Section 300. - Rights and liabilities.

The City shall be deemed, for all purposes, to be the successor in interest to the former City. The said City shall succeed to own, possess, hold and control all rights, including, but not limited to, rights in and to personal and real property, owned, possessed, controlled or held by said former City, as of the effective date of this Charter. Said City shall be deemed, for all purposes, to be subject to all debts, obligations, liabilities and duties of said former City, as such existed as of the effective date of this Charter.

Section 301. - Validation of prior acts.

All lawful acts heretofore taken by, or on behalf of, the said former City, by its City Council, or any officer, employee, commission, committee, or board thereof, shall be deemed for all purposes, to continue in full force and effect from and after the effective date of this Charter. The validation of such acts as provided for herein shall include, but not be limited to, all lawful ordinances, resolutions, rules, regulations, permits, or any portion thereof, in force as of the effective date of this Charter, except to the extent that any such act is inconsistent, in whole or in part, with any provisions of this Charter; to that extent the same shall be subject to amendment, modification or repeal by lawful authority pursuant to this Charter.

Section 302. - Continuation of status of officers and employees

All officers and employees, including but not limited to, elective officers of the said former City shall, as of the effective date of this Charter, continue to perform the duties of their respective offices and positions. Except as otherwise expressly provided in this Charter, the adoption hereof, as to such officers and employees, shall not affect or impair any right, privilege or retirement benefit or such officers and employees lawfully held by them as of the effective date of this Charter. The tenure of, and the performance of duties by, all such officers and employees shall be subject to the provisions hereof.

Section 303. - Public contracts.

All contracts lawfully entered into by the said former City, prior to the effective date of this Charter, shall continue in full force and effect, notwithstanding the adoption of this said Charter.

Section 304. - Pending proceedings.

Any action or proceeding, civil, criminal or administrative, pending as of the effective date of this Charter, as to which the said former City, or any officer or employee thereof, is a party or participant, shall not be affected, altered or abated by reason of the adoption of this Charter or by any provision hereof. Any such action or proceeding shall be processed to its conclusion, in accordance with all laws applicable thereto, notwithstanding the adoption of this said Charter.