C. ID 22-603 Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal corporation, authorizing the City Manager to execute a contract with Texas Materials Group, Inc., dba TexasBit, for the construction of the Southeast Denton Package A Project consisting of the reconstruction of 22 roadway segments, including water and wastewater main replacement, located within the Southeast Denton Neighborhood; providing for the expenditure of funds therefor; and providing an effective date (CSP 7896 - awarded to Texas Materials Group, Inc., dba TexasBit, in the not-to-exceed amount of $6,642,789.97). The Public Utilities Board recommends approval (4 - 0).