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in the preparation of the official Statement pertaining to the <br />Notes, dated —_._--, 1997. <br />Based upon the forer;oing. I am of the opinion that: <br />1. The County is a political. subdivision of And duly <br />conr,,t:ituted under the laws of the State of Florida, and has the <br />full legal right, power and .vithority to enter into the Note <br />Purchase Ac;reement, to adopt the P.esolutions. to fssare anti <br />execute the Notes putmlant. to the Act and the County :, charter, <br />and to sell. And deliver the Note;, to the tfnderJritArn ar, provided <br />in the note Purcha¢sa Agreement, to operat-, the .System. and to <br />carry out and ronstimnat.e alt the transactions contemplated by the <br />Note Purchase A7reerrent, the tt,tes, the Official +taterspnt. and <br />the Rtesolutioni. <br />2. Fly offiriAL ictinn of the County, the County has <br />11111Y adapted r_he Pero lrrtion:e, rAt l Pied and approved the <br />l'rr.liminar.y official :,tAt..ement, approved the official Statement <br />.art,l t.hp exer:tttlnn of the official Statement by the Chairman of <br />the Board ,f county :ammissioners and the County Administrator of <br />the County, authnrtzed All necessary action to be taken by the <br />County for the Resotut_lons and the Note Purchafrp A,;reem"nt and in <br />connection with the issuance. sale, execution and delivery of, <br />and the performance by the County of its obligations under, the <br />Notes upon the terms set forth in the Note Purchase Agreement, <br />the Officlal. Statement and the Resolutions. and authorized the <br />expc.ut:ion, cI-1,Lvery, rocpipt and duo performance of the Note <br />Purc:hA:se Aqr- rem, nW- the notes, the Resolutions and all such other <br />agreements ,arid documents as may be required to be executed, <br />delivered and recpived by the County in order to carry out, give <br />effect to and con -summate transactions contemplated by the Note <br />Purchase Agreement and by the Official .statement. <br />J. When delivered to and paid for by the Underwriters, <br />the Notes will have been duly authorized. executed, <br />authenticated, issued anei delivered and will constitute legal, <br />valid and binding obligations of the County, conforming to the <br />Act and the Note Resolution, enforceable in accordance with their <br />terms, except as enforcement may be limited by equitable <br />principles or by bankruptcy, insolvency, reorganization, <br />moratorium and similar laws in effect from time to time affecting <br />the enforcement of creditors" rights generally. <br />4. Upon execution, issuance and delivery of the Notes, <br />the Notes will be payable solely from and secured solely by a <br />prior lien upon and pledge of the Security. <br />5. The adoption, execution and delivery, as <br />applicable, of the Note Purchase Agreement, the Official <br />Statement, the Resolutions and the Notes, and compliance with the <br />B-2 <br />