City of Roswell Legal Committee Meeting Agenda August 2025
Red Mountain Arsenal Lease For Air Center Building 60
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Description
The Legal Committee voted 5–0 to recommend authorizing Red Mountain Arsenal LLC to enter into a one-year lease for Building 60 at the Roswell Air Center, including 8,770 square feet of building space and 74,000 square feet of land. The lease requires a $5,000 security deposit and runs from June 1, 2025 through May 31, 2026.
Contract Details
Contract Amount
$5,000 security deposit (lease collateral)
Vendor
RED MOUNTAIN ARSENAL LLC
Agency
City of Roswell, NM
Contract Type
FACILITIES
Document Date
August 21, 2025
Contract Term
June 1, 2025 – May 31, 2026 (1-year lease)
Renewal Date
2026-05-31
Renewal Info
Initial lease term is one year from June 1, 2025 to May 31, 2026; no renewal or extension options are described in the minutes.
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