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Gholson council agrees to open separate bank account for opioid settlement funds
Summary
Council voted to open a separate account at American Bank to receive opioid abatement settlement funds and agreed staff should keep that money separate from general funds; motion recorded as unanimous in meeting minutes.
City staff informed the council that the city had received opioid settlement funds that must be used for abatement purposes. The secretary (speaker 1) said the funds "need to be put in our channels so they can be spent" for eligible abatement activities and recommended a separate bank account.
Councilor speaker 13 moved to open a dedicated account for the opioid settlement funds at American Bank and the motion was seconded; the transcript records agreement and later notes the motion was unanimous. Members asked staff to provide the settlement documentation and to confirm how payments will be received and tracked. The item produced a unanimous direction to keep opioid settlement funds in a separate account to ensure proper tracking and compliance with the permitted uses.
