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HomeMy WebLinkAbout20213061.tiffRESOLUTION RE: APPROVE SETTLEMENT PARTICIPATION FORM, SUBDIVISION SETTLEMENT PARTICIPATION FORM, AND SUBDIVISION ESCROW AGREEMENT IN RELATION TO MEMORANDUM OF UNDERSTANDING FOR COLORADO OPIOIDS SETTLEMENT AND AUTHORIZE CHAIR TO SIGN - COLORADO COUNTIES, INC. (CCI) WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board has been presented with a Settlement Participation Form and a Subdivision Settlement Participation Form, further described as form Exhibits "K," and a Colorado Subdivision Escrow Agreement, all in relation to the Memorandum of Understanding for the Colorado Opioids Settlement (referenced form exhibits not being to this Resolution nor the abovementioned Memorandum of Understanding), from the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, submitted to Colorado Counties, Inc. (CCI), with further terms and conditions being as stated in said forms and agreement, and WHEREAS, after review, the Board deems it advisable to approve said forms and agreement, copies of which are attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Settlement Participation Form and Subdivision Settlement Participation Form, further described as form Exhibits "K," and the Colorado Subdivision Escrow Agreement, all in relation to the Memorandum of Understanding for the Colorado Opioids Settlement (referenced form exhibits not being to this Resolution nor the abovementioned Memorandum of Understanding), from the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, submitted to Colorado Counties, Inc. (CCI), be, and hereby are, approved. BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized to sign said forms and agreement. CC CA(BB) la./x3/,21 2021-3061 BC0055 SETTLEMENT PARTICIPATION FORM, SUBDIVISION SETTLEMENT PARTICIPATION FORM, AND SUBDIVISION ESCROW AGREEMENT IN RELATION TO MEMORANDUM OF UNDERSTANDING FOR COLORADO OPIOIDS SETTLEMENT - COLORADO COUNTIES, INC. (CCI) PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 1st day of November, A.D., 2021. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO ATTEST: ddeit4A) Weld County Clerk to the Board BY: Deputy Clerk to the Boar APPED ounty ttorney Date of signature: 11/15/Z Steveloreno, Chair erry L. B Lori S 2021-3061 BC0055 EXHIBIT K Settlement Participation Form Governmental Entity: Weld County Board of Commissioner State: Colorado Authorized Official: Steve Moreno, Chair Address 1: 1150 "0" Street Address 2: P.O. Box 758 City, State, Zip: Greeley, CO 80631 Phone: 970-400-4200 Email: kford@weldgov.com The governmental entity identified above ("Governmental Entity"), in order to obtain and in consideration for the benefits provided to the Governmental Entity pursuant to the Settlement Agreement dated July 21, 2021 ("Janssen Settlement"), and acting through the undersigned authorized official, hereby elects to participate in the Janssen Settlement, release all Released Claims against all Released Entities, and agrees as follows. 1. The Governmental Entity is aware of and has reviewed the Janssen Settlement, understands that all terms in this Election and Release have the meanings defined therein, and agrees that by this Election, the Governmental Entity elects to participate in the Janssen Settlement and become a Participating Subdivision as provided therein. 2. The Governmental Entity shall, within 14 days of the Reference Date and prior to the filing of the Consent Judgment, dismiss with prejudice any Released Claims that it has filed. 3. The Governmental Entity agrees to the terms of the Janssen Settlement pertaining to Subdivisions as defined therein. 4. By agreeing to the terms of the Janssen Settlement and becoming a Releasor, the Governmental Entity is entitled to the benefits provided therein, including, if applicable, monetary payments beginning after the Effective Date. 5. The Governmental Entity agrees to use any monies it receives through the Janssen Settlement solely for the purposes provided therein. 6. The Governmental Entity submits to the jurisdiction of the court in the Governmental Entity's state where the Consent Judgment is filed for purposes limited to that court's role as provided in, and for resolving disputes to the extent provided in, the Janssen Settlement. 7. The Governmental Entity has the right to enforce the Janssen Settlement as provided therein. 