The inhabitants of the Town of Melbourne Beach, Florida, shall continue to be a body politic and corporate to be known and designated as the “Town of Melbourne Beach, Florida” (hereinafter to be known as the “Town”); and as such shall have perpetual succession, shall sue and be sued, plead and be impleaded, and shall have the use of a common seal.
The Town shall have all powers possible for a Town to have under the Constitution and the laws of the State of Florida as fully and completely as if specifically enumerated under this Charter, in addition to any powers specifically so enumerated.
The title, rights, and ownership of property, uncollected taxes, dues, claims, judgments, decrees, and choses in action, held or owned by the Town shall continue to be vested in the municipal corporation under this act. No obligation or contracts of the said municipality, including bonds heretofore issued, shall be impaired or voided by this act, but such debts and obligations shall be binding upon the municipality.
All existing ordinances of the said municipality, not in conflict with the provisions of this act, shall continue in effect and be unimpaired until repealed, amended, or modified in accordance with the provisions of this Charter.
(Adopted by electorate 11-6-73)