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Table of Contents <br /> I. Policy Purpose 3 <br /> II. Difference Between Tax Abatement & <br /> Tax Increment Financing 3 <br /> III. Objectives of Tax Abatement 3 <br /> IV. Policies for the Use of Tax Abatement 4 <br /> V. Project Qualifications 5 <br /> VI. Subsidy Agreement & Reporting Requirements 6 <br /> VII. Application Process for Tax Abatement 7 <br /> Ci",of Elk River 7 <br /> Application to Other Jurisdictions 7 <br /> VIII. Application for Tax Abatement 8 <br /> Applicant Information 8 <br /> Project Information 9 <br /> Public Purpose 9 <br /> Sources & Uses 10 <br /> Additional Documentation and Checklist 11 <br /> IX. Sample But-For Analysis 12 <br /> X. Application Review Worksheet 13 <br /> XI. City of Elk River Business Subsidy Policy 15 <br /> Page 2of14 P 0 W E R E 9 RI <br /> INMU <br />