The replacement of the once traditional August 15 bonfire with a community concert in Galliagh, has been welcomed by Sinn Fein.
The Community Safety Team organised a festival for the green area in Moss Park, while youth group Off The Streets engaged local young people in a number of diversionary projects throughout last week.
Irish rock group, Bagatelle, headlined the concert on the Moss Park green on Thursday evening.
The concert was run as community consultation had shown the overwhelming majority of residents did not want a bonfire on their door step.
In previous years these fires have been beset with anti-social behavioural problems.
Shantallow Sinn Féin Councillor, Tony Hassan, praised those who organised the Galliagh Festival, he said: “I congratulate all those involved in the event at Moss Park. The large number of people who attended prove that there is an alternative to bonfires in the city.
“Despite the rain it was a great success with hundreds of people coming out to support the concert. It was an excellent atmosphere.
“This is in stark contrast to what happened last week when a hand full of misguided young people attempted to force their will on a community that would rather have festival type entertainment than these bonfires imposed on them.”