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Table of Contents <br />I. Policy Purpose <br />3 <br />II. Objectives of Tax Increment Financing 3 <br />111. City of Elk River Policies for the Use of TIF 4 <br />IV. Project Qualifications 5 <br />V. Application Process for TIF 6 <br />VI. Application for TIF 7 <br />Applicant Information 7 <br />Project Information 8 <br />Public Purpose 8 <br />Sources & Uses 9 <br />Checklist & Additional Information 10 <br />VII. Sample But-For Analysis <br />VIII. Application Review Worksheet <br />12 <br />IX. City of Elk River Business Subsidy Policy 13 <br />City of Ells River <br />Tax Increment Policy & Application <br />Amended May 2006 <br />Page 2 of 14 <br />