Minnesota HF2029 authorizes municipalities to charge a street impact fee for subdivision developments.

Minnesota HF2029 amends state statutes to allow municipalities to charge a street impact fee for subdivision developments. The fee is based on the net buildable acreage of the subdivision, its impact on the municipality's transportation system, or the municipality's transportation plan. The funds collected must be placed in a special fund for transportation-related costs. The bill also outlines procedures for disputes over the fee, including the right to appeal and the conditions under which the fee may be contested. Resubdivided property with the same number of lots is exempt from the fee.

Minnesota HF2029 authorizes municipalities to charge a street impact fee for subdivision developments.

Minnesota HF2029 amends state statutes to allow municipalities to charge a street impact fee for subdivision developments. The fee is based on the net buildable acreage of the subdivision, its impact on the municipality's transportation system, or the municipality's transportation plan. The funds collected must be placed in a special fund for transportation-related costs. The bill also outlines procedures for disputes over the fee, including the right to appeal and the conditions under which the fee may be contested. Resubdivided property with the same number of lots is exempt from the fee.