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• AD. SUMMARY <br /> The City of Elk River is establishing Tax Increment Financing District No. 21 to preserve and <br /> enhance the tax base, to develop underutilized areas, and increase employment of the City. The <br /> Tax Increment Financing Plan for Tax Increment Financing District No. 21 was prepared by the City <br /> of Elk River, 13065 Orono Parkway, Elk River, Minnesota 55330, telephone (612) 441-7420. <br /> IP <br /> • Tax Increment Financing District No.21 Page II-16 <br />