AF signs lease for multi-sports complex project with City of Goldsboro Published March 29, 2016 4th Fighter Wing Public Affairs 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. The Enhanced 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 complex. 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.