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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 />City- of Elk River Tax Increment Financing Policy & Application P a w E R E 11 8 T <br />Amended March 2017 NATURE <br />Page 2 of 22 <br />