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Speedway council signs participation form for Purdue opioid settlement; award amount not yet specified
Summary
The council approved a participation and release form for the Purdue/Sackler opioid settlement. Town staff said the town is already effectively opted in under state statute but the settlement requires a signed agreement; the exact distribution amount for Speedway has not been posted yet.
The Town of Speedway Town Council on Aug. 25 approved a participation and release form so the town can receive funds from a Purdue/Sackler opioid settlement.
Philip Faust, town clerk treasurer, and Town Attorney Ted Nolting briefed the council, saying state statute and the Indiana Attorney General’s office had previously set mechanisms for political subdivisions to receive opioid-settlement funds. Faust said Speedway was…
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