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Approval of a Resolution Authorizing Participation in the Remnant Defendants Opioid Settlement with Associated Pharmacies, Inc and American Associated Pharmacies, J M Smith Corporation, Louisiana Wholesale Drug Company, Inc., Morris and Dickson Co., North Carolina Mutual Wholesale Drug Company, Inc., and United Natural Foods, Inc., including its subsidiaries SuperValu and Advantage Logistics, and Their Associated Entities; and Approving the Six (6) Remnant Defendants’ Combined Subdivision Participation and Release Form Regarding the Same; Authorizing the City Manager or Her Designee to Execute All Necessary Documents in Connection with the Above on Behalf of the City; and Providing an Effective Date.
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ADMINISTRATIVE COMMENTS:
A nationwide settlement agreement has been reached with six regional opioid distributors/dispensers (Associated Pharmacies, Inc and American Associated Pharmacies, J M Smith Corporation, Louisiana Wholesale Drug Company, Inc., Morris and Dickson Co., North Carolina Mutual Wholesale Drug Company, Inc., and United Natural Foods, Inc. including its subsidiaries SuperValu and Advantage Logistics) and their associated entities (the “Remnant Defendants”) regarding their distribution of opioids. As a participant in the settlement agreement, the City would receive up to an estimated $17,176.93 one-time payment for uses related to opioid abatement. In order to participate in this settlement agreement, the City must authorize the City Manager or her designee to execute the Six (6) Remnant Defendants’ Combined Subdivision Participation and Release Form associated with the settlement agreement, releasing certain claims the City might have against the Remnant Defendants for past opioid-related actions or failures to act.
RECOMMENDATION:
That the City Council approve the resolution as set forth in the caption above.