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Printable Form 12153 Pembroke Pines Florida: What You Should Know

The new complex is a 2-story, 6,000 Sq  H-1B work visa holders. 250,000 loan guarantees for a 15-year term of 30 years, plus 2.5% interest, on the 1 million Sq.ft. gross (excluding land). 2-year fixed rent (incl. utilities). A-3/D-3 Visa Non-US Residents In 2022 the IRS granted approval to transfer the I-735 leasehold interest with the purchase of the property under the EB-5 program approved by Congress in 2008, to the Trust of the I-735 Project Authority. An I-735 Trustee will receive a 500,000 non-refundable mortgages against the properties. I-735 Project Authority The I-735 project authority comprises a 501(c) (3) non-profit corporation, the I-735 Development Authority (IDA), Inc., organized under the laws of the State of Florida, incorporated in the state of Florida on October 20, 1990. The IDA is governed by an 11-member Board made up of nine members to be appointed to by the Secretary of the Florida Department of Financial Services (SDFS) with three members from the I-735 Development Authority and three members from the private and religious sectors. The Board will have broad discretion with regard to the management, development, and preservation of the IDA. The development of the property will be guided by strict adherence to the development regulations of the State of Florida. The property includes a 1.7% ownership interest in the I-735 Development Authority. IDA's I-735 Development Authority Operating Agreement In conjunction with the completion of the I-735 project, there will be a transition into the full ownership of the property and land use and zoning restrictions under the IDA, Inc. (IDA's I-735 Development Authority) Operating Agreement (OIL) will include the following items: • The IDA has approved an amended operating agreement to include both an agreement between the I-735 Development Authority and its operating entity, the I-735 Development Authority, Inc.

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