A group of Silicon Valley investors behind a land acquisition company called Flannery Associates LLC launched a website Thursday previewing plans for building a new city in Solano County, days after California lawmakers at the state and federal level urged more transparency from the company.
The California state Senate's agriculture committee held a hearing Tuesday that covered threats to California's agriculture industry and heard testimony on the land acquisitions, which have included 400 parcels bought up over the last five years by a company that had no identifiable officers or investors.
Garamendi said that the company spent $800 million to buy land in the county and resorted to using legal tactics against reluctant residents. Brian Brokaw, a spokesman for Flannery Associates, did not address Garamendi's comments when asked for a response, but said in a statement on behalf of the company:
"The secrecy under which they operated caused consternation and concern from residents, local elected officials, and federal agencies, and while they explained their rationale, I do not believe the secrecy was necessary," Thompson said."Solano County is a tight-knit community, and it is going to be a long road for Flannery to restore trust and move forward with their proposed vision," Thompson said.
Brokaw said Sramek and others planned to continue to meet with local elected officials and community members over the next few weeks.
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