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•City of Elk River TIF Policy Considerations determine the fair market value of the landappraiser agreed upon by the city and developer will party property price is in excess of fair <br /> market value. A thirdTIF will not be used in circumstances where land and/or •TIF will not be used to supplant cash equityof ten percent (10%) cash equity investment in the project. <br /> Developers receiving TIF assistance shall provide a minimum •determine the need for and level of assistancefor” test to Each project is required to meet the “but <br />