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Findlay officials discuss development agreements, roadway and hotel proposals at southwest 99/75
Summary
Committee members reviewed draft development agreements and infrastructure needs for a southwest Findlay site where a hotel and housing developer propose projects. Developers offered multi-year payments to offset roadway costs; staff discussed possible city purchase of parcels and debt issuance if needed.
At a Strategic Planning Committee meeting, staff briefed members on development agreements being negotiated for the southwest corner of state routes 99 and I‑75, where developers have proposed a hotel and additional development and where city-built infrastructure could unlock multiple parcels.
The mayor described a roughly $1,400,000 estimated cost to build the initial connector roadway and said developers proposed multi-year payments to help cover that cost. "If you're willing to put in infrastructure, we will pay over a 10 year period, for that in investment. So a hundred and $40,000 for…
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