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HomeMy WebLinkAbout23-2224RESOLUTION NO. 23-2224 A RESOLUTION OF THE CITY OF DENTON OPTING OUT OF PROPOSED CLASS ACTION SETTLEMENT AGREEMENTS FOR THE AQUEOUS FILM-FORMING FOAM (AFF) PRODUCT LIABILITY LITIGATION (MDL 2872); DISTRICT COURT OF THE DISTRICT OF SOUTH CAROLrNA, MASTER DOCKET NO. 2:18-MN-2873-RMG; AND DECLARING AN EFFECTIVE DATE. WHEREAS, the City of Denton is potentially part of a class of plaintiffs included in proposed class action settlement agreements for the Aqueous Film-Forming Foam (AFF) Product Liability Litigation (MDL 2872); District Court of the District of South Carolina, Master Docket No. 2:18-MN-2873-RMG (the “MDL Action”); and WHEREAS, two settlement agreements with (i) 3M Company (“3M”) and (ii) E.I. Du Pont de Nemours and Company (n/k/a EIDP, Inc.), DuPont de Nemours Inc., The Chemours Company, The Chemours Company FC, LLC, and Corteva, Inc. (collectively, “DuPont”) have been reached and are under review in the MDL Action; and WHEREAS, City staff recommend opting out of the above referenced MDL Action settlement agreements; NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY RESOLVES: SECTION 1. The recitals and findings contained in the preamble of this resolution are incorporated into the body of this resolution. SECTION 2. City Council hereby directs and delegates authority to the City Manager, or their designee, and the City Attorney, or their designee, to take any and all actions required to opt out of the MDL Action settlement agreements. SECTION 3. This resolution, upon its passage and approval, shall be made effective immediately upon its approval. The motion tO approve this resolution was made by But Mel be r and seconded by JM[L;the resolution was passed and approved by the following vote IA - U Aye ,/ / V/ /7 Nay Abstain Absent Mayor Gerard Hudspeth: Vicki Byrd, District 1 : Brian Beck. District 2: Paul Meltzer. District 3 : Joe Holland, District 4: Brandon Chase McGee, At Large Place 5 :J Chris Watts, At Large Place 6:--/ PASSED AND APPROVED this the lq +-' day of I\)on +-\,t/, 2023 ATTEST: JESUS SALAZAR, CITY SECRETARY EERARD ISPEN i'gjU% APPROVED AS TO LEGAL FORM: MACK REINWAND, CITY ATTORNEY