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Invest Atlanta issues taxable and tax-exempt industrial revenue bonds in the City of Atlanta. Tax-exempt bonds called Private Activity Bonds (PAB) can be used to finance the acquisition, construction, improvement or modification of plants, factories, mills, sewage, solid waste facilities, machinery, equipment, or any other property which an industrial concern might desire to acquire or lease in connection with the operation of such a facility within the City of Atlanta. Invest Atlanta may issue Taxable Bonds for a wider variety of facilities, (i.e., warehouses, office buildings, industrial parks, nursing homes, retail, hotels, and research and development). No facility may be financed by Invest Atlanta unless it will increase or maintain permanent employment in the City of Atlanta.
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There are about 187,000 households within the City of Atlanta earning an average of $43,174 each (2004).
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