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Tab 36 OFFICE OF THE CITY ATTORNEY N a /AQW. offaae4 F L O R I D A RICARDO J. DOPICO 3 Telephone: (305) 673-7470 City Attorney Facsimile: (305) 673-7002 August 7, 2025 Chairperson and Members of the Miami Beach Redevelopment Agency Miami Beach, Florida BofA Securities, Inc. as Senior Managing Underwriter on behalf of itself and the other Underwriters Tampa, Florida Assured Guaranty Inc. New York, New York Re: $240,910,000 Miami Beach Redevelopment Agency Tax Increment Revenue Refunding Bonds, Series 2025 (City Center/Historic Convention Village) Ladies and Gentlemen: I am the City Attorney of the City of Miami Beach, Florida (the"City")and serve as General Counsel to the Miami Beach Redevelopment Agency (the "Agency") and have served in such capacities in connection with the issuance of the above-captioned bonds (the "Series 2025 Bonds") and related transactions. This opinion is furnished pursuant to the Bond Purchase Agreement dated July 9, 2025 (the "Bond Purchase Agreement') among the Agency and BofA Securities, Inc., acting on behalf of itself, TRB Capital Markets, LLC d/b/a Estrada Hinojosa, Jefferies LLC, PNC Capital Markets LLC and Raymond James & Associates, Inc. (collectively, the "Underwriters"). All capitalized terms not otherwise defined herein shall have the meanings ascribed thereto in the Bond Purchase Agreement. I have reviewed such documents and instruments as I deemed necessary to render the requested opinion. Based upon examination of such documents and matters of law as I have determined relevant for the purposes of rendering this opinion, and subject to the reservations set forth herein, I am of the opinion that: 1. The Commission is the governing body of the Agency and the Agency is validly existing as a public agency created under the Act, with all corporate power necessary to conduct the operations described in the Official Statement and to carry out the transactions contemplated by the Bond Purchase Agreement. 1700 Convention Center Drive—Fourth Floor—Miami Beach, Florida 33139 August 7, 2025 Page 2 2. The Agency has obtained all governmental consents, approvals and authorizations necessary for execution and delivery of the Bond Documents, for issuance of the Series 2025 Bonds and for execution and delivery of the Official Statement and consummation of the transactions contemplated thereby; however, no opinion is given regarding compliance with the registration requirements of state and federal securities laws. 3. The Agency has full legal right, power and authority to pledge and grant a lien on the Pledged Funds, for the security of the Series 2025 Bonds on parity and equal status with the unrefunded Outstanding Series 2015A Bonds (as defined in the Bond Resolution) and any other Bonds issued pursuant to the Bond Resolution. 4. The City Commission has duly adopted the City Approving Resolution. 5. The Agency has duly adopted the Bond Resolution and approved the form, distribution and delivery, and with respect to the Official Statement, execution, of the Preliminary Official Statement and the Official Statement, and the Official Statement has been duly executed and delivered by the Agency. 6. The Series 2025 Bonds and the Bond Documents have each been duly authorized, executed and delivered by the Agency and, assuming due authorization, execution and delivery thereof by the other parties thereto, if any, each constitutes a valid and binding agreement of the Agency, enforceable in accordance with its terms. 7. The information in the Preliminary Official Statement (other than permitted omissions) and the Official Statement with respect to the Agency (excluding financial, statistical and demographic information, information regarding AG and its Policy and information relating to DTC, as to which no opinion is expressed) is, to the best of my knowledge after due inquiry with respect thereto, correct in all material respects and does not omit any matter necessary in order to make the statements made therein regarding such matters, in light of the circumstances under which such statements are made, not misleading, and, based on my participation as counsel to the Agency, I have no reason to believe that the Preliminary Official Statement (other than permitted omissions)as of its date and the date of the Bond Purchase Agreement, and the Official Statement as of its date and the date hereof (excluding financial, statistical and demographic information and information regarding AG and its Policy and information relating to DTC) contained or contains any untrue statement of a material fact or omitted or omits to state any material fact necessary to make the statements therein, in light of the circumstances under which they were made, not misleading. 8. Except as disclosed in the Preliminary Official Statement and the Official Statement under the caption "LITIGATION," there is no action, suit, proceeding or investigation at law or in equity before or by any court, public board or body pending or, to the best of my knowledge, threatened,against or affecting the Commission or the Agency challenging the validity of the Series 2025 Bonds, the Bond Resolution, the Bond Documents, or any of the transactions contemplated thereby or by the Official Statement, or challenging the existence of the Agency or the respective powers of the several offices of the officials of the Agency or the titles of the officials holding their respective offices, or challenging the Agency's ownership or operation of the redevelopment projects currently owned or operated by the Agency or the pledge of the Pledged Funds for the payment of the Series 2025 Bonds in the manner and to the extent provided in the Bond Resolution, nor is there any basis therefor. 1700 Convention Center Drive—Fourth Floor—Miami Beach, Florida 33139 August 7, 2025 Page 3 9. The execution and delivery of the Bond Documents and the issuance of the Series 2025 Bonds, and compliance with the provisions thereof, under the circumstances contemplated thereby, do not and will not in any material respect conflict with or constitute on the part of the Agency a breach of or default under, or result in the creation of a lien on any property of the Agency (except as contemplated therein) pursuant to any note, mortgage, deed of trust, indenture, resolution or other agreement or instrument to which the Commission or the Agency is a party, or any existing law, regulation, court order or consent decree to which the Commission or the Agency is subject. All opinions as to the enforceability of the legal obligations of the Agency or the City set forth herein are subject to and limited by bankruptcy, insolvency, reorganization, moratorium, and similar laws in each case relating to or affecting the enforcement of creditors' rights generally, and subject to the enforceability thereof, to the exercise of judicial discretion, in accordance with the general principles of equity. This opinion has been rendered for the benefit solely of the addressees hereof and may not be used, circulated, quoted or otherwise referred to or relied upon by any other person for any purpose, except that reference to it may be made in the list, and it may be included in the transcript, of closing documents prepared in connection with the Series 2025 Bonds Z rs,Dopico City Attorney of the City of Miami Beach, Florida and General Counsel to the Miami Beach Redevelopment Agency RJ D/ag 1700 Convention Center Drive—Fourth Floor—Miami Beach, Florida 33139