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VII. APPLICATION PROCESS FOR TRF <br /> <br />Ae <br /> <br />CITY OF ELK RIVER <br />Appticant submits the completed application along with a $5,000 application fee. <br />The application fee will be used toward the cost of serwqces provided in the <br />evaluation of financial feasibility, and preparation of legal documents. The balance <br />of the application fee will be returned to the applicant. <br /> <br />City staff reviexvs the application and completes the Application Review' <br />Worksheet. <br /> <br />Results of the Worksheet are submitted to the appropriate governing authorities <br />for prelimma~ approval of the proposal. <br /> <br />If preliminary' approval is granted, all necessary, notices, resolutions and agreements <br />are prepared by City staff and/or consultants. <br /> <br />Publ/c hearing(s) on the proposed project are held. <br /> <br />The EDA or HRA recommends approval or denial of the proposal to the City <br />Council. <br /> <br />7. The City,. Council grants final approval or denial of the proposal. <br /> <br />B. APPLICATIONS TO OTHER POLITICAL SUBDIVISIONS <br /> It is recommended that applicants intenchng to seek TRF from Sherburne County <br /> and/or School District 728 make their apphcarions to those bodies concurrent ~vith <br /> their apphcation to the City of Elk tLiver. For more information on applying for TRF <br /> through Sherburne County and/or School District 728, contact: <br /> <br />Alex Wikstrom <br />Sherburne County Budget / Economic Development Coordinator <br />763-241-2700 <br /> <br />Dr. Alan Jensen <br />Superintendent - School District 728 <br />763-241-3400 <br /> <br />Ci~' of Elk River <br />Tax Rebate Financing Policy, Amended August 2002 <br /> <br /> <br />