86 2021-3061 8. The Governmental Entity, as a Participating Subdivision, hereby becomes a Releasor for all purposes in the Janssen Settlement, including but not limited to all provisions of Section IV (Release), and along with all departments, agencies, divisions, boards, commissions, districts, instrumentalities of any kind and attorneys, and any person in their official capacity elected or appointed to serve any of the foregoing and any agency, person, or other entity claiming by or through any of the foregoing, and any other entity identified in the definition of Releasor, provides for a release to the fullest extent of its authority. As a Releasor, the Governmental Entity hereby absolutely, unconditionally, and irrevocably covenants not to bring, file, or claim, or to cause, assist or permit to be brought, filed, or claimed, or to otherwise seek to establish liability for any Released Claims against any Released Entity in any forum whatsoever. The releases provided for in the Janssen Settlement are intended by the Parties to be broad and shall be interpreted so as to give the Released Entities the broadest possible bar against any liability relating in any way to Released Claims and extend to the full extent of the power of the Governmental Entity to release claims. The Janssen Settlement shall be a complete bar to any Released Claim. 9. In connection with the releases provided for in the Janssen Settlement, each Governmental Entity expressly waives, releases, and forever discharges any and all provisions, rights, and benefits conferred by any law of any state or territory of the United States or other jurisdiction, or principle of common law, which is similar, comparable, or equivalent to § 1542 of the California Civil Code, which reads: General Release; extent. A general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor at the time of executing the release that, if known by him or her, would have materially affected his or her settlement with the debtor or released party. A Releasor may hereafter discover facts other than or different from those which it knows, believes, or assumes to be true with respect to the Released Claims, but each Governmental Entity hereby expressly waives and fully, finally, and forever settles, releases and discharges, upon the Effective Date, any and all Released Claims that may exist as of such date but which Releasors do not know or suspect to exist, whether through ignorance, oversight, error, negligence or through no fault whatsoever, and which, if known, would materially affect the Governmental Entities' decision to participate in the Janssen Settlement. 10. Nothing herein is intended to modify in any way the terms of the Janssen Settlement, to which Governmental Entity hereby agrees. To the extent this Election and Release is interpreted differently from the Janssen Settlement in any respect, the Janssen Settlement controls. 87 revised July 30, 2021 I have all necessary power and authorization to execute this Election and Release on behalf of the Governmental Entity. Signature: Name: Title: Date: 88 Steve Moreno Chair, Board of Weld County Commissioners NOV 0 1 2021 OQ—/ 36es, i revised July 30, 2021 DISTRIBUTORS' 9.18.21 EXHIBIT UPDATES EXHIBIT K Subdivision Settlement Participation Form Governmental Entity: Weld County Board of Commissioners State: Colorado Authorized Official: Steve Moreno, Chair Address 1: 1150 "0" Street Address 2: P.O. Box 80631 City, State, Zip: Greeley, CO 80631 Phone: 970-400-4200 Email: kford@weldgov.com The governmental entity identified above ("Governmental Entity"), in order to obtain and in consideration for the benefits provided to the Governmental Entity pursuant to the Settlement Agreement dated July 21, 2021 ("Distributor Settlement"), and acting through the undersigned authorized official, hereby elects to participate in the Distributor Settlement, release all Released Claims against all Released Entities, and agrees as follows. 1. The Governmental Entity is aware of and has reviewed the Distributor Settlement, understands that all terms in this Participation Form have the meanings defined therein, and agrees that by signing this Participation Form, the Governmental Entity elects to participate in the Distributor Settlement and become a Participating Subdivision as provided therein. 2. The Governmental Entity shall, within 14 days of the Reference Date and prior to the filing of the Consent Judgment, secure the dismissal with prejudice of any Released Claims that it has filed. 3. The Governmental Entity agrees to the terms of the Distributor Settlement pertaining to Subdivisions as defined therein. 4. By agreeing to the terms of the Distributor Settlement and becoming a Releasor, the Governmental Entity is entitled to the benefits provided therein, including, if applicable, monetary payments beginning after the Effective Date. 5. The Governmental Entity agrees to use any monies it receives through the Distributor Settlement solely for the purposes provided therein. 6. The Governmental Entity submits to the jurisdiction of the court in the Governmental Entity's state where the Consent Judgment is filed for purposes limited to that court's role as provided in, and for resolving disputes to the extent provided in, the Distributor Settlement. The Governmental Entity likewise agrees to arbitrate before the National Arbitration Panel as provided in, and for resolving disputes to the extent otherwise provided in, the Distributor Settlement. K-1 a oo2-/ - 3 DCa DISTRIBUTORS' 9.18.21 EXHIBIT UPDATES 7. The Governmental Entity has the right to enforce the Distributor Settlement as provided therein. 