(A) No person shall drive a vehicle upon any public highway or street at a speed greater than is reasonable and prudent having regard for the traffic, the condition and use of that highway or street, or so as to endanger the life or limb or injure the property of any person.
(B) Vehicles on public ways and streets in the city shall not exceed the speed of 35 miles per hour except as set forth in Chapter 74, Schedule I or except as established by the state.
('78 Code, 530.l, § III (b))
(C) Penalty. The fine for violating this speed limit shall be the same as set forth in the fine schedule of KRS 189.394.