Philadelphia Mayor Michael Nutter speaks during a signing ceremony, Monday, Jan. 13, 2014, at City Hall in Philadelphia. Nutter signed an ordinance Monday that creates a municipal land bank. It’s a public agency that will be responsible for overseeing about 40,000 empty parcels citywide. By consolidating management under a land bank, officials hope to streamline acquisitions, speed redevelopment and reduce blight. (AP Photo/Matt Rourke)
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