Answer: B the deed to the facility constructed
Step-by-step explanation:
Industrial Development Bonds are issued by a government agency or authority on behalf of a company that might find it difficult to acquire financing on its own.
Such bonds are usually tax exempt and so will command lower interest rates than comparable bonds. They will be paid for by revenue from the project constructed and the collateral will be the deed to the facility constructed. This deed will be held by the government until the company finishes paying off the debt.