A mayor told the investors who want to build a new city in her backyard to ‘take their billions of dollars and go back down to Silicon Valley’ – DIGIWIZ CENTRAL

A mayor told the investors who want to build a new city in her backyard to ‘take their billions of dollars and go back down to Silicon Valley’

Flannery Associates has been buying up land in Solano County.

Justin Sullivan/ Getty Images

The mayor of Fairfield is on a mission to stop billionaires building a new city in her county. Catherine Moy met with Solano County officials Friday to make “a plan for defense” against the idea.Moy told Bloomberg she would “do everything we can to stop” Flannery Associates’ plans.

The mayor of Fairfield is not impressed with the Silicon Valley billionaires who want to build a new city in California. 

Catherine Moy met with Californian congressman John Garamendi and two members of Solano County’s board of supervisors Friday to create “a plan for defense” against the project, The Daily Beast reported. 

Flannery Associates has been quietly buying up farmland worth $800 million in Solano County, where Fairfield is located, court documents obtained by Insider show. A website for the plans shows it wants to build a “walkable community” called California Forever.

Moy told Bloomberg that “this is no way to go about any kind of development,” adding: “We’re going to do everything we can to stop this.”

The company is being backed by billionaire investors including venture capitalist Marc Andreessen, LinkedIn cofounder Reid Hoffman and Laurene Powell Jobs, Steve Jobs’ widow, The New York Times first reported. 

The Silicon Valley elites have purchased about 52,000 acres of land around Travis Air Force Base since 2018, leaving “no part that isn’t touched by Flannery,” Moy told ABC 7 News. 

Speaking to CNBC about the Flannery plan, Moy said the Air Force base “can’t function” with a settlement encroaching on it. 

“Here’s my suggestion: these billionaires take their billions of dollars and go back down to Silicon Valley and build high-rise apartments there that are low income so that their employees can work and live in the same area,” Moy said.

She claimed a local law would stop Flannery from going ahead with its plans to build the new city near San Francisco and expected the company would try to overturn it. However, that would require the support of local politicians, whom Moy said were “not very happy with them.”

Moy did not immediately respond to a request for comment from Insider, made outside normal working hours.

Read the original article on Business Insider
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