The City of Farrell shall continue to be a municipal corporation under its present name, "City of Farrell". As used in this charter, the word "City" shall mean the City of Farrell in Mercer County, Pennsylvania.
The boundaries of the City shall be the actual boundaries of the City at the time this charter takes effect and as they may be lawfully changed thereafter.
This charter shall become effective on the First Monday of January, 1976, and the municipal government shall operate under the terms and provisions hereof from and after the said effective date.