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FY2023-26 Accepting Additional Opioid Settlement Revenues Negotiated By The State Of Alaska1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 KODIAK ISLAND BOROUGH RESOLUTION NO. FY2023-26 A RESOLUTION OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH AGREEING TO ACCEPT ADDITIONAL OPIOID SETTLEMENT REVENUES NEGOTIATED BY THE STATE OF ALASKA WHEREAS, opioids have devastated individuals and significantly harmed communities throughout Alaska, and litigation settlement funds need the flexibility to abate opioid impacts, current and future; and WHEREAS, municipalities in Alaska are uniquely suited to help utilize or distribute opioid settlement funds because of the array of services provided by municipalities and by local providers; and WHEREAS, the Kodiak Island Borough agreed to the terms of the 2022 settlements negotiated by the State of Alaska, including accepting the agreement to forego future litigation and to utilize settlement funds for opioid abatement with approval of Resolution No. FY2022-10; and WHEREAS, the State of Alaska has negotiated additional opioid claim settlements with additional defendants, and expects to negotiate further settlements in the future; and WHEREAS, the settlements negotiated by the State of Alaska have included allocation of a portion of the settlement proceeds to the larger municipalities in the State, resulting in a portion of the funds being directed to the Kodiak Island Borough, conditioned on the Kodiak Island Borough accepting and agreeing to the settlement terms; and WHEREAS, the Assembly finds that the State of Alaska is negotiating settlements in these cases in pursuit of the best interests of all of the State and participating municipalities, and joining in the settlements negotiated by the State Alaska is much more cost effective than municipalities pursuing separate claims; and WHEREAS, all future revenues received from opioid related settlements negotiated by the State of Alaska will be accepted and accounted for within the Borough's Opioid Class Action Settlement fund. NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH that Section 1. The Kodiak Island Borough agrees to the terms of the 2023 settlements with Teva, Allergan, CVS, Walgreens, and Walmart negotiated by the State of Alaska, including accepting the agreement to forego future litigation and to utilize settlement funds for opioid abatement; and Resolution No. FY2023-26 Page 1 of 2 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 Section 2. The Borough Attorney is authorized to agree to the terms of the settlements, and the Borough Manager is authorized, on behalf of the Kodiak Island Borough, to execute such documents as are required to accomplish the settlement; and Section 3. The Kodiak Island Borough Assembly authorizes the Borough Attorney and Borough Manager to accept, on behalf of the Kodiak Island Borough, additional opioid settlements which may be negotiated in the future by the State of Alaska on behalf of the State and municipalities with manufacturers, distributors, and other defendants. Section 4. This resolution is effective immediately upon adoption in accordance with section 1.10.040 of the Borough Code. ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THIS SIXTEENTH DAY OF MARCH, 2023 KODIAK ISLAND BOROUGH Aimee Williams, Mayor VOTES: Ayes: Arndt, Delgado, Griffin, LeDoux, and Turner Absent: Smiley and Smith ATTE T:: % ]� `� /y) I �IV ° V' Nova M. Javier, MMC, Borough Clerk Resolution No. FY2023-26 Page 2 of 2