[DOCS]: Python setup.py modernization

[joshschmelzle]

Description

At some point in the future, new versions of pip (>25) may break our Python apps build process unless we make some changes.

https://ichard26.github.io/blog/2024/11/whats-new-in-pip-24.3/

https://packaging.python.org/en/latest/guides/modernize-setup-py-project/

A template project should be documented for our standards around Python apps.

Self Service

• I would be willing to fix this bug myself.

Guidelines and Policies

• I have read the contributing guidelines and agree to follow the code of conduct and contribution policies.