2022 43 RESOLUTION - Laserfiche WebLink

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RESOLUTION 2022-43 INTRODUCED BY: Mayor Bodnar AN EMERGENCY RESOLUTION AUTHORIZING THE DIRECTOR OF FINANCE TO ESTABLISH A VILLAGE LOCAL ONEOHIO OPIOID SETTLEMENT FUND IN ORDER TO RECEIVE, ACCOUNT FOR, AND SPEND ONEOHIO OPIOID LITIGATION SETTLEMENT FUNDS WHEREAS, the State of Ohio reached an $808 million settlement agreement with the three largest distributors of opioids; and WHEREAS, the State, with the knowledge, consent, and participation of its political subdivisions, developed the OneOhio Plan, a mechanism to ensure that any money from the negotiated settlement is distributed fairly to the communities hit hardest by the opioid crisis; and WHEREAS, the settlement agreement allocates 30% to local governments (LG Share), 55% to a foundation that will distribute funds to projects, and 15% to the Office of the Ohio Attorney General as Counsel for the State of Ohio; and WHEREAS, on March 10, 2022, the Auditor of State issued Bulletin 2022-003 setting forth guidelines for accounting for and utilizing OneOhio Plan LG Share monies, including the requirement for local government subdivisions to establish a separate special revenue fund for the receipt and expenditure of the settlement monies; and WHEREAS, it is the desire of Council to establish the "OneOhio Opioid Settlement Fund" in order to deposit any settlement monies received. NOW, THEREFORE, BE IT RESOLVED by the Council of the Village of Mayfield, County of Cuyahoga and State of Ohio, that: SECTION 1. Mayfield Village Council hereby authorizes the Director of Finance to establish a Village local special revenue fund titled the OneOhio Opioid Settlement Fund in order to receive, account for, and spend OneOhio opioid settlement funds distributed to the Village. SECTION 2. The Council finds and determines that all formal actions of this Council relating to the adoption of this Resolution have been taken at open meetings of this Council; and that deliberations of this Council and of its committees, resulting in such formal action, took place in meetings open to the public, in compliance with all statutory requirements including requirements of Section 121.22 of the Ohio Revised Code.