CITY OF HOMER

HOMER, ALASKA

City Manager/Finance

RESOLUTION 06-82

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HOMER, ALASKA ACCEPTING THE 2005 COMPREHENSIVE ANNUAL FINANCIAL REPORT WITH AUDIT AND FINANCIAL STATEMENTS AND ACKNOWLEDGING THE MANAGEMENT LETTER SUBMITTED BY THE CITY'S INDEPENDENT AUDITOR, MIKUNDA, COTTRELL, & CO.

WHEREAS, Mikunda, Cottrell, & Co. conducted the annual audit, submitted the 2005 Comprehensive Annual Financial Report, with the audit with financial statements, and the management letter was delivered for review and distributed to the Mayor and City Council June 2006; and

WHEREAS, Mikunda, Cottrell, & Co. made a public presentation during the Committee of the Whole and the Regular Meeting of June 26, 2006.

NOW, THEREFORE BE IT RESOLVED by the City Council of Homer, Alaska, that the 2005 Comprehensive Annual Financial Report with audit and financial statements is accepted and that the management letter is acknowledged as submitted by Mikunda, Cottrell, Co. the City's independent auditor.

PASSED AND ADOPTED by the City Council of Homer, Alaska this 26th day of June, 2006.

CITY OF HOMER

______________________________ JAMES C. HORNADAY, MAYOR

ATTEST:

____________________________________

MARY L. CALHOUN, CMC, CITY CLERK

Fiscal information not required.