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Two incoming alderpeople have raised a complaint alleging the outgoing City Council does not have the power to pass ordinances at its Monday night meeting.
The 81st City Council will be sworn in tonight, but not before the lame duck council votes on some contentious items including the lease of the Harley Clarke Mansion, the contract for selling water to Skokie and the approval of changes to the city’s Board of Ethics procedures.
Outgoing Mayor Steve Hagerty said in an April 27 council meeting that the May 10 council meeting would be a “handover” to the next City Council, and that April 27 was the 80th City Council’s last meeting.
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UpdatedMon, May 10, 2021 at 5:50 pm CT
Replies(6)
The outgoing Evanston City Council is due to meet Monday for a third time since the April 6 municipal elections. In apparent violation of state law, the new City Council is due to be sworn in at the second meeting after final results are in. (Tim Moran/Patch)
EVANSTON, IL A third meeting of the lame duck Evanston City Council is set to push through a crowded agenda Monday night, despite concerns the meeting may be in violation of state law and the outgoing mayor s claim that the meeting would be a handover to the new Council.
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Regtech: SteelEye Plans North America Expansion
April 8, 2021 @ 9:41 pm By JD Alois
SteelEye has distributed a note revealing its expansion into North America. SteelEyes is a UK-based compliance and data firm that has reported rapid growth in Europe.
SteelEye seeks to provide a comprehensive SaaS-based Regtech platform that allows banks, brokers, and asset managers to simplify their compliance processes across various EU, UK, and now the U.S..
In 2020, SteelEye raised over $17 million to fund its expansion. A round completed in December was led by
Beacon Equity Partners.
CEO of SteelEye,
Matt Smith, says the U.S. and Canadian markets are crying out for a new way to oversee their conduct and trading activity.
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