Urban Renewal Agency of the City of Twin Falls Agenda Packet February 2026
URA Still Owes $16M Under Clif Bar Deal
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Description
The URA’s development agreement with Clif Bar & Company shows $10.2 million in principal and $6.1 million in accrued interest still outstanding.
Contract Details
Contract Amount
$10,234,049 principal outstanding plus $6,140,230 accrued interest
Vendor
CLIF BAR & COMPANY
Agency
City of Twin Falls, ID
Contract Type
FINANCIAL_SERVICES
Document Date
February 17, 2026
Contract Term
Through life of Revenue Allocation Area 4-4
Renewal Date
2034-09-30
Renewal Info
Any remaining debt is extinguished when RAA 4-4 sunsets; no fixed maturity date provided.
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