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And I have been proud to satisfy them and proud to invite them. Chairman Leahy. As my last concern, in some of the testament this early morning there has been a pointer that, of course, just with all the hundreds of billions, trillions of bucks ready to invest, you ought to just go someplace else.


Stenger. I would certainly inform you that in this environment the capability to raise capital for things we are doing would certainly have-- it is difficult to do so in a way that would certainly allow us as efficiently and as quickly develop things we have done. You can borrow cash if you have actually got 50 percent down.


I could have obtained fifty percent of that if I had the $12 million in money to set up. Everybody knows that, yes, financial institutions have money to finance as long as you have obtained fifty percent of it in your pocket prior to you ask for the various other half. That is not just how service works nowadays.

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Legislator Grassley. Legislator Grassley. I want to admit that we just have anecdotal details, but I would like to ask you to what level you have to go or do go to make sure that the centers make sure that the investments do not produce jobs for people here illegally.


Mr. Stenger. We have actually worked with-- as I said, at the Top we had 550 building employees on our job.


They are comprised of 10, 15, 20, 30 staff members. They are from our regional counties. They are Vermonters. They are benefiting directly from the investment. So we are a hands-on facility. I know the employees, I recognize their family members, and we have actually had the ability to use-- via these last 3 years of terrible economic turmoil, we have been able to use virtually every construction employee in our region and the surrounding regions.

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citizens. They live in the area. Their family members exist. They are spent in the neighborhoods, and they are all united state workers. Legislator Grassley. You do not have to make use of e-verify, however I would love to recognize whether you do. Mr. Stenger. We do. Senator Grassley. You do.


Thank you. Mr. North, along the exact same lines of the inquiry I asked him, has your research study revealed instances other-- and I only provided one instance, so I want to admit that and be liable concerning it-- of centers employing undocumented individuals? Mr. North. That sort of data is very difficult to acquire from USCIS, and I have to say that what we do understand around most of the inner aspects of that company as far as this program is worried connects to situations in which the team has actually said no to an application of some kind and after that the regional center or the private business owner has actually gone to the Administrative Appeals Office-- which is part of the company-- and there we obtain files, we obtain a hearing police officer telling us what is going on in that specific instance.




This is a negative application." There is a quantity of bad applications out there, yet just when that process gets prior address to an administrative regulation court do we see much in the means of information. Now, there was one instance that you stated, and let me simply specify on that a little bit.

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Do not take also long due to the fact that I want to ask an additional pair inquiries. Yet go in advance and quickly finish. Mr. North. The milk ranch had actually asserted 17 employees, and they entered into it, and the judge found that 16 of them were illegals. Now, that is the one instance I have, and it is a fine example.


Okay. I am going to ask different concerns of each of the three of you, but it deals with this one issue. As I said in my opening declaration, I am worried about the prospective technicality that allows financiers to withdraw their investment in regional centers after receiving their copyright.


Divine, are you familiar with any instances in which an investor withdrew the financial investment and left quickly after receiving an eco-friendly card? And if you are, or if you think it is a trouble, do you believe that it is a loophole that should be closed? Mr. Divine. I would claim that the majority of the investors, if you asked what are their goals, they would say, "I desire to get a copyright, and I intend to keep it.


Mr. Divine. Let me ask Mr. Stenger, is it discover this info here usual for a financier in your experience to withdraw his or her financial investment promptly after receiving an from this source environment-friendly card? Mr.


Senator, legislator.