agenda city of watsonville city council/redevelopment agency meeting

Compliance Responsibilities
In order to maintain the validity of its approval and designation, 8 CFR 204.6(m)(6) requires that an approved
regional center must promote economic growth, including improving regional productivity, creating jobs, and
increasing domestic capital investment. The CSRC will maintain records, data and information on a quarterly
basis and report to USCIS upon request as follows:
1. The principal official, and point of contact, responsible for the normal operation management and
administration of the regional center:
The CSRC point of contact shall be Lisa Li (General Manager).
She can be reached at Tel: (415)-279-0482, or P.O. Box 3306, Daly City, CA 94015.
2. Procedures for conducting alien investor due diligence regarding source of capital and the alien
investor’s ability to fully invest the requisite amount of capital:
Each prospective investor will be required to submit a completed suitability
questionnaire and provide financial records and related documents required to
demonstrate financial ability and path/source of funds. This information will initially be
screened by our overseas agents then reviewed by the immigration lawyer.
3. Procedures for evaluation, oversight and follow-up of proposed alien investor commercial activities that
are intended to create direct and/ or indirect jobs through qualifying EB-5 capital investments:
Guy Spencer Houston (co-manager) and Gil Keinan (co- manager) shall have primary
management and oversight responsibilities for the commercial activities and
investments of the partnerships in the CSRC’s targeted development projects. In
exercising their responsibilities they will conduct regular site visits and meet with
developers and related parties to document the progress of each project.
4. Collecting, tracking and reporting vital operational statistics.
Lisa Li (General manager) and Clarabelle Pong (Administrator) shall organize the below
list of information:
The name, date of birth, and alien registration number of each alien investor who makes
an investment and files an EB-5/ I-626 petition with USCIS, specifying whether the
petition was approved, denied, or withdrawn by the petitioner.
The country of nationality of each alien investor who makes an investment and files an
EB-5/ I-526 petition with USCIS.
The city and state of residence of each alien investor who makes an investment and files
an EB-5/ I-526 petition with USCIS.
California Sunshine Regional Center (CSRC)
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