The following shall apply: (1) The authority established under the former provisions of section 4 of the Pennsylvania Convention Center Authority Act, formerly codified at 53 Pa.C.S. § 5904, shall be deemed for all purposes to be the authority created and continued in 64 Pa.C.S. § 6004 and shall exercise those powers, functions and duties and be governed by the provisions applicable to the authority created under 64 Pa.C.S. § 6004. Nothing in 64 Pa.C.S. Ch. 60 shall be construed to alter or modify in any respect any contract, bond or other obligation of the authority entered into prior to the effective date of this chapter. (2) The authority created or existing under 64 Pa.C.S. Ch. 60, including the authority established under the former provisions of section 4 of the Pennsylvania Convention Center Authority Act, formerly codified at 53 Pa.C.S. § 5904, shall, without the necessity of action or assignment by it or any other person: (i) continue in the rights and responsibilities of the authority existing under the former provisions of the Pennsylvania Convention Center Authority Act, formerly codified at 53 Pa.C.S. Ch. 59, for all purposes, including, but not limited to, receipt of all grants, gifts, appropriations, subsidies or other payments; (ii) continue to be the owner, lessor or lessee of any real or personal property and enjoy and be subject to any and all rights and responsibilities appurtenant thereto of the authority existing under the former provisions of the Pennsylvania Convention Center Authority Act, formerly codified at 53 Pa.C.S. Ch. 59, including, but not limited to, all assets, property, real and personal, tangible and intangible, all leases, easements and all evidences of ownership or other interest, in part or in whole, and all records and other evidences pertaining thereto; and (iii) continue to be obligated with respect to all debt, labor agreements and all other contractual obligations of the authority existing under the former provisions of the Pennsylvania Convention Center Authority Act, formerly codified at 53 Pa.C.S. Ch. 59, which debt, labor agreements and other contractual obligations are hereby ratified and shall be valid, binding and enforceable under 64 Pa.C.S. Ch. 60. (3) It is hereby declared to be the intent of the General Assembly that the authority created and continuing under 64 Pa.C.S. Ch. 60, including the authority established under the former provisions of section 4 of the Pennsylvania Convention Center Authority Act, formerly codified at 53 Pa.C.S. Ch. 59, and the members, officers, officials and employees of any of them, shall continue to enjoy sovereign and official immunity as provided in 1 Pa.C.S. § 2310 and shall remain immune from suit except as provided by and subject to the provision of 42 Pa.C.S. Ch. 85 Subch. B.
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