[{"_1":2,"_99":-5,"_100":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75,87],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":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,"_71":68,"_72":73,"_74":73},"mediaId",6461803,"mediaKeyId","5822381-011706725c192e6ebe207c2dce38a08d","parentId",5822381,"title","Altus council unanimously adopts resolution to join Purdue bankruptcy settlements and manufacturer agreements","audioSeconds",107,"startMs",239000,"endMs",346000,"viewUrl","/Search/View?dp=1&key=5822381-011706725c192e6ebe207c2dce38a08d&start=239&end=346","thumbnailUrl","https://assets.pipeline.soar.com/5822381-011706725c192e6ebe207c2dce38a08d/thumbnail_239000.jpg","articleUrl","/articles/6461803/Altus/Jackson-County/Oklahoma/Altus-council-unanimously-adopts-resolution-to-join-Purdue-bankruptcy-settlements-and-manufacturer-agreements","mediaUrl","https://secure.pipeline.soar.com/6461803-fabcf6a0338007cae5fc5116927bcc4b/orig.mp4?Expires=1771174461&Signature=BsVlLqmc1Yn7-r1vr7zWmpAoMy~WJIGa6nftEbXGcuTkW2Wwu~3HpHgR19-8eE8q3Am-JkgiYN-5kXtn5XKgK3AY9ttYhjsvnCzI~0cUlTJ1vI~SPd76X-XlqnjHbi8F2B0e~E~uVluqx3c7DqOxyEcsxHa10-pKKEbybelIrMqaAut8DElVYNzL02U8N3hNagSS2Z5BOtY8Ow09c1AO5dndU2tNQFH6f2K1t53fuBx2O2EIOIeZddhaHwEFPWTt-IsRxN7OXEot7YEA7P6MdzURwhRFzqjSgNbMvr75q0SFCc6sTpXuwZIn1U5MqWVyfdeVu1eqvfTcg4hMBoPG5Q__&Key-Pair-Id=KUT5TJCACFTXG","author","City of Altus, OK","date","2025-09-24T00:00:00Z","article","The Altus City Council on June 17, 2025, adopted Resolution 2025-18 approving the city’s participation in the thirteenth amended chapter 11 plan of reorganization for Purdue Pharma L.P., authorizing voting to accept a governmental-entity settlement agreement dated June 17, 2025 (GESA), and approving participation in a series of manufacturer settlement agreements.

The resolution authorizes council legal counsel to vote by master ballot or otherwise to accept the Purdue plan, approves the city’s participation in the GESA, and authorizes the mayor or the mayor’s designee to execute subdivision participation forms required by the plan and the GESA. It also approves participation in settlement agreements with multiple manufacturers and authorizes the mayor or designee to sign combined subdivision participation forms related to those manufacturer settlements.

Under the resolution the council authorized participation in settlements with, among others, Alvogen Inc.; Amneal Pharmaceuticals, Inc.; Apotex Inc.; Hikma Pharmaceuticals USA Inc.; Indivior Inc.; Mylan Pharmaceuticals Inc.; Sandoz Inc.; Sun Pharmaceutical Industries Ltd.; and Zydus Pharmaceuticals. The resolution instructs city legal counsel to vote to accept the plan and related agreements as needed by the claims-resolution process in the Purdue bankruptcy proceedings.

Why this matters: the settlements and the chapter 11 plan are part of nationwide litigation and bankruptcy proceedings tied to opioid claims; participation determines what claims, releases, or recovery the city may accept or pursue as the broader national settlement process moves forward.

The council’s vote was recorded as unanimous. The roll-call sequence in the transcript shows affirmations by Councilmember Jonathan Bergmark; Councilmember Joel Jinx; Councilmember Reister; Councilmember Malcolm Dash; Councilmember Austin Leverett; Councilmember Roberta Brady (recorded in the meeting as “Brady Lee”); Councilmember Sally Maines; Councilmember Cody Nelson; and Councilmember Robert Garrison.

