* Joe Mahr at the Tribune…
Oakbrook Terrace Mayor Tony Ragucci has resigned his office amid an ongoing federal corruption probe, according to a news release from his suburb.
Ragucci submitted his resignation Friday, the same day the Tribune reported that he’d recently paid $30,000 from his campaign fund to a lawyer representing him.
The Tribune reported that he was among several elected officials and politically connected contractors embroiled in a federal investigation involving SafeSpeed LLC, a controversial company that operates lucrative red-light cameras at intersections in dozens of Chicago-area suburbs. […]
Earlier this month, the Chicago Sun-Times reported that the FBI seized $60,000 from a safe in Ragucci’s home in October, although the reason for the seizure was not disclosed.
* Daily Herald…
SafeSpeed is a focus of the ongoing federal investigation, with agents looking into whether company representatives landed deals through payoffs.
“That was all done legit,” Ragucci told the Sun-Times of the SafeSpeed contract. “We did everything legit and clean here.”