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Page 2 of 15 EDA & City Council Approved April 17, 2017 <br /> <br /> <br /> <br /> <br />Table of Contents <br /> <br />I. Policy Purpose 3 <br /> <br />II. Difference Between Tax Abatement & <br /> Tax Increment Financing 3 <br /> <br />III. Objectives of Tax Abatement 3 <br /> <br />IV. Policies for the Use of Tax Abatement 4 <br /> <br />V. Project Qualifications 5 <br /> <br />VI. Subsidy Agreement & Reporting Requirements 6 <br /> <br />VII. Application Process for Tax Abatement 7 <br />city of Elk River <br />Application to Other Jurisdictions <br /> <br />VIII. Application for Tax Abatement 8 <br />Applicant Information <br />Project Information <br />Public Purpose <br />Sources & Uses <br />Additional Documentation and Checklist <br /> <br />IX. Sample But-For Analysis 13 <br /> <br />X. Application Review Worksheet 14 <br /> <br /> <br /> <br />