Add inline comments for each value in application-local.yml-example

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Description

This PR adds inline comments for each property in the application-local.yml-example file. The comments provide documentation for each property, explaining its purpose and usage. This improves the readability and understanding of the configuration file for developers.

Summary of Changes

• Added inline comments above each property in the application-local.yml-example file to provide documentation for each property.
• The comments explain the purpose and usage of each property, making it easier for developers to understand and modify the configuration.

Please review and merge this PR to enhance the documentation of the application-local.yml-example file.

Fixes #49.

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Sandbox Executions

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Apply Sweep Rules to your PR?

• [ ] Apply: All docstrings and comments should be up to date.
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[devondragon]

Sweep: Can you put the comments on the same line, after the values, instead of on new lines?

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Working on it...