The state traffic laws regulating the speed of vehicles shall be applicable upon all streets within this town, except as this traffic code, as authorized by state law, declares and determines upon the basis of an engineering and traffic investigation, that certain speed regulations shall be applicable upon specified streets or in certain areas. In that event, it shall be unlawful for any person to drive a vehicle at a speed in excess of any speed so determined, when signs are in place giving notice thereof.
Penalty, see § 70.99
   Speed limits, see Ch. 74, Sch. III
Statutory reference:
   Authority to alter state speed limits, see IC 9-21-5-6