Save an open workbook, then open template workbook and close the saved workbook

I have a template Workbook named "LINE11.xls" when opened it creates a new Workbook named "LINE11 mm-dd-yyyy" the date being the day it was opened. What I could use help with is getting it to save and close at mid-night, and then open the template "LINE11.xls" to start a new Workbook for the next day. I am new to vba and this has been messing with me for quite sometime. Any help would be greatly apprieciated. It seems to be close, but I am sure there is a better way.

(code is in ThisWorkbook)

Private Sub Workbook_Open()
    
    Application.OnTime TimeValue("02:10:00"), "Save_Close_Active_File"
    
End Sub



(This code is in a module)

Sub Save_Close_Active_File()

Dim LastActiveWorkBook As String

    Application.OnTime TimeValue("02:10:00"), "Save_Close_Active_File"
    Application.DisplayAlerts = False
    ActiveWorkbook.SaveAs Filename:=ActiveWorkbook.Name
    LastActiveWorkBook = ActiveWorkbook.Name
    Workbooks.Open Filename:="E:\LINE11.xls"
    Windows("LastActiveWorkBook").Activate
    ActiveWorkbook.Close
    Application.DisplayAlerts = True


    
End Sub

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