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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 I I <br /> IX. Application Review Worksheet: <br /> Commercial-Industrial Projects 1 2 <br /> X. Application Review Worksheet: <br /> Housing Projects 1 4 <br /> City of Elk River Tax Increment Financing Policy&Application LIIIIERED <br /> .mended February2014 NATURE <br /> Page 2 of 15 <br />