URA Raises Line of Credit on Chobani Project
Twin Falls (KLIX)- The Twin Falls Urban Renewal agency increased its line of credit with Chobani. The original Agreement set the line of credit at about $17million dollars. Since then the size of the project and costs associated with infrastructure has increased. The URA approved to increase its credit to about $23 million dollars. It also moved to extend the maturity date on the loan from June 1st to July31st.