(A) All public ways within the town shall be given an official and generally recognized name or other local designation for purposes of identification. All these names or other generally recognized designations of public ways in existence on or before September 24, 1985 are hereby ratified, recognized and made official. However, except as hereafter provided, the denomination of all public ways shall be under the exclusive jurisdiction of the Town Council and no person may give or name to any new public way, nor change the name of any existing public way, nor indicate any such name of a public way by signs, advertising or other means without the approval and recognition of the Town Council. Any person who wishes to establish and open a new public way or to rename an existing public way shall present a proposal for the name thereof to the Town Council. Approval of the proposal shall be subject to the following conditions:
(1) No proposed name will be approved if it is identical with that of an existing public way (except in the case of a new public way which is a directly projected extension of the existing public way) nor which is deemed to be confusingly similar to that of an existing public way;
(2) No already-dominated public way shall be renamed except upon clearly shown and pressing reasons;
(3) No public way shall be so named as to give favorable publicity, advertising advantage or other pecuniary advantage to any commercial concern; and,
(4) In the case of any public way, as defined in § 152.60, the petitioner shall additionally agree to erect and maintain street name signs of a type and in a location agreeable to the Town Council, whether or not the name finally conferred upon the public way is as proposed by the petitioner or otherwise.
(B) Nothing in this section is intended to restrict the Indiana Department of Highways from assigning numbers or other denominations to state highways or state-maintained routes other than those ascribed by the Town Council pursuant to this section, nor from erecting and maintaining any informational signs using the state designations nor to prevent any person from referring to the official state route designations in advertising, addresses, cartography, or similar purposes. The Clerk-Treasurer shall inform the affected U.S. Postmaster of any official street names or renamings adopted under this section.
('85 Code, § 9-8-2) (Ord. 1985-C34, passed 9-24-85)