My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
12-20-21-SR
ArdenHills
>
Administration
>
City Council
>
City Council Packets
>
2020-2029
>
2021
>
12-20-21-SR
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
12/16/2021 1:10:50 PM
Creation date
12/16/2021 1:10:23 PM
Metadata
Fields
Template:
General
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
53
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
3 <br /> <br /> <br />“National Settlement Agreements” means the national opioid settlement agreements with <br />the Parties and one or all of the Settling Defendants concerning alleged misconduct in <br />manufacture, marketing, promotion, distribution, or dispensing of an opioid analgesic. <br /> <br />“Opioid Settlement Funds” shall mean all funds allocated by the National Settlement <br />Agreements and any Bankruptcy Resolutions to the State and Local Governments for <br />purposes of opioid remediation activities or restitution, as well as any repayment of those <br />funds and any interest or investment earnings that may accrue as those funds are <br />temporarily held before being expended on opioid remediation strategies. <br /> <br />“Opioid Supply Chain Participants” means entities that engage in or have engaged in the <br />manufacture, marketing, promotion, distribution, or dispensing of an opioid analgesic, <br />including their officers, directors, employees, or agents, acting in their capacity as such. <br /> <br />“Parties” means the State and the Participating Local Governments. <br /> <br />“Participating Local Government” means a county or city within the geographic boundaries <br />of the State of Minnesota that has signed this Memorandum of Agreement and has executed <br />a release of claims with the Settling Defendants by signing on to the National Settlement <br />Agreements. For the avoidance of doubt, a Local Government must sign this MOA to <br />become a “Participating Local Government.” <br /> <br />“Region” is defined in Section II.H below. <br /> <br />“Settling Defendants” means Johnson & Johnson, AmerisourceBergen, Cardinal Health, <br />and McKesson, as well as their subsidiaries, affiliates, officers, and directors named in a <br />National Settlement Agreement. <br /> <br />“State” means the State of Minnesota by and through its Attorney General, Keith Ellison. <br /> <br />“State Abatement Fund” is defined in Section II.B below. <br /> <br />II. Allocation of Settlement Proceeds <br /> <br />A. Method of distribution. Pursuant to the National Settlement Agreements and any <br />Bankruptcy Resolutions, Opioid Settlement Funds shall be distributed directly to the State <br />and directly to Participating Local Governments in such proportions and for such uses as <br />set forth in this MOA, provided Opioid Settlement Funds shall not be considered funds of <br />the State or any Participating Local Government unless and until such time as each annual <br />distribution is made. <br /> <br />B. Overall allocation of funds. Opioid Settlement Funds will be initially allocated as follows: <br />(i) 25% directly to the State (“State Abatement Fund”), and (ii) 75% directly to abatement <br />funds established by Participating Local Governments (“Local Abatement Funds”). This <br />initial allocation is subject to modification by Sections II.F, II.G, and II.H, below.
The URL can be used to link to this page
Your browser does not support the video tag.