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