The Brownwood City Council on Tuesday morning, March 14, authorized the opt-in of the City of Brownwood in the settlements reached by the Texas Attorney General with Allergan, CVS, Walgreens and Walmart, and authorized the City Manager to execute all documentation necessary to participate in the settlements.
The Office of the Texas Attorney General announced proposed settlements have been reached with Allergan, CVS, Walgreens and Walmart, with Allergan paying $135 million, CVS paying $304 million, Walgreens paying $340 million and Walmart paying $170 million (collectively the “Settlement Amount”), to Texas and its political subdivisions. Of the Settlement Amount, the vast majority is earmarked for use by Texas and its political subdivisions to remediate and abate the impacts of the opioid crisis.
The City of Brownwood will receive the following direct allocation of money in the four settlements: $157,966.00. The direct allocation can be spent on any use that has an “Opioid Nexus”.
The City of Brownwood will also be eligible to apply for grants for regional monies allocated to Region 11 in the total amount of $7,694,214.00.