All ordinances or parts of ordinances in conflict herewith are hereby repealed.
This chapter shall be in full force and effect from and after its passage, approval and publication, as required by law.
The repeal of the ordinance or parts thereof specified in § 285-49 shall not:
A. 
Affect suits pending or rights existing immediately prior to the effective date of this chapter.
B. 
Impair, avoid, or affect any grant or conveyance made or right acquired or cause of action now existing under any such repealed ordinance or amendment thereto.
C. 
Affect or impair the validity of any bond or other obligation issued or sold in constituting a valid obligation of the issuing authority immediately prior to the effective date of this chapter.