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<br />..... <br /> <br />I <br />. <br /> <br />.. GreenbergTraurig <br /> <br />. <br /> <br />March 24, 2010 <br /> <br />. <br /> <br />The City Commission of the <br />City of Sunny Isles Beach, Florida <br />Sunny Isles Beach, Florida <br /> <br />. <br /> <br />SunTrust Bank <br />Miami, Florida <br /> <br />Adorno & Y oss LLP <br />Miami, Florida <br /> <br />.. <br /> <br />Re: <br /> <br />$15,000,000 City of Sunny Isles Beach, Florida <br />Capital Improvement Revenue Bonds, Series 2010 <br /> <br />Ladies and Gentlemen: <br /> <br />. <br /> <br />We have acted as special counsel to the City of Sunny Isles Beach, Florida (the "City") in <br />connection with the issuance of the City's $15,000,000 Capital Improvement Revenue Bonds, <br />Series 2010 (the "Bonds"). In such capacity, we have examined the following and such other <br />matters as we have deemed necessary: <br /> <br />. <br /> <br />a. <br /> <br />Ordinance No. 2010-343 and Resolution No. 2010-1538, both adopted by <br />the City Commission on March 18, 2010 (collectively, the "Bond <br />Ordinance"). <br /> <br />I <br />I. <br /> <br />b. <br /> <br />The City Charter, as amended (the "Charter"), and Chapter 166, Florida <br />Statutes, as amended; <br /> <br />c. The Loan Agreement, dated as of March 24, 2010 (the "Loan <br />Agreement"), between the City and SunTrust Bank; and <br /> <br />d. <br /> <br />Such other documents, certificates, records and proceedings as we have <br />considered necessary to enable us to render this opinion. <br /> <br />. <br /> <br />. <br /> <br />As to questions of fact material to our opinion, we have relied upon representations of the City <br />contained in the Bond Ordinance and the Loan Agreement and in the certified proceedings and <br />other certifications and representations of public officials and others, which have been <br />furnished to us without undertaking to verify such certifications or representations by independent <br /> <br />. <br /> <br />GM(fNJe~(; 1-Mo~~1p'~~2.2-1-ProRNEYS AT LAW. WWW.GTLAW.COM <br />1221 Brickell Avenue. Miami, FL 33131 . TeI305.S79.0S00 . Fax 30S.579,0717 <br />