ROBERT C. JONES, District Judge.
This matter having come before the Court on Plaintiffs' Petition to Approve Compromise Settlement and Distribution ("plaintiffs' Petition"), and having been duly considered, it is hereby ORDERED THAT:
1. Plaintiffs' Petition to Approve Compromise Settlement and Distribution is GRANTED.
2. CLARK COUNTY Defendants shall pay THREE HUNDRED TWENTY-FIVE THOUSAND DOLLARS ($325,000.00) to settle JG's claims.
3. The majority of the proceeds for JG's settlement shall be used to purchase a taxfree structured settlement annuity that will not begin to pay out until JG reaches 18 years of age. CLARK COUNTY shall pay THREE HUNDRED AND FIVE THOUSAND DOLLARS ($305,000.00) to Pacific Life and Annuity Services, Inc. to purchase this annuity from Pacific Life Insurance Company. Pacific Life Insurance Company will make payments to JG pursuant to the annuity schedule that is attached as Exhibit D to plaintiffs' Petition. Attachment 1 sealed annuity schedule filed contemporaneous to this order setting forth the terms and conditions of the annuity for JG.
4. TWENTY THOUSAND DOLLARS ($20,000.00) shall be placed into the Attorney Client Account, to be held in trust for JG subject to N.R.S. 41.200 until further Order of this Court or until JG turns 18, whichever occurs sooner.
5. Petitioner LM shall file with the Court proof of the deposit of the funds in the Attorney Client Account, and the establishment of the above annuity, within 30 days of the receipt of funds.
6. CLARK COUNTY Defendants shall pay THREE HUNDRED FIFTY THOUSAND DOLLARS ($350,000.00) to settle CD's claims.
7. CLARK COUNTY Defendants shall pay THREE HUNDRED AND FIFTY THOUSAND DOLLARS ($350,000.00) to the CD TRUST, with Dacotah Bank acting as Administrative Trustee, pursuant to Exhibits G, H, and I of plaintiffs' Petition.
8. Petitioner HS shall file with the Court proof that the settlement funds have been placed into the trust within 30 days after receiving the funds.
9. CLARK COUNTY Defendants shall pay ONE HUNDRED FIFTY THOUSAND DOLLARS ($150,000.00) to settle DR's claims.
10. Half of the proceeds from DR's settlement shall be used to purchase a tax-free structured settlement annuity that will not begin to pay out until DR reaches 18 years of age. CLARK COUNTY shall pay SEVENTY-FIVE THOUSAND DOLLARS ($75,000.00) to Pacific Life and Annuity Services, Inc. to purchase an annuity from Pacific Life Insurance Company. Pacific Life Insurance Company will make payments to DR pursuant to the annuity schedule that is attached as Exhibit M to plaintiffs' Petition.
11. CLARK COUNTY shall pay SEVENTY-FIVE THOUSAND DOLLARS ($75,000.00) to Barco Assignments Ltd. to purchase an annuity from Liberty Life Assurance Company of Boston. Liberty Life Assurance Company of Boston will make payments to DR pursuant to the annuity schedule that is attached as Exhibit N to plaintiffs' Petition. Attachment 2 sealed annuity schedule filed contemporaneous to this order setting forth the terms and conditions of the two annuities.
12. Petitioners AR and DR shall file with the Court proof of the establishment of the above annuities within 30 days of the receipt of funds.
13. CLARK COUNTY Defendants shall pay ONE HUNDRED THOUSAND DOLLARS ($100,000.00) to settle SG's claims.
14. Under the Settlement Agreement and Release, the proceeds for SG's settlement will be used to purchase a tax-free structured settlement annuity that will not begin to pay out until SG reaches 18 years of age. With the Court's permission, CLARK COUNTY shall pay ONE HUNDRED THOUSAND DOLLARS ($100,000.00) to Pacific Life and Annuity Services, Inc. to purchase an annuity from Pacific Life Insurance Company. Pacific Life Insurance Company will make payments to SG pursuant to the annuity schedule that is attached as Exhibit P to plaintiffs' Petition. Attachment 3 sealed annuity schedule filed contemporaneous to this order setting forth the terms and conditions of the annuity.
15. Petitioners AR and DR shall file with the Court proof of the establishment of the above annuity within 30 days of the receipt of funds.
The Clerk of the Court shall file the attachment/exhibits "sealed annuity schedules" under seal pursuant to the Court order dated October 5, 2010.