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HomeMy WebLinkAboutResolution No. R2022-19RESOLUTION NO.2022-19 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, TEXAS, APPROVING A NOTICE OF INTENTION TO OPT OUT OF THE CLASS ACTION SETTLEMENT IN CITY OF LONG BEACH, ET AL, V. MONSANTO COMPANY, ET AL., IN THE U.S. DISTRICT COURT, CENTRAL DISTRICT OF CALIFORNIA - WESTERN DISTRICT; CAUSE NO. 2:16-CV-03493-FMO-AS; DIRECTING THE CITY ATTORNEY TO FILE SUCH NOTICE WITH THE CLASS ACTION SETTLEMENT ADMINISTRATOR; AND PROVIDING FOR AN EFFECTIVE DATE. *r***�****x■x**♦e***r�*+**r�*♦x*��******rt*►***x��,;�s�s��xM�MM�xx,sxxx�MMxx,�xxxxx��:,:�x�**rr WHEREAS, City of Long Beach , et al. v. Monsanto Compmty, et al., in the U.S. District Court, Central District of California - Western District; Cause No. 2:16-cv-03493-FMO-AS (the "Lawsuit") has been certified as a class action lawsuit; and WHEREAS, the Lawsuit asserts: a. the Defendants' polychlorinated biphenyls ("PCBs") and PCB -containing products were defectively designed; b. the risks of environmental harm associated with PCBs and PCB -containing products outweighed the benefits of their uses; c. Defendant failed to warn of the risks of harm associated with PCBs and PCB -containing products, and d. the class members suffered property damage as a result of PCB contamination; and WHEREAS, while the Defendants deny the allegation, they have agreed to pay up to FIVE HUNDRED FIFTY MILLION AND NO/100 DOLLARS ($550,000,000.00) to be allocated in four (4) different funds if certain contingencies are met, including the Court's approval, releases I om the class members, etc.; and WHEREAS, the City of Friendswood has been identified as an hritial Settlement Class Member; WHEREAS, the Ciry can choose to remain a member and participate in the proposed settlement or opt out of the class and not participate in the proposed settlement; and WHEREAS, after considering the settlement and the associated environmental effects caused by the Defendants, the City Council believes that it is in the best interest of the City and its citizens to opt out oI the class; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, STATE OF TEXAS Section 1. That the facts and matters set forth in the recitals of this resolution are hereby found to be true and correct. Section 2. That the City Council elects to exclude itself from the Class by opting out of Lawsuit and Class Action Settlement. As such, the City Council hereby authorizes the Mayor to execute the Opt -Out Form, which is attached hereto as Exhibit "A" and incorporated herein for all intents and purposes (the "Notice"). Section 3. That the City Attorney is directed to submit the Notice to the Class Action Settlement Administrator, Steven Weisbrot of Angeion Group, LLC, 1650 Arch Street, Suite 210, Philadelphia, PA 19103, on or before July 25, 2022, Section 4. That this resolution shall be effective immediately upon its passage and approval. PASSED, APPROVED and ADOPTED by the affirmative vote of the City Council of the Ciry of Friendswood on this the I I" day of July, 2022. /l BRYSCH, City APPROVED AS TO 40 E; H:\City CouncilUtesolulions\2022\07-1 I-2022Viesolution - Op[ out of Monsanto Sealementdocx oSwooa �rrEX CITY OF FRIENDSWOOD OFFICE OF THE AlAYOR July 11, 2022 Sent via Certified Mail 70212720 0002 4185 2935 RRR 95090 9402 6622 1028 1482 51 Class Action Settlement Administrator Steven Weisbrot of Angeion Group, LLC 1650 Arch Street, Suite 2210 Philadelphia, PA 19103 Re: Opt Out Request Letter City of Long Beach v. Monsanto Co., et al., Case No.: 2:16-cv-03493-17MO-AS. Dear Sir or Madam: Class Member Full name: City of Friendswood Address: 910 S. Friendswood Drive, Friendswood, TX 77546 Telephone Number: 281-996-3200 Email Address: fwdcity@friendswood.com The City of Friendswood falls within Settlement Class Member definition but wishes to keep the right to sue the Settling Defendants about the legal issues in the above -referenced case. As such, the City of Friendswood desires to be excluded from the settlement class in City of Long Beach v. Monsanto Co., et al., Case No.: 2:16-cv-03493-FMO-AS. The City of Friendswood understands by opting out, it will not be able to get any money or benefits from the settlement with those Settling Defendants in this case. Please accept this letter• as the City of Friendswood's decision to opt out of the settlement class. As Mayor of the City of Friendswood, I have been duly authorized and directed by the City Council of the City of Friendswood, Texas, to execute this Opt Out Request Letter and take other actions necessary to exclude the City of Friendswood from this Class Action. If you have any questions or need any further information, please do not hesitate to contact me. Sincerely, Mike Foreman Mayor Date: H:1City CouncillResolutions\2022\07-I I-2022\OplOut Letter- Alonsanto.docs