Train lines: How two Press Democrat owners finessed a Petaluma real estate deal

Will Carruthers, NORTH BAY BOHEMIAN

Last week, we reported that two owners of the Press Democrat, Darius Anderson and Doug Bosco, helped craft a state-funded bailout deal benefiting Bosco’s privately owned Northwestern Pacific Railroad Company while Anderson’s Platinum Advisors was a contract lobbyist for SMART from 2015 to 2020.

This week, we report the details of a real estate transaction in downtown Petaluma in which the A. G. Spanos Corporation paid $1.4 million to SMART and $1 million to another public rail agency which is financially intertwined with Bosco’s railroad company for their “right of ways” on less than 600 feet of railroad track traversing the triangular lot upon which Spanos is currently building the North River Apartments. A right of way is a perpetual, transferable easement allowing its owner to traverse the property of another. Without securing these easements, Spanos’ project was dead in the water and could not move through Petaluma’s planning process.

The Spanos property abuts the Petaluma tidal estuary, a row of historic businesses and restaurants on Petaluma Blvd. North, and Hunt & Behrens livestock, poultry and pet-feed operation. Public records show that SMART’s executive director, Farhad Mansourian, allowed Anderson to guide SMART’s easement sale to Spanos. Simultaneously, Bosco negotiated Spanos’ purchase of an overlapping right of way on the short spur owned by the North Coast Railroad Authority. “NCRA” is a state-chartered rail agency which critics say was largely operated to benefit Bosco’s company, commonly known as NWP Co.

Mansourian allowed Anderson to work on several projects that were outside the contracted scope of work of Platinum Advisors’ role as SMART’s Sacramento lobbyist, which began in 2015. Last week, we reported on how Anderson’s firm, as part of its work for SMART, lobbied on state legislation which helped the interests of his business partner, Bosco, as the NCRA and the NWP Co foundered. This week we report another instance of Anderson leveraging his position as SMART lobbyist to benefit his media business partner and political mentor, Bosco.

Read more at https://bohemian.com/train-lines/