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IMDC head leaving for biotech trade organization

The Illinois Medical District Commission on Tuesday announced Executive Director Warren Ribley plans to resign and take over as head of the Illinois Biotechnology Industry Organization.

Ribley plans to resign from the IMDC on Jan. 30, according to the IMDC. He will begin serving as president and CEO of iBIO and the iBIO Institute on Feb. 2. iBIO is dedicated to forging business-education partnerships in an effort to make Illinois and the Midwest “one of the world’s top life sciences centers.”

Congressmen Quigley, Schock find positives in $1.1 trillion spending bill

After President Barack Obama on Monday signed into law an $1.1 trillion omnibus spending bill that will fund federal government operations through September, WTTW hosted members of Illinois’ congressional delegation from both sides of the aisle for discussions of compromise on the bill.

Park District to showcase national award

Chicago Park District General Superintendent and CEO Michael Kelly announced the district’s 2014 National Gold Medal Award for Excellence in Park and Recreation Management would begin a tour of the city’s 252 field houses on Wednesday.

Elected-school board question kicked off of 38th Ward ballot

A referendum question asking 38th Ward voters if they want an elected Chicago Board of Education has been removed from the ballot for the city’s Feb. 24 elections.

Jim Allen, communications director for the Chicago Board of Elections, told the Daily Whale the question was removed because the required number of backing signatures was not submitted. The measure required 1,079 signatures in the 38th Ward and only 835 were collected.

ComEd CEO speaks on infrastructure updates amid evolving regional economy

Anne Pramaggiore, president and CEO of ComEd, during a Monday City Club of Chicago event spoke of the company’s rebranding and its role in the revitalization of the Chicagoland region’s economy.

ComEd’s tagline – “Powering lives,” is meant to conceptualize the company’s role in the technology-driven 21st century world, Pramaggiore said.  ComEd’s previous slogan – “Keeping the lights on,” represented “a minimalist philosophy” from which the company has evolved, she said.

Cantigny Park to commemorate fallen soldiers Tuesday evening

In commemoration of Veterans Day, Cantigny Park and the First Division Museum in Wheaton will hold a tribute for American soldiers who were lost in the line of duty on Tuesday evening.

City Council Finance Committee to consider revised E15 fuel ordinance

Members of the Chicago City Council Committee on Finance are scheduled to consider an amended version of the Chicago Clean Air Choice Act on Monday. The ordinance would require large filling stations in Chicago to offer E15 fuel – gasoline that contains 15 percent ethanol.

Urban Partnership Bank receives federal funds to spur urban economic development

Chicago-based Urban Partnership Bank is looking forward to continuing its mission of spurring economic development in blighted neighborhoods with the help of a federal Bank Enterprise Award announced earlier this month.

NCAA president outlines reforms to help prepare student-athletes for life after college

During a City Club of Chicago address on Monday, NCAA President Mark Emmert discussed the need for his organization to reform how it protects student-athletes and prepares them for careers on and off the playing field.

City treasurer says heartfelt goodbye at last budget hearing

City Treasurer Stephanie Neely, who will exit her current role at the end of next month, said a heartfelt goodbye to members of the City Council Budget Committee on Tuesday during her final budget hearing.

Neely announced her resignation on Monday. Mayor Rahm Emanuel is expected to appoint Chicago-based Grosvenor Capital Management Senior Vice President Kurt Summers as Neely’s successor.