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HomeMy WebLinkAboutReso 2023-026 - Participation in settlement of Opioid LitigationRESOLUTION NO. 2023-026 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING ELECTING TO PARTICIPATE IN THE SETTLEMENT OF THE NATION-WIDE OPIOID LITIGATION AGAINST DEFENDANTS TEVA, ALLERGAN, CVS, WALGREENS, AND WALMART, DIRECTING THE CITY ATTORNEY TO EXECUTE ALL DOCUMENTS NECESSARY TO ACCOMPLISH SETTLEMENT ON BEHALF OF THE CITY OF REDDING AND AUTHORIZING THE CITY ATTORNEY TO NOTIFY THE NATIONAL SETTLEMENT ADMINISTRATOR OF THE CITY OF REDDING'S INTENT TO RECEIVE A DIRECT DISTRIBUTION OF SETTLEMENT FUNDS WHEREAS, states, counties and cities throughout the United States have joined as litigants against pharmaceutical manufacturers Teva and Allergan and retailers CVS, Walgreens, and Walmart (collectively, the "Defendants"); and WHEREAS, in this litigation, the litigating plaintiff public entities have generally alleged that the Defendants have generally failed to properly monitor suspicious orders of prescription opioids and that one or more of the Defendants have grossly misrepresented the risks of long-term use of its opioid medications to the public, and specifically users of its opioid medications; and WHEREAS, the City of Redding has been negatively impacted by the "opioid crisis" in that addiction has taxed its public safety resources; and WHEREAS, the parties to said litigation have negotiated a nationwide settlement whereby the State of California will receive approximately 9.9% of the total settlement amount; and WHEREAS, by means of a settlement allocation agreement negotiated between the litigating California counties and cities and the State of California Attorney General, the distribution to eligible cities and counties has been determined; and WHEREAS, the City of Redding was a non -participant in the litigation, but may participate in distribution of settlement funds if it elects to do so; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL THAT: 1. The recitals set forth herein are true and correct. 2. The City of Redding hereby elects to participate in the settlement of the nation-wide opioid litigation against the Defendants and receive settlement funds in accord with its established allocation percentage. 3. The City Attorney is authorized to execute all documents necessary to participate in the settlement and to execute all documents necessary to accomplish settlement on behalf of the City of Redding. NJ 4. The City Attorney is authorized to notify the settlement administrator of the City of U.1 Redding's intent to receive a direct distribution of settlement funds. 5. This Resolution shall take effect immediately upon its adoption by the City Council. I HEREBY CERTIFY that the foregoing resolution was introduced and adopted at a regular meeting of the City Council of the City of Redding on the 21St day of March, 2023, by the following vote: AYES: COUNCIL MEMBERS: Audette, Mezzano, Munns, Winter, and Dacquisto NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS: None ATTEST: PAMELA MIZE, City Clerk al 7 / MICHAEL DACQUISTO, Mayor FORM APPROVED: