St Margaret's Junction Improvement Funding
July 22, 2026 City Mayor (Individual Decision) (Cabinet member) Key decision In call-in window View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
The City Mayor approved the addition of £5.2m to the 2026/27 capital programme for the St Margarets junction scheme and the release of £3m from the Match Funding policy provision. The City Mayor also delegated authority to the Director of Planning, Development and Transportation and Director of Finance to finalise grant funding details with the DfT to secure the Levelling Up fund award.
The City Mayor approved the long lease disposal of Braunstone Stable Block and Walled Garden to The Parmar Collection Limited. This includes advertising the proposed disposal of the Walled Gardens as part of a Public Open Space Notice and considering objections. The City Barrister and Head of Standards will prepare and execute all necessary documentation, and the Director of Estates and Building Services Division will agree the required detailed terms.
The City Mayor approved the disposal of the Innovation Centre to De Montfort University for £2.2m. This includes a covenant restricting use and an overage clause for future residential conversion. The City Barrister and Head of Standards will prepare and execute all necessary documentation, and the Director of Estates and Building Services Division will agree on the required detailed terms.
The Assistant City Mayor for Environment and Transport approved the implementation of a 20mph Zone in the Herrick Primary School Area. This includes approving the advertisement of the 20mph Speed Limit Order and traffic calming required to implement the scheme.
Full council record
Decision
To approve:
a. the addition of £5.2m to the 2026/27 capital programme for the St Margarets junction scheme.
b. the release of £3m currently held in the Match Funding policy provision to part-finance the scheme alongside £2.2m from the Government’s Levelling Up fund.
c. Delegation of authority to the Director of Planning, Development and Transportation and Director of Finance to finalise grant funding details with the DfT to secure the Levelling Up fund award.
Supporting Documents
Details
| Reference | Call-ins0 |
| Outcome | Recommendations Approved |
| Decision date | 22 Jul 2026 |
| Effective from | 30 Jul 2026 |
| Subject to call-in | Yes |