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TABLE OF CONTENTS <br /> Policy Purpose 3 <br /> Objectives of Tax Increment Financing 3 <br /> Policies for the Use of TIF 3 <br /> Statutory TIF Districts 4 <br /> Project Requirements 5 <br /> Project Qualifications 6 <br /> Subsidy Agreement and Reporting Requirements 7 <br /> Public Information Notice 7 <br /> Application Process for TIF 8 <br /> Signature Page 9 <br /> Application 10 <br /> Sample But-For Analysis 17 <br /> Application Review Worksheet: 18 <br /> Non-Housing Projects <br /> Application Review Worksheet: 20 <br /> Housing Projects <br /> Cit<r of Elk River Tax Increment Financing Policy&Application P 0 MI F R E ➢ e T <br /> Amended March 2017 <br /> Page 2 of 15 INATURE1 <br />