8. The Governmental Entity, as a Participating Subdivision, hereby becomes a Releasor for all purposes in the Distributor Settlement, including, but not limited to, all provisions of Part XI, and along with all departments, agencies, divisions, boards, commissions, districts, instrumentalities of any kind and attorneys, and any person in their official capacity elected or appointed to serve any of the foregoing and any agency, person, or other entity claiming by or through any of the foregoing, and any other entity identified in the definition of Releasor, provides for a release to the fullest extent of its authority. As a Releasor, the Governmental Entity hereby absolutely, unconditionally, and irrevocably covenants not to bring, file, or claim, or to cause, assist or permit to be brought, filed, or claimed, or to otherwise seek to establish liability for any Released Claims against any Released Entity in any forum whatsoever. The releases provided for in the Distributor Settlement are intended by the Parties to be broad and shall be interpreted so as to give the Released Entities the broadest possible bar against any liability relating in any way to Released Claims and extend to the full extent of the power of the Governmental Entity to release claims. The Distributor Settlement shall be a complete bar to any Released Claim. 9. The Governmental Entity hereby takes on all rights and obligations of a Participating Subdivision as set forth in the Distributor Settlement. 10. In connection with the releases provided for in the Distributor Settlement, each Governmental Entity expressly waives, releases, and forever discharges any and all provisions, rights, and benefits conferred by any law of any state or territory of the United States or other jurisdiction, or principle of common law, which is similar, comparable, or equivalent to § 1542 of the California Civil Code, which reads: General Release; extent. A general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor at the time of executing the release, and that if known by him or her would have materially affected his or her settlement with the debtor or released party. A Releasor may hereafter discover facts other than or different from those which it knows, believes, or assumes to be true with respect to the Released Claims, but each Governmental Entity hereby expressly waives and fully, finally, and forever settles, releases and discharges, upon the Effective Date, any and all Released Claims that may exist as of such date but which Releasors do not know or suspect to exist, whether through ignorance, oversight, error, negligence or through no fault whatsoever, and which, if known, would materially affect the Governmental Entities' decision to participate in the Distributor Settlement. K-2 DISTRIBUTORS' 9.18.21 EXHIBIT UPDATES 11. Nothing herein is intended to modify in any way the terms of the Distributor Settlement, to which Governmental Entity hereby agrees. To the extent this Participation Form is interpreted differently from the Distributor Settlement in any respect, the Distributor Settlement controls. I have all necessary power and authorization to execute this Participation Form on behalf of the Governmental Entity. Signature: 71--t- Name: Steve Moreno Chair, Board of Weld Title: County Commissioners Date: !3V 0 1 2021 K-3 O7-00 - 501, I Colorado Subdivision Escrow Agreement Governmental Entity: Weld County Board of Commissioners State: CO Authorized Official: Steve Moreno, Chair Address 1: 1150 "0" Street Address 2: P.O. Box 758 City, State, Zip: Greeley, CO 80631 Phone: 970-400-4200 Email: kford@weldgov.com The governmental entity identified above ("Governmental Entity") hereby provides Colorado Counties, Inc. (for counties) or the Colorado Municipal League (for municipalities) ("Escrow Agent") the enclosed copies of the Governmental Entity's endorsed Subdivision Settlement Participation Forms and the Colorado Opioids Settlement Memorandum of Understanding ("Colorado MOU"), to be held in escrow. The Subdivision Settlement Participation Forms apply respectively to (1) the National Settlement Agreement with McKesson Corporation, Cardinal Health, Inc., and AmerisourceBergen Corporation, dated July 21, 2021 ("Distributor Settlement"); and (2) the National Settlement Agreement with Janssen Pharmaceuticals, Inc., and its parent company Johnson & Johnson, dated July 21, 2021 ("J&J Settlement"). Pursuant to this Agreement, the Subdivision Settlement Participation Forms and the Colorado MOU will be released only if there is 95% participation by local governments in Colorado as further explained below. Purpose of this Agreement By endorsing a Subdivision