Immediately upon the election and qualification of such officers, as herein provided, the officers and employees of "The Common Council of the City of Phoenix" shall turn over and deliver to such officers, all the property, papers, records, seal, and other paraphernalia belonging to "The Common Council of the City of Phoenix"; which said act shall be accomplished by the passage and recording in the proper book of a resolution to the effect that all of the property, rights, records, papers, property rights and paraphernalia now belonging to the Common Council of the City of Phoenix, are hereby transferred to and delivered to the officers of the City of Phoenix, pursuant to the requirements of the Charter adopted by the electors of the City, giving the date of such adoption.