City to create developers agreement for $6 million project

The Hayward City Council on Monday, Jan. 14, directed its city attorney to draft a developer’s agreement over future use of tax incremental finance (TIF) dollars for a proposed $6 million apartment development.

Jeremy Hill of Hill Construction requested the developer’s agreement to help him acquire financing for the proposed eight-building, 64-unit apartment complex he wants to build on a parcel located south of Hospital Road and north of Highway 27-77.

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- - Volume: 7 - WEEK: 4 Date: 1/24/2019 8:36:28 AM -