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2 <br /> By formally entering the settlement and executing the attached documents, Orange County will <br /> release the Distributors and Janssen from further liability related to opioid impacts in Orange <br /> County and the County will gain access to the settlement funds allotted to North Carolina. <br /> FINANCIAL IMPACT: There is no financial impact associated with this item at this time. Over <br /> the 18-year payment term of the settlement, North Carolina should receive in excess of $700 <br /> million of which 80% will be provided directly to local governments. Orange County should <br /> receive millions of dollars over the term, the use of which will be generally restricted to <br /> remediation of the impact of opioids and opioid addiction in the County. <br /> SOCIAL JUSTICE IMPACT: There are no Orange County Social Justice Goals associated with <br /> this item. <br /> ENVIRONMENTAL IMPACT: There is no Orange County Environmental Responsibility Goal <br /> impact associated with this item. <br /> RECOMMENDATION(S): The Manager recommends the Board approve final entry into the <br /> settlement and authorize the Chair to sign the opt-ins and any other documentation necessary <br /> to enter and finalize the settlement on behalf of Orange County. <br />