The Commissioners of St. Michaels may by resolution establish and/or eliminate designated areas in the Town where stopping, standing and/or parking of vehicles is prohibited by an official sign. The passage of such a resolution shall require the affirmative vote of at least three of The Commissioners after being read and considered, at a single public meeting of The Commissioners of St. Michaels. Before becoming effective, the resolution must be posted on the Town bulletin board for a period of seven consecutive days; notice of passage thereof shall be published at least once in a newspaper of general circulation in the Town; and, in the case of establishing such an area, the designated area is posted with an official sign giving notice of the prohibition or, in the case of eliminating such a designated area, until all official signs giving notice of the prohibition are removed from the designated area. Each resolution passed under the provisions of this article shall be executed in duplicate; one copy shall be retained by the Town Clerk in the same manner as an ordinance is retained, and one copy shall be kept by the Town Clerk with a copy of all resolutions passed under the provisions of this article.