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Agreement No. T99046 SCHEDULE A-2 OPINION OF LESSEE'S COUNSEL (Please furnish in this form on Attorney's Letterhead) Lessee: City of Batesville Date of Agreement: February 5, 1999 As counsel for the City of Batesville ("Lessee"), I have examined duly executed originals of the Rental Agreement (the "Agreement") dated February 5, 1999, between Lessee and ABN AMRO Incorporated ("Lessor") and based upon such other examination as I have deemed necessary or appropriate, I am of the opinion that: 1. Lessee is a public body corporate and politic, legally existing under the laws of the State of Arkansas. 2. The Agreement has been duly authorized, executed and delivered by Lessee, pursuant to constitutional, statutory and/or home rule provision which authorizes this transaction and Resclution No. 3. The Agreement is a legal, valid and binding obligation of Lessee, enforceable in accordance with its terms. In the event the Lessor obtains a judgment against Lessee in money or damages, as a result of an event of default under the Agreement, Lessee will be obligated to • pay such judgment. 4. Applicable public bidding requirements have been complied with. 5. To the best of my knowledge, no litigation is pending or threatened in any court or other tribunal, state or federal, in any way questioning or affecting the validity of the resolution or the Agreement. 6. The signatures of the officers of Lessee which appear on the Agreement are true and genuine; I know said officers and know them to hold the offices set forth below their names. This opinion may be relied upon Lessors assignees and special tax counsel, if any, retained in connection with this transaction. Sincerely, Legal Counsel PLEASE RETURN OPINION TO: ABN AMRO Incorporated 1675 BROADWAY, SUITE 850 DENVER, COLORADO 80202 (303) 534-7500 • 10