Section 5. FIRST OFFICERS OF THE VILLAGE UNDER CHARTER.
   At the first meeting of the Council following the date that this Charter shall become effective as the Charter of the Village of Lake Orion, the Village President and Trustees, holding office by virtue of the provisions of Act. No. 3, P. A. 1895, the previous Charter of the Village of Lake Orion, shall qualify for and assume the offices of President and Councilmen, respectively, under this Charter, and shall, thereafter, perform the duties of their respective offices subject to and in accordance with the provisions of this Charter; provided, however, that the salary or remuneration of such officers shall not be changed during the term of office for which they were elected. On the 31st day of March, 1967, at 12:00 noon the terms of office of the Village Clerk, Village Treasurer, and the Village Assessor holding office by virtue of election under the provisions of Act. No. 3, P. A. 1895, the former Charter of the Village of Lake Orion, shall terminate and the persons holding such offices at that time shall qualify for and assume the offices of Clerk, Treasurer, and Assessor, respectively, under this Charter and shall hold such offices on the same basis as though they had been elected or appointed thereto in the manner provided in this Charter. All other administrative officers and employees of the village shall continue in the respective offices and employment held by them at the time this Charter shall become effective as the Charter of the Village of Lake Orion for the terms for which they were appointed and shall be subject to the provisions of this Charter. Thereafter, the successors of all such officers shall be elected or appointed in the manner provided in this Charter.
   Immediately after this Charter shall become effective as the Charter of the Village of Lake Orion the Council shall take the necessary steps to secure a Village Manager.