Executive and Officer Decisions

To approve:

The freehold disposal of site (UPRN 1983) 52-58 Oxford Street, Leicester, LE1 5XW to National Grid Electricity Distribution (NGED) for £2m as a Special Purchaser.

The City Barrister and Head of Standards will prepare and execute all necessary documentation required. The Director of Estates and Building Services Division will agree the required detailed terms.

To approve:

•           A permanent increase of £105,000 to the Arts & Museum budget ceiling, to support festivals across the City. This will be funded from the budget strategy reserve in 2026/27 and will be permanently added to the budget ceiling for Arts & Museums within future budget strategies.

•           One-off funding of £10k to fund a rebranding of Leicester Riverside Festival to be funded from the budget strategy reserve.