Second Amendment to the Urban Renewal Plan for Revenue Allocation Area #4-3
Twin Falls
Description
A draft amendment to the urban renewal plan covering the Chobani revenue allocation area, tied to Chobani's expansion plans, with a proposed extension of up to 15 years. Final action is set for a special meeting on August 31.
Impact summary
Keeps tax increment flowing to the Agency through 2046 to fund infrastructure for Chobani's 170 new jobs and $1.5 billion expansion; the improved roads and utilities also open land for other east-side development.
Applicant
- Name
- Urban Renewal Agency of the City of Twin Falls
At a glance
- Hearings
- 3
- Public comments
- 0
- Total mentions
- 3
Last vote · Urban Renewal Agency
Last discussed Aug 31, 2026.
Meeting timeline (3)
City Council - Aug 31, 2026
Informational transmittal of a plan amendment extending the Chobani-area urban renewal district up to 15 years to fund roughly $53 million in public infrastructure; a public hearing and ordinance vote is expected November 9.
Urban Renewal Agency - Aug 31, 2026
The Agency approved extending the Chobani-area tax increment district 15 years to December 15, 2046, to fund road, water, sewer, electrical and impact-fee improvements for Chobani's $1.5 billion expansion.
Urban Renewal Agency - Aug 17, 2026
The draft amendment would extend the Chobani tax-increment area from 2031 to 2046 to fund roughly $60 million in roads, power, water and wastewater improvements for the company's $1.5 billion expansion. Board input was mixed on a 10- vs 15-year extension; final action is set for August 31.
Related issues (2)
We'll email you when it's on an upcoming agenda, when it's voted on and when its status changes, at most once a day.
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