Resolution/Opioid Settlement Agreements Page 1 of 2
Rev: 11/22/17
RESOLUTION NO. _____
A RESOLUTION OF THE CITY OF SANTA CLARA, CALIFORNIA
APPROVING PARTICIPATION IN NATIONAL OPIOID
SETTLEMENT AGREEMENTS AND AUTHORIZING THE CITY
MANAGER TO EXECUTE THE RELATED PARTICIPATION
AGREEMENTS AND ANY OTHER NECESSARY DOCUMENT(S)
BE IT RESOLVED BY THE CITY OF SANTA CLARA AS FOLLOWS:
WHEREAS, a settlement was reached in multi-district litigation brought by states and cities against five companies—Teva, Allergan, Walgreens, Walmart, and CVS (Settlement Agreements); and
WHEREAS, the proposed Settlement Agreements consist of agreements with such companies and correlating California State Subdivision Agreements; and, WHEREAS, under the Settlement Agreements, California is scheduled to receive approximately $1.8 billion to be paid over the course of 15 years to settle the opioid litigation; and WHEREAS, the City is eligible to participate in the Settlement Agreements and may receive payments in exchange for releasing its potential claims against the companies; and WHEREAS, participating in the Settlement Agreements will enable the City to receive funds that may be used to treat opioid use and disorder; and
WHEREAS, the City desires to participate in the Settlement Agreements and authorize the City Manager to execute the attached agreements and any other document(s) necessary to receive settlement funds; and
WHEREAS, jurisdictions must opt-in to the Settlement Agreements by April 18, 2023.
NOW THEREFORE, BE IT FURTHER RESOLVED BY THE CITY OF SANTA CLARA AS FOLLOWS:
1. That the City Council finds that all facts, findings, and conclusions set f orth above are true and correct.
2. That the City Council finds that the City Manager or designee is authorized to execute the attached Settlement agreements and any other document(s) necessary to participate in the Resolution/Opioid Settlement Agreements Page 2 of 2
Rev: 11/22/17
proposed settlement deal with Teva, Allergan, Walgreens, Walmart, and CVS on behalf of the City of Santa Clara.
3. That the City Council finds that the City Manager or designee is authorize d to execute future opioid litigation-related agreements containing substantially similar terms as the attached Settlement Agreements.
4. Effective date. This resolution shall become effective immediately.
I HEREBY CERTIFY THE FOREGOING TO BE A TRUE COPY OF A RESOLUTION PASSED
AND ADOPTED BY THE CITY OF SANTA CLARA, CALIFORNIA, AT A REGULAR MEETING THEREOF HELD ON THE ___ DAY OF _____ ____, 2023, BY THE FOLLOWING VOTE:
AYES: COUNCILORS:
NOES: COUNCILORS:
ABSENT: COUNCILORS:
ABSTAINED: COUNCILORS:
ATTEST: ______________________________
NORA PIMENTEL, MMC
ASSISTANT CITY CLERK
CITY OF SANTA CLARA
Attachments incorporated by reference:
1. Settlement Participation Forms and State-Subdivision Agreements