The council had met in an executive session immediately before the vote to hold confidential communications with counsel about the proposed settlements and related litigation, including matters tied to the Purdue bankruptcy and other pharmaceutical-related lawsuits. The meeting record shows the city discussed the pending federal cases in closed session under the authority cited in state law during that executive-session discussion.

No financial figures for the city’s expected recovery or allocation were specified in the discussion recorded in the transcript. The resolution text and the related participation forms were described at the meeting; the mayor or the mayor’s designee is authorized to sign documents required to enroll the city in these settlement processes.

The council moved on to other agenda items after adopting Resolution 2025-18.","mediaType","Video","parentTitle","Altus City Council Special Meeting September 24, 2025","oneSentenceSummary","The Altus City Council adopted Resolution 2025-18 authorizing the city to participate in the thirteenth amended chapter 11 plan for Purdue Pharma L.P., a governmental-entity settlement agreement dated June 17, 2025, and related manufacturer settlement agreements; the council authorized the mayor or the mayor’s designee to execute participation and ","taxTitle","Altus, Jackson County, Oklahoma","taxId",63715,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6461793,"Altus council approves contract to build water tower at Detention Pond 32 to improve northern water pressure",43,464000,507000,"/Search/View?dp=1&key=5822381-011706725c192e6ebe207c2dce38a08d&start=464&end=507","https://assets.pipeline.soar.com/5822381-011706725c192e6ebe207c2dce38a08d/thumbnail_464000.jpg","/articles/6461793/Altus/Jackson-County/Oklahoma/Altus-council-approves-contract-to-build-water-tower-at-Detention-Pond-32-to-improve-northern-water-pressure","https://secure.pipeline.soar.com/6461793-1153f95b39c63712ec31414556a45f31/orig.mp4?Expires=1771174461&Signature=aD8YzkQAQH06-Hnc7sg-dzlaf2LTVOITz~Yelxek9upVfr6x~Jnia2fBrJiysw2QObOLaG5b11e6zQt3tWvHplsPBvSFsM51mzBiNcD56RL6MDtUnXuakM0uMgguAR4pSRACoevlfvhTSlH-lmT7dF7GLUDz9~WVjaXj3~qSClJ0lNXznqkJjCTXU7p3eSZTUn4mMH-oWNesExARAiu8HZ2NUuWmi2fD1ASFI4WGuz4GPQFqN34baocfBkhn0Xf1n9nZtH5hHoggJs6o5pqgREnSLu1LgpyXwxuPd7k6JwEKX9yDhUAPfDe0UWir0Sp3eufRavxcByqIiCvsb3U~5A__&Key-Pair-Id=KUT5TJCACFTXG","The Altus City Council on June 17, 2025, approved a contract to construct a water tower at Detention Pond 32 on Heritage Road and authorized the mayor to sign the final contract and related documents, pending finalization of contract documents.

City staff told the council the new tower will improve water pressure in the northern part of Altus, support an industrial site at the Yates Farm, and is funded with grant money through the American Rescue Plan Act (ARPA) and PREP funds. Staff said the grant approvals are complete and that state oversight has tightened in some similar projects, requiring additional administrative steps the city has completed. The project is time sensitive, and the transcript records a completion deadline of December 26; the transcript does not specify the year for that deadline.

The council moved and seconded the motion and recorded unanimous assent in the roll-call vote. Councilmembers recorded as voting yes in the transcript include Councilmember Cody Nelson; Councilmember Sally Maines; Councilmember Roberta Brady; Councilmember Austin Leverett; Councilmember Jonathan Bergmark; Councilmember Joel Jinx; Councilmember Reister; Councilmember Malcolm Dash; and Councilmember Robert Garrison.

