Subject:
Title
National Opioid Settlement - County Approval and Authorization to Sign Endo Health Solutions, Inc. and Endo Pharmaceuticals, Inc., Settlement Agreement and similar future Settlement Agreements Under Florida's Opioid Settlement Plan
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Fiscal Impact:
The estimated Endo settlement for Brevard County is $196,933.84 and $853,335.82 towards the regional fund
There is the potential for future Opioid Litigation Settlement Funds for Opioid Abatement in Brevard County in accordance with BoCC direction on October 26, 2021.
Dept/Office:
Housing and Human Services
Requested Action:
Recommendation
It is requested that the Board of County Commissioners:
(1) accept the attached settlement between the State of Florida and Endo Health Solutions, Inc and Endo Pharmaceuticals, Inc. (hereinafter Endo) and authorize the Housing and Human Services Director to execute all settlement documentation and to take all other necessary action required by this settlement upon approval of Outside Counsel, the County Attorney's Office, Risk Management and the County Manager;
(2) authorize the Housing and Human Services Department Director to accept, on behalf of the County, all future settlements between the State of Florida and various Defendants in the opioid litigation and to execute all required documentation and take all other actions necessary to ensure the successful distribution of settlement funds to Brevard County upon approval of Outside Counsel, the County Attorney's Office, Risk Management and the County Manager, and
(3) authorize the County Manager to execute necessary budget change requests relating to all Opioid Settlement funds received by Brevard County.
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Summary Explanation and Background:
On May 18, 2021, the Board of County Commissioners (BoCC) authorized Resolution 21-071, which committed the County to participating in the State of Florida's Memorandum of Understanding regarding the use and distribution of opioid settlement funds (the Florida Pl...
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