The municipal corporation existing as the City of Dublin under the laws of the State of Ohio and the Charter adopted on July 24, 1979, shall continue to be a body politic and corporate under the same name under this Revised Charter. The City shall have the same boundaries that exist on the adoption date of this Revised Charter, with power and authority to change its boundaries and annex territory. Territory annexed to the City shall immediately be subject to the provisions of this Revised Charter.