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Table of Contents <br /> I. Policy Purpose 3 <br /> II. Objectives of Tax Increment Financing 3 <br /> III. City of Elk River Policies for the Use of TIF 4 <br /> IV. Project Qualifications 5 <br /> V. Subsidy Agreement & Reporting Requirements 6 <br /> VI. Application Process for TIF 6 <br /> VII. 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 /> VIII. Sample But-For Analysis 11 <br /> IX. Application Review Worksheet: <br /> Commercial-Industrial Projects 12 <br /> X. Application Review Worksheet: <br /> Housing Projects 14 <br /> City of Elk River Tax Increment Financing Policy&Application p 0 W E R E D e r <br /> Amended February 2014 <br /> Page 3 of 15 INAWRE <br />