S. ID 24-1088 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 Stuart C. Irby Company, for the supply of electric utility fault circuit indicators for Denton Municipal Electric to be stocked in the City of Denton Warehouse; providing for the expenditure of funds therefor: and providing an effective date (RFP 8511 - awarded to Stuart C. Irby Company, for three (3) years, with the option for two (2) additional one (1) year extensions, the total five (5) year not-to-exceed amount of $1,350,000.00).