(a) Such repeal shall not affect a penalty or forfeiture incurred under any of the laws repealed before this act takes effect; however, where a punishment, penalty, or forfeiture is mitigated by the provisions of this act, the provisions may be extended to any sentence or judgment pronounced after repeal.

(b) Such repeal and enactment hereof shall not affect any ordinance, resolution, or bylaw lawfully enacted, ordained, and established under the provisions of said acts, and not inconsistent with the provisions of this act, but the same shall be and remain in full force and effect until the same are repealed, altered, or amended as herein provided; and the Mayor and Aldermen of the City, and all City officials holding office therein under the general laws of this State or the act repealed shall hold office until the expiration of their current terms of office, unless such office shall sooner become vacant under the provisions of the Acts repealed.

(c) When a limitation or period of time prescribed in the act repealed for acquiring or enforcing a right or barring a remedy, or for any other purpose, has begun to run, and the same or a similar limitation is prescribed in this act, the time of limitation shall continue to run and shall have like effect as if the whole period had begun and ended under the operation thereof.