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And I have been pleased to meet them and proud to welcome them. Chairman Leahy. As my last concern, in some of the statement this morning there has actually been a tip that, of training course, just with all the hundreds of billions, trillions of dollars all set to spend, you should simply go somewhere else.


Stenger. I would tell you that in this environment the ability to raise funding for the things we are doing would have-- it is impossible to do so in a way that would enable us as successfully and as promptly develop things we have actually done. You can borrow cash if you have actually obtained half down.


I might have borrowed half of that if I had the $12 million in cash money to set up. Every person recognizes that, yes, banks have money to finance as long as you have actually obtained fifty percent of it in your pocket before you request for the various other half. That is not how organization works these days.

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You are speaking from a real-world experience, not from a brain trust experience. I will leave that merely as an unjustified comment from the Chairman. Senator Grassley. Senator Grassley. Thank you. I want to be liable in this concern of undocumented workers. I wish to admit that we just have unscientific info, yet I want to ask you to what degree you need to go or do go to make sure that the facilities ensure that the financial investments do not develop work for individuals right here illegally.


Mr. Stenger. We have hired-- as I claimed, at the Optimal we had 550 building workers on our project.


They are made up of 10, 15, 20, 30 employees. They are benefiting directly from the financial investment. I recognize the employees, I recognize their family members, and we have been able to employ-- through these last 3 years of awful economic chaos, we have actually been able to use practically every building worker in our county and the surrounding counties.

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residents. They live in the location. Their family members exist. They are purchased the neighborhoods, and they are all united state workers. Senator Grassley. You do not need to make use of e-verify, yet I would certainly such as to recognize whether you do. Mr. Stenger. We do. Senator Grassley. You do.


Thank you. Mr. North, along the exact same lines of the concern I asked him, has your research study shown examples various other-- and I just provided one example, so I wish to admit that and be accountable regarding it-- of centers hiring undocumented individuals? Mr. North. That sort of information is extremely tough to obtain from USCIS, and I get more info must say that what we do recognize about a number of the inner features of that firm as far as this program is worried connects to situations in which the personnel has stated no to an application of some kind and after that the local center or the private entrepreneur has actually mosted likely to the Administrative Appeals Workplace-- which becomes part of the company-- and there we obtain documents, we obtain a hearing officer telling us what is going on in that certain situation.




This is a negative application." There is a quantity of poor applications out there, but only as soon as that procedure obtains before a management legislation judge do we see much in the means of information. Now, there was one instance that you mentioned, and allow me simply specify on that particular a little.

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Do not take as well long due to the fact that I intend to ask another pair concerns. Go ahead and promptly surface. Mr. North. The dairy products farm had actually asserted 17 workers, and they obtained into it, and the court located that 16 of them were illegals. Currently, that is the one instance I have, and it is an example.


Okay. I am mosting likely to ask different inquiries of each of the three of you, yet it manages this one concern. As I claimed in my opening declaration, I am worried regarding the potential loophole that allows investors to withdraw their financial investment in regional facilities after getting their permit.


Divine, are you knowledgeable about any kind of circumstances in which a capitalist took out the financial investment and left right away after receiving a permit? And if you are, or if you think it is a problem, do you assume that it is a loophole that should be closed? Mr. Divine. I would state that the majority of the financiers, if you inquired what are their goals, they would certainly state, "I intend to get a copyright, and I want to keep it.


If I place my money in a resort advancement-- Legislator Grassley. Can I think then that you are claiming that there does not need to be any kind of modifications made because respect? Mr. Divine. I do not think so. Legislator Grassley. Okay. Allow me ask Mr. Stenger, is it typical for a financier in your experience to withdraw his/her financial investment quickly after getting a permit? Mr.

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Senator, no. Our programs call for that the financier be invested for a minimum of 5 years and be repaid just if the company is in a placement to do so at the end of that time. We have the benefit of the resources to develop the company, get it running, make it successful, ensure that the tasks will certainly be produced and maintained, and then only if the organization is successful will certainly there be a departure method for the investor.