agenda city of watsonville city council/redevelopment agency meeting

Investment structure
The CSRC will organize every EB-5 investment opportunity using a traditional General Partner/Limited Partner
structure, which follows the Uniform Partnership Act. The General Partner for each partnership will be CSRC,
with foreign investors seeking an EB-5 immigrant visa as limited partners. Each EB-5 investment in the
partnership will constitute an investment in a “new commercial enterprise” required by 8 C.F.R. 204.6(h).
To illustrate this investment structure: ( Sample)
Manabe-Ow Business Park project is to be constructed through the CSRC and required $25
million in equity capital to create 500 new jobs (direct/indirect). CSRC would require the
creation of a limited partnership, in this case hypothetically named “CSRC Manabe-Ow, LP”,
which would allow 50 immigrant investors. Once fully subscribed, the partnership would be
closed to further EB-5 investments.
CSRC Manabe-Ow Business Park Project
500 new jobs forecasted
$ 25 million capital needed
CSRC Manabe-Ow, LP
General Partner-CSRC
Limited Partner/Investors
o Admit only 50 immigrant investors
o Raise $25 million
Investment Documents
CSRC will require each investor in a CSRC Partnership to provide a copy of the required investment and
partnership agreements for each EB-5 investment. As required for Form I-526 submission to the USCIS, the
CSRC will supply evidence that the investor is engaging in the day to day operation of the business or policy
formation. A signed partnership agreement will satisfy this requirement. However, the CSRC shall expect
participating investors to submit (1) a Partnership Agreement, (2) a Confidential Private placement Offering, and
(3) Escrow Agreements.
Citi bank of San Francisco, CA will act as CSRC’s escrow agent. Executed documents will be submitted to the
USCIS as part of the larger form I-526 Petition.
California Sunshine Regional Center (CSRC)
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