Staff told the council they believe construction can be completed sooner than the stated deadline but acknowledged weather could affect timing. The contract approval authorizes the mayor to sign the contract and any necessary related documents so the project can proceed to procurement and construction steps; final contract documents remain to be completed and executed as part of the process.","The council authorized a contract and mayoral signature to build a water tower near Detention Pond 32 on Heritage Road, funded by ARPA and PREP grants, to boost water pressure in northern Altus and support an industrial site; council set a project completion deadline the transcript records as December 26 (year not specified).",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":92,"_47":93,"_49":94,"_51":95,"_53":96,"_55":56,"_57":58,"_59":97,"_61":62,"_63":64,"_65":98,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6461798,"Altus approves joining Oklahoma CLASS investment pool to broaden municipal investment options",55,364000,419000,"/Search/View?dp=1&key=5822381-011706725c192e6ebe207c2dce38a08d&start=364&end=419","https://assets.pipeline.soar.com/5822381-011706725c192e6ebe207c2dce38a08d/thumbnail_364000.jpg","/articles/6461798/Altus/Jackson-County/Oklahoma/Altus-approves-joining-Oklahoma-CLASS-investment-pool-to-broaden-municipal-investment-options","https://secure.pipeline.soar.com/6461798-7fe54da90c53b3f784a5f5ab4296fac7/orig.mp4?Expires=1771174461&Signature=IznQBGtJamfVjLOjLpkrYHN2xKXXsMrnx7g81PwRUGLfRyCjAgSARruKHhTvlvBErxz5ls~93gAOrd15iQ8qE2Q22MD2zJDbM-VYW5leMIBFVFklczJU04kdMdVcILaYeVkhKjpEOFocAXmWd3Y8GF4WRJutLFmW7ZbWBEDVQzQd3E83XZ~~6faG1q4I2yyFShWB9rrnHxaP1MSbvJVslHXlPijhpwyzskOnrO9W9ZSlL-NwkclUPQ4Ap-KR7m4CU3sDGJsGc7OJHck2TuUoB73Pnnb5ehiustG0YD6JzPzGTowvZVdQA-VnHITBNWXAxk0Ii7TJHpLZKGWXT984SQ__&Key-Pair-Id=KUT5TJCACFTXG","The Altus City Council on June 17, 2025, voted to adopt Resolution 2025-19, authorizing the city to enter an interlocal agreement to participate in Oklahoma CLASS, a statewide government investment pool that allows municipalities to combine funds for broader investment access while maintaining liquid access to cash.

Council discussion and a staff presentation described Oklahoma CLASS as a pooled investment vehicle used by other Oklahoma cities, including Oklahoma City and Tulsa, that invests in securities and other instruments while preserving liquidity so participants may withdraw funds quickly. A staff speaker told the council the pool increases the city’s “buying power” for investment purposes while keeping money available the same day or the next day, in contrast to longer-term securities the city holds in other investment accounts.

The council moved and seconded the resolution and recorded unanimous assent in the roll-call vote. Councilmembers recorded as voting yes in the transcript included Councilmember Austin Leverett; Councilmember Malcolm Dash; Councilmember Reister; Councilmember Roberta Brady; Councilmember Sally Maines; Councilmember Joel Jinx; Councilmember Jonathan Bergmark; Councilmember Cody Nelson; and Councilmember Robert Garrison.

The transcript records no dollar amounts being transferred into Oklahoma CLASS at the meeting; the resolution authorizes the city to enter the interlocal agreement and participate in the pool according to standard procedures.

City staff framed the pool as an additional investment tool to complement existing city investments, emphasizing liquidity and scale as the principal benefits.","The City of Altus adopted Resolution 2025-19 to enter an interlocal agreement establishing participation in the Oklahoma CLASS government investment pool, authorizing the city to place liquid funds into the pooled investment vehicle to increase buying power while maintaining same-day liquidity.","actionData","errors"]

Article not found

Altus council unanimously adopts resolution to join Purdue bankruptcy settlements and manufacturer agreements

Altus council approves contract to build water tower at Detention Pond 32 to improve northern water pressure

Altus approves joining Oklahoma CLASS investment pool to broaden municipal investment options