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Morgantown approves participation in new Purdue/Sackler settlement; city share modest, regional fund substantial
Summary
Council voted 7-0 on Aug. 26 to participate in a new settlement tied to the Purdue Pharma bankruptcy. Staff said the city can expect an approximate $65,000 allocation over nine years under West Virginia's distribution framework; most funds will be distributed through the West Virginia First Foundation.
Morgantown City Council voted unanimously on Aug. 26 to participate in a proposed settlement tied to the Purdue Pharma bankruptcy that would provide additional opioid-settlement funds to the state and local governments. City staff said the settlement would be implemented under the West Virginia First memorandum of understanding adopted in February 2022. Under the allocation framework described by staff, roughly 24.5 percent of settlement funds are…
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