Municipal land dedication requirements and authority amended.

HF 1135 amends Minnesota Statutes section 462.358, changing how municipalities can require developers to provide public spaces like parks, trails, or utilities for new subdivisions. It allows cities to accept cash fees (based on fair market value) instead of land dedication, with fees capped at 10% of the subdivision’s value, and mandates that collected funds go exclusively into a special fund for park/trail acquisition or development - never for ongoing operations. Developers would pay fees based on land value, and cities must track and report how funds are used. The bill directly affects residential developers and municipalities adopting these rules under Minnesota’s local land-use regulations.