All full-time, permanent and part-time officers and employees hired for employment by the City of Pleasantville, subsequent to the effective date of this article, hereinafter to be employed by the City of Pleasantville, are hereby required, subject to the provisions of N.J.S.A. 40A:9-1.1 et seq., and specifically N.J.S.A 40A:9-1.5, to be bona fide residents of the City of Pleasantville, and as a condition of their employment, continue to be bona fide residents, except as otherwise provided by law. Any person currently employed by the City of Pleasantville who resides outside of the City as of the date of the adoption of this article is specifically exempted from the provisions and terms of this article, except for those provided and set forth at §
41-8, Limitation of grandfathering.