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HomeMy WebLinkAboutMO #2711MUNICIPAL ORDER NO. 2711 A MUNICIPAL ORDER RATIFYING THE MAYOR'S EXECUTION OF SETTLEMENT PARTICIPATION AGREEMENTS FOR THE TEVA, ALLERGAN, CVS, WALGREENS, AND WALMART OPIOID SETTLEMENTS AND AUTHORIZING THE MAYOR TO EXECUTE ALL FUTURE OPIOID SETTLEMENT PARTICIPATION AGREEMENTS 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, between November and December of 2022, five additional groups have entered into National Opioids Settlements including Teva, Allergan, CVS, Walgreens, and Walmart; and WHEREAS, Kentucky cities have until April 18, 2023, to sign on to the settlement agreements 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 Settlement Participation Agreements; and WHEREAS, the City of Paducah also wishes to authorize the execution of all future Opioid Settlement Participation Agreements. BE IT ORDERED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. Authorization. The Board of Commissioners of the City of Paducah hereby ratifies the Mayor's execution of Opioid Settlement Participation Agreements for the Teva, Allergan, CVS, Walgreens, and Walmart Settlements in order to opt -in as a participating subdivision in the National Opioid Settlement. Further, the City hereby authorizes the Mayor to execute all other documentation related to the same. SECTION 2. Future Participation Agreements. The Board of Commissioners of the City of Paducah hereby authorizes the Mayor to execute all future Opioid Settlement Participation Agreements and associated documentation with the same or substantially similar terms and which are not substantially adverse to the City. SECTION 3. Effective Date. This Order shall be Qfull force and effect on and after the date as approved by the Board of Commissio%er-s,the ICity of PaAucah, Kentucky. ATTEST': ` ` >•tc-c-Ci� --eindsay Parish ity Clerk Adopted by the Board of Commissioners, March 14, 2023 Recorded by Lindsay Parish, City Clerk, March 14, 2023 \mo\Opioid Settlement Participation Forms — Teva Allergan CVS Walgreens Walmart