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Table of Contents <br /> I. Purpose 3 <br /> II. Definition of"Business Subsidy" 3 <br /> III. Public Purpose Objectives of Business Subsidies 5 <br /> IV. General Policies for the Use of Business Subsidies 5 <br /> V. Guidelines for Commercial/Industrial <br /> Business Subsidies 6 <br /> VI. Subsidy Application Process and Procedure 7 <br /> VII. Subsidy Agreement and Reporting Requirements 7 <br /> City of Elk River Business Subsidy Policy <br /> Amended April 2015 P O M E I E I 1 1 <br /> Page 3 of 8 NATURE <br />