AF signs lease for multi-sports complex project with City of Goldsboro
4th Fighter Wing Public Affairs
/ Published March 29, 2016
SEYMOUR JOHNSON AIR FORCE BASE, N.C. --
The Air Force and the City of Goldsboro, North Carolina,
signed a lease March 25 for a multi-sports complex on the perimeter of
neighboring Seymour Johnson Air Force Base.
Use Lease, or EUL, enables the City of Goldsboro to develop and manage a
multi-sports complex on 62 acres of underutilized, non-excess property on the
perimeter of the base. Once constructed, the complex will consolidate several
sports fields scattered throughout the community into a single, modern sports
In exchange for the 20-year lease, the
base will receive consideration primarily consisting of a 2,500 square foot
addition to the existing fitness center at Seymour Johnson AFB.
EULs are long-term agreements between
the Air Force and public or private developers to lease non-excess Air Force
property in exchange for cash or in-kind consideration; the program is managed
through the Air Force Civil Engineer Center.
“This is another outstanding example
of the strong partnership between Seymour Johnson Air Force Base and our local
community,” said Col Mark Slocum, 4th Fighter Wing commander. “Within
this shared area, we can now instill the importance of physical fitness in both
of our communities. This project is indicative of how the City of Goldsboro and
Seymour Johnson can put our strengths together to benefit the local citizens,
Airmen and families.”
The AFCEC Installations Directorate
acquires, manages and disposes of Air Force-controlled real property worldwide.
As of the close of FY15, the Air Force has received $79.7 million from
value-based transactions executed and managed by the Installations Directorate.
Based on net present value, the Air Force estimates these deals will garner
nearly $258 million throughout the life of these projects.