Renewal Info
OPA executed March 2005, amended January 2009, ongoing obligations for assistance up to $10,552,602.
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