Is there a way to point an elastic ip to a new instance in the turnkey hub?

I created a new server from scratch with a more updated appliance and installed all my stuff on it. Now I want to point the elastic IP to the new server instead of the old one. Is there a way to do this in the Hub? I can see to dissassociate it from the old server but there doesn't appear to be a way to associate it with the new one.