Title
Approval of a Resolution Authorizing the City Manager to Execute All Documents Necessary for the City of Olympia to Participate in an Opioid Settlement Negotiated by the Washington State Attorney General with Certain Opioid Distributors
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve the Resolution Authorizing City Manager to Execute All Documents Necessary for the City of Olympia to Participate in an Opioid Settlement Negotiated by the Washington State Attorney General with Certain Opioid Distributors which will result in release of any claims belonging to the City of Olympia against the settling opioid distributors.
Report
Issue:
Whether to authorize the City Manager to execute the Participation Form, Allocation Agreement, and any other documents required for the City of Olympia to participate in the opioid settlement negotiated by the Washington Attorney General with opioid distributors Cardinal Health, AmerisourceBergen and McKesson.
Staff Contact:
Mark Barber, City Attorney, 360.753.8223
Presenter(s):
None - Consent Calendar Item.
Background and Analysis:
The City of Olympia has joined in federal multi-district court litigation to sue parties responsible for overdose deaths and harms resulting from use of opioids by residents of Olympia. The Attorney General of Washington (AGO), Bob Ferguson, brought a lawsuit against three of the largest opioid distributors, Cardinal Health, AmerisourceBergen and McKesson in King County Superior Court to recover monetary damages sustained by the state as a result of the reckless and negligent behavior of the distributors who profited from the opioid crisis at the expense of Washington state residents.
The AGO has negotiated a proposed settlement resolution with Cardinal Health, AmerisourceBergen and McKesson that will result in these three companies paying approximately $518 million over 17 years as compensation for harms to Washingt...
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