AC. ID 24-403 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 Mobotrex, Inc., for the supply of traffic signal hardware, cabinets, and electronics, Section A - Pelco Mounting Hardware, for the City of Denton Warehouse; providing for the expenditure of funds therefor; and providing an effective date (IFB 8406 - awarded to Mobotrex, Inc., for three (3) years, with the option for two (2) additional one (1) year extensions, in the total five (5) year not-to-exceed amount of $855,000.00).