City of Lompoc Council Agenda Item April 2026
Zydus Settlement Completes Lompoc Secondary Manufacturers
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Description
The City of Lompoc’s 2025 opioid settlement with Zydus forms part of a broader national resolution, providing additional opioid remediation funding. Funds are tightly restricted to abatement uses.
Contract Details
Vendor
ZYDUS
Agency
City of Lompoc, CA
Contract Type
FINANCIAL_SERVICES
Document Date
April 18, 2026
Contract Term
Payments over approximately 18 years (combined with other 2021–2025 settlements)
Renewal Info
Long-term settlement payments with no renewal; all funds restricted to opioid remediation and must be expended within five years of each payment.
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