The Town Council may make and establish the bylaws, ordinances, and regulations, not repugnant to the laws of this state, as may be necessary to carry into effect the powers granted it under the provisions of I.C. 36-5-1-1 et seq. through 36-5-7-1 et seq., and to repeal, alter, or amend the same as they shall seem to require; but every bylaw, ordinance, or regulation imposing a penalty for its violation shall be published in accordance with I.C. 36-5-2-10.