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12. COMPLIANCE WITH MN BUSINESS SUBSIDY LAW <br /> All developers/businesses receiving financial assistance from the City of Elk River <br /> shall be subject to the provisions and requirements set forth by the City's Business <br /> Subsidy Policy as amended and Minnesota Statutes Sections 116J.993 to 116J.995 <br /> (the "Minnesota Business Subsidy Law") <br /> 10IEREO BI <br /> Page 11 of 18 NATURE <br />