City To Pursue Refunding Of 2014A Wastewater Bond

Twin Falls plans to initiate refunding of its 2014A Wastewater Revenue Bond through the Idaho Bond Bank Authority, paying a $2,500 application fee to pursue refinancing of $22.33 million in outstanding debt. Analyses indicate the City could save roughly $1.0–$1.32 million in future debt service over the remaining eight years.

Scope & details

The full contract record, as filed.

Contract amount

$22,330,000 (outstanding principal to be refinanced); $2,500 application fee

Contract type

FINANCIAL_SERVICES

Contract term

Refinancing remaining 8 years of 2014A Wastewater Revenue Bond

Renewal

This is a refunding of an existing revenue bond via a new loan agreement through the Idaho Bond Bank Authority; future bond maturity will match the remaining approximate eight-year term. No renewal provisions discussed.

Document type

Agenda

Source document

Twin Falls City Council Agenda December 15 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Twin Falls?

Idaho Bond Bank Authority was awarded this financial services contract by City of Twin Falls, as recorded on December 15, 2025. The contract value is $22,330,000 (outstanding principal to be refinanced); $2,500 application fee.

How much is the Idaho Bond Bank Authority contract with City of Twin Falls worth?

The Idaho Bond Bank Authority contract with City of Twin Falls is valued at $22,330,000 (outstanding principal to be refinanced); $2,500 application fee, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Twin Falls City Council Agenda December 15 2025 (Agenda), dated December 15, 2025 from City of Twin Falls. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Idaho Bond Bank Authority hold?

Idaho Bond Bank Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Idaho Bond Bank Authority's profile

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