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HomeMy WebLinkAbout26-1697 04-14-2026RESOLUTION NO. 26-1697 A RESOLUTION OF THE CITY OF EULESS, TEXAS, AUTHORIZING THE CITY MANAGER TO EXECUTE SETTLEMENT DOCUMENTS RELATING TO NATIONAL OPIOID LAWSUIT SETTLEMENTS AND TO TRANSMIT THOSE DOCUMENTS AND TAKE OTHER APPROPRIATE ACTIONS AS NECESSARY TO EFFECTUATE THE SETTLEMENTS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Euless ("City") is a home rule city acting under its Charter adopted by the electorate pursuant to Article XI, Section 5 of the Texas Constitution and Chapter 9 of the Local Government Code; and WHEREAS, the City has obtained information indicating that certain drug companies and their corporate affiliates, parents, subsidiaries, and such other defendants as may be added to the litigation (collectively "Defendants") have engaged in fraudulent and/or reckless marketing and/or distribution of opioids that have resulted in addictions and overdoses; and WHEREAS, the actions, conduct, and misconduct of these Defendants have resulted in significant financial cost to the City; and WHEREAS, multiple lawsuits have been filed throughout the nation against these Defendants in order to recoup costs incurred by governmental entities in connection with these actions; and WHEREAS, a new national opioid settlement has been reached with six regional distributor/dispenser defendants, specifically 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) (collectively, the "Six Remnant Defendants"); and WHEREAS, the proposed settlement with the Six Remnant Defendants is intended to resolve litigation and potential litigation relating to the opioid epidemic and, if effectuated, will result in the Six Remnant Defendants paying a combined $97,625,000.00 in cash for purposes of abating the opioid epidemic; and WHEREAS, to participate in the Six Remnant Defendants Settlement, each eligible entity must affirmatively opt in by executing and returning the Combined Subdivision Participation and Release Form on or before Monday, May 4, 2026; and WHEREAS, the City Council finds that participation in the Six Remnant Defendants Settlement and other settlements in national opioid lawsuits is in the best interest of the City and will assist the City in offsetting opioid-related costs and supporting opioid abatement uses as authorized by the settlement terms. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EULESS, TEXAS, THAT: SECTION 1. The City Council finds that there is a substantial need for repayment of opioid- related expenditures and payment to abate opioid-related harms in and about the City. The City Council understands that the purpose of the Six Remnant Defendants Settlement is to resolve claims relating to the opioid epidemic and to provide funds to eligible political subdivisions for opioid abatement. The City Council further understands that any settlement funds received by the City must be used for the Core Strategies and Approved Uses set forth in the Remnant Defendants Settlement Agreement. SECTION 2. The City Council hereby authorizes the City Manager to execute on the City's behalf the Combined Subdivision Participation and Release Form related to the Six Remnant Defendants Settlement. SECTION 3. Upon execution of the Combined Subdivision Participation and Release Form, the City Manager is authorized to send the executed form, along with this Resolution and any other documents necessary for participation in the settlement, as required for the City's participation in the Six Remnant Defendants Settlement. SECTION 4. The City Council hereby further authorizes the City Manager to execute on the City's behalf future settlements related to national opioid litigation as deemed advisable in order to offset costs incurred by the City in connection with the abatement of opioid- related harms and to take other appropriate actions deemed necessary to effectuate such settlements. SECTION 5. This resolution shall become effective immediately upon its passage and approval. APPROVED AND ADOPTED at a regular meeting of the Euless City Council on April 14, 2026, by a vote of 6 ayes, 0 nays, and 0 abstentions. APPROVED: Tim Sf nneford, $layor Pro Tem ATTEST: Sutter, TRMC, MMC City Secretary/Chief Governance Officer Resolution No. 26-1697, Page 2 of 2