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Georgia Tech Facilities Inc. is a Georgia nonprofit corporation that promotes and supports the Georgia Institute of Technology, principally by financing and constructing buildings and facilities for use by the Institute. Georgia Tech Facilities Inc. enables Georgia Tech to take advantage of alternative funding sources to address its facilities needs, including the use of private funds available for a particular project and bond financings by or on behalf of Georgia Tech Facilities Inc. The organization has issued tax-exempt and taxable bonds for the purpose of funding projects for the benefit of Georgia Tech. The bonds are supported by an annually renewable lease of the completed project by Georgia Tech.