RESOLUTION NO. 10654-071806

BY:  _________________________________

A RESOLUTION ACCEPTING THE 2005 FINANCIAL STATEMENT

AND AUDITORS’ REPORT AS PREPARED AND PRESENTED

BY VIRCHOW, KRAUSE & COMPANY, LLP

WHEREAS, the City of Oak Creek has an annual audit performed in accordance with State Statutes; and

WHEREAS, the City had engaged the services of the accounting firm of Virchow, Krause & Company, LLP to conduct the audit of the 2005 fiscal year; and

WHEREAS, representatives of Virchow, Krause & Company, LLP presented the 2005 Financial Statement and Auditors’ Report to a Common Council meeting held on Tuesday, July 18, 2006; and

WHEREAS, the Common Council finds the statement and report to be acceptable and complete.

NOW, THEREFORE, BE IT RESOLVED that the City of Oak Creek accepts the 2005 Financial Statement and Auditors’ Report as prepared and presented by Virchow, Krause & Company, LLP.

Introduced at a regular meeting of the Common Council of the City of Oak Creek this 18^th day of July, 2006.

Passed and adopted this 18^th day of July, 2006.

                                                                                    _____________________________

                                                                                    President, Common Council

Approved this ____ day of July, 2006.

                                                                                    _____________________________

                                                                                    Mayor

ATTEST:

__________________________________

City Clerk                                                                    Vote:    Ayes _____     Noes _____