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<br />Table of Contents <br /> <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. Application Process for TIF 6 <br />VI. 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 />VII. Sample But-For Analysis I I <br />VIII. Application Review Worksheet 12 <br />IX. City of Elk River Business Subsidy Policy 13 <br /> <br />City of Elk River <br />Tax Increment Policy & Application <br />Amended May 2006 <br /> <br />Page 2 of 14 <br />