AF. ID 24-406 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 RAG of Fort Worth LLC dba Royal Auction Group, Inc., for managing live online vehicle and equipment auctions for the disposal of City of Denton assets and Police Department impound vehicles for the Fleet Services Department; providing for the expenditure of funds therefor; and providing an effective date (RFP 8413 - awarded to RAG of Fort Worth LLC dba Royal Auction Group, 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 $50,000.00).