This bill changes the rules for how the city sells or trades its surplus properties. It adds a new way for the city to exchange properties with other owners, and makes some other technical changes to the process. This affects the city's management of its properties and potentially the residents and businesses nearby.

Amending Chapter 16-400 of The Philadelphia Code, entitled "Surplus Properties," by adding methodology for disposition by property exchange, and making other technical changes, all under certain terms and conditions.