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1Y <br /> Within the City but outside of TIF Districts • <br /> Financing from the dedicated tax increment fund can be provided in annual installments to the applicant <br /> based on the positive cash flow balance in the Economic Development Authority's dedicated tax increment <br /> fund and need for assistance based on analysis of the "but for" test for the project. The dedicated tax <br /> increment fund includes a value based on the use and is adjusted along with the budget process and goals and <br /> objectives for economic and redevelopment on an annual basis. <br /> APPLICATION FOR TAX INCREMENT FINANCING ASSISTANCE: <br /> The Mounds View Economic Development Authority requires that an Application for Tax Increment <br /> Financing Assistance (Attachment A) be completed and a deposit be collected from the applicant for the <br /> EDA's consultants to investigate the feasibility and need for providing Tax Increment Financing assistance <br /> (Attachment B). <br /> SUBMITTAL OF APPLICATION FORMS: <br /> Applicants requesting Tax Increment Financing assistance within an existing district or in the creation of a <br /> new district, shall be required to complete and submit the following: <br /> 1. Application for Tax Increment Financing Assistance <br /> 2. Deposit for Review of Tax Increment Financing Assistance <br /> • <br /> 3 <br />