PH-2. 22-47 CC- PUBLIC HEARING: (1) FOUR-FIFTHS VOTE REQUIREMENT: Waiver of Formal Bid Procedures and Award of a Construction Contract to Cal-Stripe, Inc. in the Amount of $253,157.95 for the Street Construction of the MOVE Culver City Downtown Corridor Project PS017; (2) FOUR-FIFTHS VOTE REQUIREMENT: Waiver of Formal Bid Procedures and Award of a Construction Contract with Crosstown Electrical & Data, Inc. in the Amount Not-to-Exceed $236,462 for the Traffic Signal Materials and Installation; (3) Authorization to the City Manager to Negotiate and Approve the Final Terms of the Contract with Crosstown Electrical & Data, Inc.; (4) Authorization to the Chief Transportation Officer to Approve Change Orders to the Contracts in an Aggregate Amount Not-to Exceed $529,000 to cover Contingency Costs (20%) and Anticipated Costs for Westbound Culver Boulevard Construction and Potential Post-Go Live Adjustments; and (5) FOUR-FIFTHS VOTE REQUIREMENT: Approval of a Budget Transfer in the Amount of $1,016,809.13 and a Budget Amendment in the Amount of $495 to Bridge the Gap in Project Funding for the Construction.