Urban Renewal Agency of the City of Twin Falls Agenda Packet February 2026
URA Owes $14M to Chobani Under Agreement
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Description
URA carries a $14.2 million reimbursement obligation to Chobani Idaho LLC for site and utility improvements supporting the yogurt plant expansion.
Contract Details
Contract Amount
$14,234,032 outstanding reimbursement obligation
Vendor
CHOBANI IDAHO LLC
Agency
City of Twin Falls, ID
Contract Type
FINANCIAL_SERVICES
Document Date
February 17, 2026
Contract Term
Through life of Revenue Allocation Area 4-3
Renewal Date
2036-09-30
Renewal Info
Agreement terminates with the sunset of RAA 4-3; unpaid balance is forgiven after area closure.
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