Subject:
Title
Proposed ratification of certain participation agreements and vote regarding plan confirmation in opioid settlements pursuant to the Florida Plan.
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Recommended Action:
Recommended Action
Ratification of the Administrator’s delegated approval to execute agreements to effectuate the Florida Plan.
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Strategic Priorities:
N/A
Summary:
Summary
The Board, via Resolution 21-45, agreed to participate in state-wide settlement with the Attorney General. In addition to authorizing the County Administrator to execute the final MOU setting forth the Florida Plan, the Resolution authorizes the County Administrator to execute “any formal agreements implementing a unified plan for the allocation and use of opioid settlement proceeds that is not substantially inconsistent with the Florida Memorandum of Understanding and this Resolution, subject to approval as to form by the County Attorney’s Office.” The Participation Agreements were reviewed and approved as to form by your outside counsel and the County Attorney’s Office. Thereafter, these Agreements were executed by the County Administrator.
The Participation Agreements effectuate the unified plan for allocation and use of settlement proceeds in that the amount of money that flows to Florida is based, at least in part, on the Attorney General’s representation regarding the number of participating governmental subdivisions.
It is requested that participation in the settlements with Secondary Manufacturers, and the action taken by the Administrator in the Purdue bankruptcy be ratified.
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Background Information:
This matter was previously brought before the Board on July 13, 2021, under Legistar item no. 21-1230A, approving Resolution 21-45 and item no. 21-1256A regarding plan confirmation in the Purdue bankruptcy.
Fiscal Impact:
Unknown.
Staff Member Responsible:
Jewel White, County Attorney
Christy Donovan Pemberton, Managing Assistant County Attorney
Partners:
N/A
Attachments:
N/A