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Item 05 - Opioid Seetlements - TEVA, Allergan, CVS, Walgreens, Walmart

Yucaipa City Council
March 13, 2023

Document
Item 05 - Opioid Seetlements - TEVA, Allergan, CVS, Walgreens, Walmart
Meeting
March 13, 2023
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Yucaipa City Council
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1
Original file
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Text extracted from the city's file for reading and search. Open the original on coydocs.yucaipa.gov. That file is the official record.

Agenda Item No. _ 5

CITY OF YUCAIPA

AGENDA REPORT
TO: Honorable Mayor and City Council
FROM: 9Phil White, Director of Finance
FOR: City Council Meeting of March 13, 2023
SUBJECT: Opioid Settlements - Teva, Allergan, CVS, Walgreens, Walmart RECOMMENDATION:

That City Council:

1. Review and approve Resolution No. 2023-05; and

2. Authorize the City Manager to execute Participation Forms and California Intrastate Allocation Agreements for each proposed national opioid settlement.

DISCUSSION:

The State of California is participating in five new proposed national opioid settlements. The City of Yucaipa has received a participation package which includes participation forms and state subdivision agreements for settlements related to Teva, Allergan, CVS, Walgreens and Walmart.

The participation package also includes a side letter agreement between California and CVS. In order to considered for payment eligibility and initial participation calculations, the City must execute and submit the forms and agreements prior to April 18, 2023.

Funds received from these settlements are limited use and must be used for future opioid remediation.

FISCAL IMPACT:

An approval of this item will allow the City to be considered for payment eligibility in five national opioid settlements.

Attachment: Resolution No. 2023-05
Approved by: m -� -�-—•_.
168

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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF YUCAIPA,

CALIFORNIA, AUTHORIZING THE CITE' MANAGER TO ENTER

SETTLEMENT AGREEMENTS WITH ENTITIES WITHIN THE OPIOID

PHARMACEUTICAL SUPPLY CHAIN
WHEREAS, the City of Yucaipa, California is a city formed and organized pursuant to the Constitution and laws of the State of California; and WHEREAS, the, people of the City of Yucaipa have been harmed by misfeasance, nonfeasance and malfeasance committed by certain entities within the Opioid Pharmaceutical Supply Chain; and
WHEREAS, the State of California, through its Attorney General, and certain Local Governments, through their elected representatives and counsel, are separately engaged in litigation seeking to hold Opioid Pharmaceutical Supply Chain Participants accountable for the damage caused by their misfeasance, nonfeasance and malfeasance; and WHEREAS, the State of California, through its Governor and Attorney General, and its Local Governments have negotiated global settlement agreements that the City of Yucaipa may participate in; and
WHEREAS, the City of Yucaipa has already participated in several such agreements and the City anticipates participating in more in the future.

NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YUCAIPA, CALIFORNIA THAT the Yucaipa City Council hereby authorizes the City Manager to execute future settlement agreements and any other documents necessary to effectuate settlement with entities in the Opioid Pharmaceutical Supply Chain so long as such settlements are approved as to forth by the City Attorney.

PASSED, APPROVED AND ADOPTED this 13th day of March, 2023.

City Clerk
Resolution No. 2023-05
Justin Beaver, Mayor

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