Settlement Participation Form in the Distributor Settlement and the J&J Settlement, a governmental entity agrees to participate in those settlements and release any legal claims it has or may have against those settling pharmaceutical companies. This Colorado Subdivision Escrow Agreement is meant to ensure that the legal claims of governmental entities in Colorado will be released only when 95% participation by certain governmental entities has been reached. That 95% participation threshold is important because it signals to the settling pharmaceutical companies that the settlement has wide acceptance which will then secure significant incentive payments under these settlement agreements. Escrow The Escrow Agent shall promptly report the receipt of any Governmental Entity's endorsed Subdivision Settlement Participation Forms and Colorado MOUs to the Colorado Attorney General's Office and to the law firm of Keller Rohrback L.L.P. These documents shall be released by the Escrow Agent to the Colorado Attorney General's Office if and when the Escrow Agent is notified by the Attorney General's Office and Keller Rohrback that that the threshold 95% participation levels have been reached for both the Distributor Settlement and the J&J Settlement, as further described below. If by December 29, 2021, the Escrow Agent has not received notification that the threshold 95% levels have been reached for both the Distributor Settlement and the J&J Settlements, then the documents being escrowed shall be returned to the Governmental Entities and all copies shall be destroyed. Distributor Settlement The Attorney General's Office and Keller Rohrback shall jointly submit a written notification to the Escrow Agent when it has been determined that the percentages of populations eligible for Incentives B and C, as described in Sections IV.F.2 and IV.F.3 of the Distributor Settlement, are each 95% or more. For purposes of this Escrow Agreement, the percentages of populations eligible for Incentives B and C under the Distributor Settlement will include governmental entities that sign a Subdivision Settlement Participation Form subject to an escrow agreement and governmental entities that sign a Subdivision Settlement Participation Form that is not subject to an escrow agreement. J&J Settlement The Attorney General's Office and Keller Rohrback shall jointly submit a written notification to the Escrow Agent when it has been determined that the Participation or Case -Specific Resolution Levels for Incentives B and C, as described in Sections V.E.5 and V.E.6 of the J&J Settlement, are each 95% or more. For purposes of this Escrow Agreement, the percentages or populations eligible for Incentives B and C under the J&J Settlement will include governmental entities that sign a Subdivision Settlement Participation Form subject to an escrow agreement and governmental entities that sign a Subdivision Settlement Participation Form that is not subject to an escrow agreement. Colorado Subdivision Name Weld County Board of Commissioners Steve Moreno, Clair ?)1O -1,2..)4...O- NOV 0 1 2021 Authorized Signature Date c2o02./- 30( / SETTLEMENT PARTICIPATION FORM, SUBDIVISION SETTLEMENT PARTICIPATION FORM, AND COLORADO SUBDIVISION ESCROW AGREEMENT APPROVED AS TO SUBSTANCE: Elected Official or Department Head APPROVED AS ID FUNDING: Controller APP AS TO FORM: County Attorney Chloe Rempel From: Sent: To: Cc: Subject: Attachments: Bruce Barker Thursday, October 28, 2021 9:16 AM Commissioners; Don Warden; Ryan Rose Esther Gesick; CTB Last Documents for Opioid MOU 4 Johnson 8t, Johnson - Janssen Opioid Settlement Participation Form.pdf; 5 Distributor Opioid Settlement Participation Form.pdf; 6 Local Government Opioid Escrow Agreement.pdf Found out yesterday from the State that they need the BOCC to approve and sign the attached documents in order to participate in the MOU. I thought your approval of the settlements and escrow was implied in the MOU the BOCC approved on Monday. However, the State believes it necessary for each local government to approve and sign the separate settlement in order to get the funds. These will be on the BOCC agenda for approval on Monday. I recommend a single agenda item and resolution will be sufficient. Bruce T. Barker, Esq. Weld County Attorney P.O. Box 758 1150 "O" Street Greeley, CO 80632 (970) 400-4390 Fax: (970) 352-0242 Confidentiality Notice: This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed and may contain information that is attorney privileged and confidential, or otherwise protected from disclosure. If you have received this communication in error, please immediately notify sender by return e-mail and destroy the communication. Any disclosure, copying, distribution or the taking of any action concerning the contents of this communication or any attachments by anyone other than the named recipient is strictly prohibited. 1 Hello