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And I have actually been honored to satisfy them and pleased to welcome them. Chairman Leahy. As my last concern, in some of the testimony this morning there has actually been an idea that, of course, just with all the hundreds of billions, trillions of bucks prepared to spend, you need to just go someplace else.

Stenger. I would certainly tell you that in this climate the capability to raise capital for things we are doing would certainly have-- it is difficult to do so in a fashion that would certainly enable us as efficiently and as promptly produce the important things we have actually done. You can obtain money if you have obtained half down.


I can have borrowed fifty percent of that if I had the $12 million in cash to install. Everybody knows that, yes, financial institutions have money to funding as long as you have obtained fifty percent of it in your pocket prior to you request the various other fifty percent. That is not how service functions these days.

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Senator Grassley. Senator Grassley. I want to confess that we only have anecdotal info, yet I would certainly like to ask you to what extent you have to go or do go to make certain that the centers make certain that the investments do not develop work for individuals here illegally.


Mr. Stenger. Senator, I am a hands-on proprietor of a business, and I am on-property every day. We have actually hired-- as I stated, at the Top we had 550 building employees on our project. The marching orders that I provided to my group is that we are to employ local companies in practically every circumstances to do all of the building and construction.


They are made up of 10, 15, 20, 30 staff members. They are benefiting straight from the investment. I understand the workers, I understand their households, and we have actually been able to employ-- through these last 3 years of terrible economic turmoil, we have actually been able to use virtually every building and construction employee in our region and the surrounding counties.

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locals. They stay in the location. Their households are there. They are invested in the communities, and they are all united state workers. Legislator Grassley. You do not have to use e-verify, however I would certainly like to recognize whether you do. Mr. Stenger. We do. Legislator Grassley. You do.


Thank you. Mr. North, along the same lines of the inquiry I asked him, has your research study shown instances various other-- and I just gave one example, so I wish to confess that and be accountable concerning it-- of centers hiring undocumented individuals? Mr. North. That sort of information is really difficult to get from USCIS, and I must state that what we do find out about a lot of the interior features of that agency as for this program is worried connects to instances in which the staff has stated no to an application of some kind and afterwards the local facility or the individual entrepreneur has actually mosted likely to the Administrative Appeals Workplace-- which is component of the company-- and there we get papers, we obtain a hearing police officer informing us what is taking place because particular situation.




This is a poor application." There is a quantity of negative applications out there, yet only as soon as that procedure gets before an administrative law judge do we see a lot in the way of detail. Currently, there was one situation that you discussed, and let me simply clarify on that a little bit.

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Do not take too long because I intend to ask one more couple concerns. Go in advance and promptly finish. Mr. North. The dairy products farm had actually declared 17 workers, and they entered it, and the judge found that 16 of them were illegals. Currently, that is the one instance I have, and it is a fine example.


Okay. I am going to ask separate questions of each of the three of you, yet it manages this problem. As I said in my opening statement, I am worried regarding the potential technicality that permits financiers to withdraw their investment in regional facilities after getting their permit.


Mr. Divine. I would certainly state that most of the capitalists, if you asked them what are their goals, they would claim, "I want to obtain an environment-friendly card, and I want click here to keep it.

If I place my cash in a hotel advancement-- Legislator Grassley. Can I think then that you are saying that there does not need to be any type of adjustments made in that regard? Mr. Divine. I do not believe so. Legislator Grassley. Okay. Allow me ask Mr. Stenger, is it usual for a financier in your experience to withdraw his or her investment quickly after getting a permit? Mr.

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Senator, no. Our programs require that the capitalist be spent for a minimum of 5 years and be repaid only if the company is in a position to do so at the end of that time. We have the benefit of the capital to create the business, obtain it running, make it successful, assure that the work will be developed and preserved, and then just if the company is successful will certainly there be an exit approach for the financier.