Sexton, who managed City from 1981-83 and was a highly successful England U21 manager, has lived in Kenilworth for the last thirty years and in recognition of this, a building in the newly developed Talisman Square in the Warwickshire town will be called Sexton House.
The former Chelsea and Manchester United boss told the CT: "This is the first building that I have had named after me and for it to be in Kenilworth it is a true honour and it's very nice to be remembered on your doorstep.
"I was awarded an OBE a few years ago and this is equal to that in terms of being proud. It is a lovely moment for me and my family."