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<br />Table of Contents <br /> <br />I. Policy Purpose <br /> <br />II. Difference Between TRF & TIF <br />3 <br /> <br />III. Objectives of Tax Rebate Financing <br /> <br />IV. Policies for the Use of TRF <br /> <br />V. Project Qualifications. <br /> <br />VI. Subsidy Agreement & Reporting Requirements <br /> <br />VII. Application Process <br />City. of Elk River <br />Application to Other Political Subdivisions <br /> <br />VIII. Application <br />Applicant Information <br />Project Information <br />Public Purpose <br />Sources & Uses <br />Checklist & Additional Information <br /> <br />IX. Application Review Worksheet <br /> <br />X.. Exhibits <br /> <br />A Corporation/Partnership Description <br />B Project Description <br />C Shareholders <br />D Butfor Analysis <br />E Prospective Lessees <br />F Legal Description and PID Number <br /> <br />XI. Sample But-For Analysis <br /> <br />City of Elk River <br />Tax Rebate Financing Policy, Amended August 2002 <br /> <br />7 <br />7 <br /> <br />8 <br />9 <br />9 <br />10 <br />1 1 <br /> <br />15 <br /> <br />3 <br /> <br />3-4 <br /> <br />4-5 <br /> <br />5-6 <br /> <br />6 <br /> <br />7 <br /> <br />8 <br /> <br />12 <br /> <br />14 <br /> <br />-2- <br />