The City of Springboro, under this Charter, is hereby declared to be the legal successor of the Village of Springboro, under the general laws of the State of Ohio, and as such it has the title to all property, real, personal and mixed, owned by its predecessor, including all moneys on deposit and all taxes in the process of collection, together with all accounts receivable and rights of action. The City is also liable for all outstanding orders, contracts and debts of its predecessor, and for any other obligations for which it may be held liable as such successor by any court of competent jurisdiction. If any office, board, commission or department of the City of Springboro existing under the laws of this State is abolished by this Charter, the powers and duties conferred on it shall hereafter be exercised and discharged by the agencies and persons with corresponding functions, duties and powers as far as consistent with the provisions of this Charter. Council shall have authority to implement this provision by ordinance to fulfill the purpose of this Charter. (Amended 11-4-08.)