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' FORM OF LEGAL OPINION <br /> 1993 <br /> <br /> City Securities Corporation <br /> 135 North Pennsylvania Street <br /> Indianapolis, IN 46204 <br /> Re: South Bend Redevelopment Authority Taxable <br /> Lease Rental Acquisition and Refunding Revenue Bonds <br />' of 1993 (Airport Economic Development Area Public <br /> Improvement Project) <br />' tl <br /> emen: <br />Gen <br /> We have acted as bond counsel in connection with the <br />' issuance by the South Bend Redevelopment Authority (the "Issuer"), <br />d 00/100 Dollars <br />d <br /> an <br />of Four Million Nine Hundred Five Thousan <br /> 000.00) aggregate principal amount of South Bend <br />905 <br />($4 <br /> , <br />, <br />Redevelopment Authority Taxable Lease Rental Acquisition and <br />blic <br />P <br /> u <br />Refunding Revenue Bonds (Airport Economic Development Area <br />1993 (the "Bonds") <br />1 <br /> , <br />, <br />Improvement Project) originally dated July <br />Trust Agreement (the "Trust Agreement").between the <br />t <br />' o a <br />pursuant <br />Issuer and Society National Bank, Indiana, as Trustee (the <br /> dated as of July 1, 1993. We have examined a certified <br />"Trustee") <br /> , <br />transcript of proceedings and such other certificates and documents <br /> and have reviewed such other proceedings and such questions of law <br />for this opinion. <br />i <br />b <br /> s <br />as <br />as we have deemed necessary as a <br /> It is understood that the rights of the holders of the <br />' the Issuer and the Trustee and the enforceability of the <br />Bonds <br /> , <br />Bonds, the Trust Agreement and the Lease (as defined below), may <br />moratorium <br />reorganization <br />l <br />i <br />' , <br />vency, <br />nso <br />be subject to bankruptcy, <br />and other similar laws affecting creditors' rights heretofore or <br /> hereafter enacted to the extent constitutionally applicable, and <br /> that their enforcement may also be subject to the exercise of <br /> judicial discretion in appropriate cases. <br /> As to questions of fact material to our opinion, we have <br /> relied, without undertaking to verify the same by independent <br />tifications <br />d <br />' cer <br />investigation, upon representations, covenants an <br />uer and public officials contained in the Trust Agreement <br />I <br />h <br /> ss <br />e <br />of t <br />and in the certified transcript of proceedings and other <br />' certificates furnished to us. We have not been engaged or <br />of <br />fficienc <br /> y <br />undertaken to review the accuracy, completeness or su <br /> any offering materials relating to the Bonds, and we express no <br />' opinion relating thereto. <br /> <br /> <br />