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Former bus company seeks renewed lease

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The Roswell City Council is due to consider on Thursday the renewal of a land lease for the Millennium Transit facility. The owner of the company said he is working to start new operations of some sort in the plant at the Roswell International Air Center. (Lisa Dunlap Photo)

A company that once manufactured commercial buses in Roswell is working to restart some type of business at the Roswell International Air Center and is asking to renew its land lease for 10 years.

James Ludvik, the sole owner of Millennium Transit Services LLC and also president and chief executive officer of Ludvik Electric Co., an electrical contracting business based in Lakewood, Colorado, said he wants to start a business again at the plant at 42 W. Earl Cummings Loop.

“We are right now in negotiations to get that building into use,” he said. “With confidentiality agreements, I can’t disclose with whom, but we are negotiating.”

He said he could not provide any more details at this time, such as when a decision might be reached or what industry sector is involved in the negotiations.

Millennium owns the large industrial buildings where commercial passenger buses were built for the New Jersey Transit Authority and other government agencies until 2008. Millennium went through Chapter 11 proceedings starting in 2008, exiting in about 2011.

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Since 2008, some people associated with Millennium have at times worked at the Air Center plant to sell parts.

Millennium first began operating in Roswell in 2003, having purchased the building and other assets from Nova BUS, which had started in 1993 after buying the business from Transportation Manufacturing Corp. Originally, Millennium was formed by two former Nova employees after that company had some layoffs. Ludvik said he acquired Millennium in 2005.

City staff have recommended the renewal of the land lease, with the matter due to be considered by the Roswell City Council at its Thursday meeting. The council’s Legal Committee unanimously approved the lease amendment at its July 25 meeting.

According to city documents, the rent would increase by 50% to $1,250 a month, or $15,000 a year, and the term would expire Aug. 31, 2029. The action represents the exercising of the second of five 10-year extension options allowed by an original lease negotiated in 1980.

“There is a schedule of the lease arrangement that was signed way back when, and we have not asked for any consideration on that other than what is already stated,” Ludvik said.

Air Center managers were said to be unavailable for comment by press time.

Ludvik Electric’s website indicates that the company has satellite offices in Phoenix, Arizona, and Salt Lake City, Utah, and works in the United States and abroad as a contractor on construction projects for commercial office buildings, airport facilities, government industrial projects, health centers, university buildings and hotels.

Senior Writer Lisa Dunlap can be reached at 575-622-7710, ext. 311, or at reporter02@rdrnews.com.