GCISD authorizes participation in Purdue Pharma bankruptcy settlements

Grapevine‑Colleyville ISD trustees on Sept. 29 approved a resolution authorizing the district to participate in bankruptcy settlements tied to Purdue Pharma and related legal proceedings. The board’s action instructs the superintendent and district legal counsel to release claims as necessary for the district to qualify for settlement distributions.

Nut graf: The resolution lets the district pursue potential settlement funds that arise from national opioid litigation and related bankruptcy plans. The money would flow through settlement administrators or state channels and, if realized, would be distributed over time to participating local entities, including school districts and other government bodies.

Presentation and scope: Paula (staff member) summarized three settlement categories and said the district’s possible share cannot be quantified at present. One settlement category relates to a former self‑funded health plan and would require submission of plan data; other categories will be administered through broader settlement administrators, including the Texas attorney general for a statewide allocation. Paula said the district has limited ability to estimate amounts but recommended authorizing staff to take the steps necessary to participate.

Trustee action: The board voted 7–0 to approve the resolution and to authorize the superintendent and district counsel to execute necessary documents and opt‑in forms.

Ending: Trustees said the district would monitor distributions and reported back to the board if settlement proceeds are allocated to the district.