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City of Elk River, Minnesota <br /> Morrell Trucking Microloan Fund Review <br /> June 18, 2015 <br /> Page 4 <br /> c. All other information as required in the application and/or additional information as may be requested by the <br /> Economic Development Authority <br /> d. Project compliance with all city codes and policies <br /> e. Program Objectives: In addition to quality job and wage creation/retention requirements,the applicant must <br /> meet all Microloan Fund criteria and demonstrate how the proposed activities will meet at least one of the <br /> following objectives: <br /> • The project contributes to the fulfillment of the city's approved and adopted economic development <br /> and/or redevelopment plans <br /> • The project prevents or eliminates slums and blight <br /> • The project increases the local tax base <br /> • The project brings a structure into compliance with an existing building code violation <br />