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- _?.W ]F=10E5 OF ' ' . , <br /> ' CHAPMAN AND CUTLER <br /> A ��R7NEPSn�P�NC�uOWG PG+OFESSiCNAL COPPORATIONS <br /> � 'f � WESTMONAOE STREET � CHICAGO 60603 <br /> AREA 392 7Z6-6930 TWX 910-221-2'103 <br /> May 26, 1981 <br /> City of Decatur, Illinois <br /> City Hall <br /> Decatur, Illinois 62525 <br /> The Northern Trust Company <br /> 50 South LaSalle Street <br /> Chicago , Illinois 60675 <br /> Attention: Corporate Trust Department <br /> Re: $5,000 ,000 aggregate principal amount <br /> of Industrial De�elopment Revenue Bonds <br /> (ToxiGenics , Inc . Pro�ect ) Series 1979 <br /> (the "Bonds" ) of the City of Decatur, <br /> Illinois (the "City" ) <br /> Gentlemen: <br /> We have been informed that the City and ToxiGenics , <br /> Inc . (the "Company" ) desire to enter into a First Amendatory <br /> Loan Agreement (the "Amendment" ) , supplementing and amending <br /> that certain Loan Agreement dated as of September l, 1979 (the <br /> "Original Agreement" ) between the City and the Company relating <br /> to the financing of the Project therein described with the <br /> proceeds of the Bonds . At the request of the Company, we have <br /> examined : <br /> (A) A counterpart of the Amendment , attached hereto <br /> as Exhibit A, proposed for execution; <br /> (B) A certificate of the Authorized Company Representa- <br /> tive (appointed under the Original Agreement ) responsive to <br /> Section 3 . 1(i) of the Original Agreement ; and <br /> (C) Such laws and other matters and documents as we <br /> have deemed necessary for purposes of this opinion. <br />