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File #: 23-0259    Version: 1 Name: National Opioid Settlement Agreements (New Settling Defendants)
Type: CC- Consent - Resolution Status: Agenda Ready
File created: 3/1/2023 In control: City Council
On agenda: 4/11/2023 Final action: 4/11/2023
Title: RESOLUTION - NATIONAL OPIOIDS SETTLEMENTS WITH NEW SETTLING DEFENDANTS TEVA, ALLERGAN, CVS, WALGREENS, AND WALMART; AUTHORIZING THE CITY MANAGER TO ENTER INTO ANY FUTURE SETTLEMENT AGREEMENTS WITH ANY ADDITIONAL SETTLING DEFENDANTS UNDER THE NATIONAL OPIOID SETTLEMENTS AND DIRECTING USE OF SETTLEMENT PROCEEDS WITHIN ANY PERMISSIBLE USE PROVIDED RECOMMENDATION: It is recommended by the City Attorney’s Office that the Council, by resolution: 1) authorize the City Manager to execute a Subdivision and Special District Settlement Participation Form and Proposed California State-Subdivision Agreement regarding Distribution and Use of Settlement Funds (Allocation Agreement) for each of the following settling entities as part of the National Opioid Settlements: Teva, Allergan, CVS, Walgreens, and Walmart, subject to approval as to form by the City Attorney; 2) authorize the Chief Financial Officer to appropriate the funds from the National Opioid Settlement fund to the Opioid Settlement Fund ...
Sponsors: City Attorney
Indexes: Not a Project
Code sections: 15061(b)(3) - General Rule Exemption, 15378 - Not a Project
Attachments: 1. Staff Report, 2. Attachment 1 - National Opioid Settlement Overview, 3. Resolution, 4. Exhibit A - Settlement Participation Form (all Settling Defendants), 5. Exhibit B - Allocation Agreements (all Settling Defendants)