Urban Renewal Agency of the City of Twin Falls 2025 Annual Report
Chobani Industrial Reimbursement Agreement Remains Active
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Description
The Urban Renewal Agency of the City of Twin Falls continues its reimbursement agreement with Chobani Idaho, LLC for project improvements, with an outstanding amount of $14,234,032 as of September 30, 2024. The contract supports industrial infrastructure expansion in the Chobani area and will terminate with the expiry of the revenue allocation area.
Contract Details
Contract Amount
$14,234,032 (as of September 30, 2024)
Vendor
CHOBANI IDAHO LLC
Agency
Twin Falls Airport Board, ID
Contract Type
CONSTRUCTION
Document Date
March 16, 2026
Contract Term
May 9, 2016 – End of Revenue Allocation Area (date not specified)
Renewal Info
Contract concludes with the end of the revenue allocation area; any remaining balance is not subject to recourse.
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