C.3. 24-542 Adopt a resolution determining St. Francis Electric, LLC. as the lowest, responsive, and responsible bidder for the Traffic Signal Update Project CIP No. 17058 HSIPL-5242(034); awarding the construction contract to St. Francis Electric, LLC. in an amount of $3,992,700; approving a wireline crossing agreement with Union Pacific Railroad Company in an amount of $8,400; approving an Agreement for Services with TRC Engineers, Inc. to provide construction management and inspection services in an amount of $340,000; approving a Project Budget Contingency of $558,900; amending the FY 2024-25 Annual Budget and Capital Improvement Program to increase CIP 17058's budget by the additional Federal HSIP grant of $650,000, appropriate revenue in the amount of $650,000 into Fund 480, appropriate expense in the amount of $650,000 to Fund 480, and authorizing the City Manager or designee to take all appropriate actions necessary to carry out the purpose and intent of the resolution.