Capital Budget Monitoring Period 3 2026/27
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, Leicester, LE1 5XW to National Grid Electricity Distribution for £2m on 6 July 2026. The City Barrister and Head of Standards Division will prepare documentation, and the Director of Estates and Building Services will agree detailed terms.
The Assistant City Mayor, Environment and Transport approved the implementation of a 20mph Zone in the Mellor Area on 13 May 2026. This decision included approving the advertisement of the 20mph Speed Limit Order required to implement the scheme.
The Assistant City Mayor, Environment and Transport approved the implementation of a 20mph Zone in the Herrick Primary School Area on 19 May 2026. This decision included approving the advertisement of the 20mph Speed Limit Order and traffic calming required to implement the scheme.
The City Mayor approved the disposal of the ground lease interest of the Holiday Inn, St Nicholas Circle, Leicester, LE1 5LX to MCAP Global Finance (UK) LLP for £1.8m plus £20,000 for professional fees on 15 July 2026. The Director of Estates and Building Services approved the valuation, and the City Barrister and Head of Standards Division will prepare documentation.
Supporting Documents
Details
| Outcome | For Determination |
| Decision date | 6 Jul 2026 |
| Effective from | 14 Jul 2026 |
| Originally due | 2 Jun 2026 |
| Subject to call-in | Yes |