Senate Concurrent Resolution No. 38-Committee on
Commerce and Labor
May 15, 1997
____________
Read and adopted
SUMMARY--Expresses support of Nevada Legislature for Unibex Global Corporation. (BDR R-1713)
EXPLANATION - Matter in italics is new; matter in brackets [ ] is material to be omitted.
SENATE CONCURRENT RESOLUTION--Expressing the support of the Nevada Legislature for the Unibex Global Corporation.
Whereas, Unibex Global Corporation has been designated and licensed by the Immigration and Naturalization Service of the United States Department of Justice under the Immigration and Nationality Act, as amended in 1992, as the only authorized organization to administer the Immigrant Investor Pilot Program in the regional center which encompasses the entire State of Nevada; and
Whereas, Unibex Global Corporation, an international trade, investment and development company, headquartered within the targeted employment area of North Las Vegas, Nevada, is able to attract millions of investment dollars into the State of Nevada which can be used to support infrastructure development, new ventures and innovative arrangements that will not only create employment, but also generate wealth in the State of Nevada; and
Whereas, The Immigrant Investor Pilot Program was created as a provision of the Immigration Act of 1990, that allows foreign investors to obtain a permanent resident visa in the United States by investing through the Unibex Regional Center a minimum of $1,000,000 in a new commercial enterprise located outside of a targeted employment area or $500,000 in a new commercial enterprise located within a targeted employment area on the condition that the investment will create not fewer than 10 jobs for workers in the United States; and
Whereas, Unibex Global Corporation is committed to meeting the needs of the economy of the State of Nevada by providing a cooperative regional market in which trade is encouraged, providing the necessary financial intermediation systems utilizing foreign investments to nurture the formation and growth of small- and medium-size companies and directly creating thousands of jobs in targeted employment areas across the State of Nevada and the United States; and
Whereas, Unibex Global Corporation seeks to create national economic alliances, facilitate economic diversification and growth, and generate wealth in the State of Nevada by identifying, developing, uniting and marketing new opportunities for foreign investors and the businesses of the United States in a manner that will benefit the State of Nevada and the economy of our country; now, therefore, be it
Resolved by the Senate of the State of Nevada, the Assembly Concurring, That the members of the 69th Session of the Nevada Legislature support Unibex Global Corporation in its effort to bring economic diversification and growth through international investment opportunities to the State of Nevada; and be it further
Resolved, That the Nevada Legislature extends its best wishes for continued success to Unibex Global Corporation; and be it further
Resolved, That the Secretary of the Senate prepare and transmit a copy of this resolution to Otis Harris, Chairman and Chief Executive Officer for Unibex Global Corporation.