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HomeMy WebLinkAboutMO #2525MUNICIPAL ORDER NO. 2525 A MUNICIPAL ORDER AUTHORIZING THE EXECUTION OF SETTLEMENT PARTICIPATION FORMS FOR THE JOHNSON & JOHNSON SETTLEMENT AND THE DISTRIBUTORS SETTLEMENT IN ORDER TO OPT -IN AS A PARTICIPATING SUBDIVISION IN THE NATIONAL OPIOID SETTLEMENT WHEREAS, in 2017, the city engaged Bryant Law Center for legal representation in pursuit of damages incurred as a result of the sale, distribution and marketing of opioid and opioid derivative drugs in the City of Paducah; and WHEREAS, on July 21, 2021, Attorney General Daniel Cameron announced a $26 billion agreement with Cardinal, McKesson, and AmerisourceBergen — the nation's three major pharmaceutical distributors — and Johnson & Johnson (Janssen), which manufactured and marketed opioids, for the companies' role in creating and fueling the opioid epidemic; and WHEREAS, Kentucky cities have until January 2, 2022, to sign on to the settlement agreement and become a participating subdivision if the settlement agreements move forward; and WHEREAS, the City of Paducah wishes to opt -in to the settlement agreements by authorizing the execution of two (2) Settlement Participation Forms. BE IT ORDERED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. Authorization. The Board of Commissioners of the City of Paducah hereby authorizes the execution of Settlement Participation Forms for the Johnson & Johnson Settlement and the Distributors Settlement in order to opt -in as a participating subdivision in the National Opioid Settlement. SECTION 2. Effective Date. This Order shall be in full force and effect on and after the date as approved by the Board of Commissioners of ity of P ducah, Kentucky. Bray, Mayor ATTEST: -Lindsay Parish City Clerk Adopted by the Board of Commissioners, November 23, 2021 Recorded by Lindsay Parish, City Clerk, November 23, 2021 \mo\Opioid Settlement Participation Forms