Commercial Workspace Investment
July 6, 2026 City Mayor/Executive (Cabinet member) Key decision Awaiting outcome 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 freehold disposal of 52-58 Oxford Street to National Grid Electricity Distribution for £2m. The City Barrister and Head of Standards will prepare documentation, and the Director of Estates and Building Services will agree terms.
The City Mayor approved a permanent £105,000 increase to the Arts & Museum budget ceiling for festivals and events, funded from the budget strategy reserve. One-off funding of £10,000 was also approved for rebranding the Leicester Riverside Festival.
The Assistant City Mayor for Environment and Transport approved the implementation of a 20mph Zone in the Columbine Road Area and the advertisement of the required Speed Limit Order.
Supporting Documents
Details
| Outcome | For Determination |
| Decision date | 6 Jul 2026 |
| Effective from | 14 Jul 2026 |
| Subject to call-in | Yes |