(a) Council may, by resolution, provide for the placing of stop signs or other signs, signals, standards or mechanical devices in any street or portion of any street in the City for the purpose of regulating or prohibiting traffic thereon. Such resolution shall:
(1) Describe the portion of the street wherein traffic is to be regulated or prohibited; and
(2) Designate the regulation or prohibition, the place where such sign, signal, standard or mechanical device shall be placed, and the hours when such regulation or prohibition shall be effective.
(b) No person shall fail, neglect or refuse to comply with such regulation or prohibition.
(1958 Code § 16.7)