For the purpose of electing officers and holding and conducting Municipal elections, this Charter shall take effect from the time of its approval by the electors of the Municipality, but for all other purposes it shall take effect on the first day of January in the year 1962.
The adoption of this Charter shall not affect any pre-existing rights of the Municipality, or any right or liability or pending suit or prosecution, either on behalf of or against the Municipality or any officer thereof, nor any franchise granted by the Municipality, nor pending proceedings for the authorization of public improvements or the levy of assessments therefor. Except as a contrary intent appears herein, all acts of the Council of the Municipality shall continue in effect until lawfully amended or repealed.
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