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HomeMy WebLinkAbout11161Oi cLcLolw City Clerk's Office Item # S18 i Background Paper for Proposed Action Item COUNCIL MEETING DATE: April 27, 2026 TO: President Mark Aliff and Members of City Council CC: Mayor Heather Graham VIA: Clyde Bishop, City Clerk FROM: Chris Noeller, Chief of Police SUBJECT: AN ORDINANCE APPROVING AND AUTHORIZING THE MAYOR TO SIGN A COMBINED SUBDIVISION PARTICIPATION AND RELEASE FORM WITH RESPECT TO THE NATIONAL OPIOIDS SETTLEMENT REACHED WITH ASSOCIATED PHARMACIES, INC.; 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. ("SIX REMNANT DEFENDANTS") SUMMARY: This Ordinance approves and authorizes the Mayor to sign a Subdivision Participation and General Release Agreement concerning the recovery of settlement funds by the City as a result of the opioid crisis. PREVIOUS COUNCIL ACTION: Since 2021, the City Council has approved settlement participation agreements with respect to previous settlement agreements between the Colorado Attorney General and opioid manufacturers and distributors. BACKGROUND: A new proposed national opioids settlement ("Six Remnant Defendants Settlement") has been reached with six regional distributors/dispenser defendants: 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). The Administration is recommending that the City join in the Six Remnant Defendants Settlement. In order to do so, the attached Settlement Participation and General Release Agreements must be approved by the Pueblo City Council and returned to the Office of the Colorado Attorney General no later than May 4, 2026. FINANCIAL IMPLICATIONS: The state of Colorado stands to receive an estimated $97,625,000.00 if enough local governments join the settlement, and the City of Pueblo would receive a small portion of those funds according to the distribution schedule. BOARD/COMMISSION RECOMMENDATION: Not applicable to this Ordinance. STAKEHOLDER PROCESS: Not applicable to this Ordinance. ALTERNATIVES: City Council could decide not to participate in the settlement.. RECOMMENDATION: Approval of the Ordinance. ATTACHMENTS: 1. Participation Form -Six Remnant Defendants Settlement ORDINANCE NO. 1116,1 AN ORDINANCE APPROVING AND AUTHORIZING THE MAYOR TO SIGN A COMBINED SUBDIVISION PARTICIPATION AND RELEASE FORM WITH RESPECT TO THE NATIONAL OPIOIDS SETTLEMENT REACHED WITH ASSOCIATED PHARMACIES, INC.; 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. ("SIX REMNANT DEFENDANTS") BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The Combined Subdivision Participation and Release Form for the Six Remnant Defendants Settlement, a copy of which is attached hereto, is hereby approved. SECTION 2. The Mayor is hereby authorized to execute said Combined Subdivision Participation and Release Form for and on behalf of the City and the City Clerk is authorized to affix the seal of the City thereto and attest same. SECTION 3. The officers and staff of the City are authorized to perform any and all acts consistent with this Ordinance and the attached Participation and Release Form to implement the policies and procedures described herein. SECTION 4. Pursuant to Ordinance No. 10406, all distributed funds under the settlement are budgeted and appropriated into Fund No. 226 - Opioid Abatement Settlement and shall only be used for payment of eligible expenses. SECTION 5. This Ordinance shall become effective on the date of final action by the Mayor and City Council. Action by City Council: Introduced and initial adoption of Ordinance by City Council on April 1 q, 2026. Final adoption of Ordinance by City Council on April 27, 2026. Vice Presider# Of City Action by the Mayor: Approved on Disapproved on based on the following objections: Mayor ❑ Council did not act to override the Mayor's veto. ❑ Ordinance re -adopted on a vote of on ❑ Council action on failed to override the Mayor's veto. President of City Council ATTE City Cir