After five years of unanswered questions, widespread speculation, and concerns over a possible threat to national security - the mystery surrounding the encroachment of Travis Air Force base is starting to reveal itself.
The CEO of Flannery Associates and the firm's consultant sat down with Rep. Mike Thompson to discuss their plan. Thompson told the ABC7 News I-Team the brains behind the endeavor is a former Goldman Sachs trader, Jan Sramek, who was present at the meeting.
"I didn't have to," said Rep. Thompson. "They lead with that - they told me it was critical that they develop this shroud of secrecy in order to make the purchases that they wanted to make. And once they got the land, the critical mass of the land, then they were able to be more open than they had been.""No, we didn't talk a lot of specifics," Rep. Thompson said.
Public records obtained by the ABC7 News I-Team show Flannery has purchased more than 55,000 acres of land since 2018. According to the county's assessor, in many cases the purchases were made for more than double or triple what the land is worth. Sources close to the network of investors confirmed to the I-Team that Flannery is backed by the heavyweights of Silicon Valley - including billionaire venture capitalist Michael Moritz, billionaire businesswoman Laurene Powell Jobs, and LinkedIn co-founder Reid Hoffman, among others."Then finding out that they're these billionaires want to put in a city - in Solano County - No! Where is the infrastructure coming from? Water?" said Solano County District 2 Supervisor, Monica Brown.
Flannery told the I-Team the meeting with Rep. Thompson is one of many that are in the works with county, state and federal officials over the next few weeks.'Mystery company' buys $800M worth of land near Travis AFB, raising concerns about national security
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