SECTION 12.01.  GENDER.  Any pronoun used herein or any reference to the term alderman or aldermen shall be construed to mean the proper gender of the person to whom it shall apply under the circumstances.
   SECTION 12.02.  CORPORATE EXISTENCE, EXISTING ORDINANCES AND RESOLUTIONS.  The corporate existence of the Town is continued. All existing ordinances, obligations, resolutions or other actions of the board not inconsistent with this charter shall remain in full force and effect until amended or repealed in the manner herein provided.
   SECTION 12.03.  EXPIRATION OF TERMS OF ELECTED OFFICERS.  Nothing in this charter shall be construed as having the effect of removing any incumbent from office or abridging the term of any official prior to the end of the term for which he was elected.
   SECTION 12.04.  SEVERABILITY.  If any article, section, subsection, paragraph, sentence or part of this charter shall be held to be invalid or unconstitutional, such invalidity or unconstitutionality shall not affect or impair any other parts of this charter unless it clearly appears that such other parts are necessarily dependent upon the part or parts held to be invalid or unconstitutional. It is the legislative intent in enacting this charter that each article, section, subsection, paragraph, sentence or part be enacted separately and independently of each other.
   SECTION 2. Chapter 230 of the Private Acts of 1988, Chapter 35 of the Private Acts of 1991, Chapters 174 and 175 of the Private Acts of 1992, Chapter 187 of the Private Acts of 1996, Chapter 41 of the Private Acts of 1999, and all other acts amendatory to Chapter 230 of the Private Acts of 1988, are repealed.
   SECTION 3. Approval By The board. This act shall have no effect unless it is approved by a two- thirds (2/3) vote of the board of mayor and aldermen of the Town within sixty (60) days of its signing by the governor. Its approval or nonapproval shall be proclaimed by the mayor of Collierville and certified by him to the Secretary of State.
   SECTION 4. Effective Date. For the purpose of approving or rejecting the provisions of this act, it shall be effective upon becoming a law, the public welfare requiring it. For all other purposes it shall become effective upon being approved as provided in SECTION 3.
PASSED: MAY 3, 2001
APPROVED: MAY 10, 2001