(1) A petition proposing to alter an existing county government may:
(a) recommend amendments to the existing plan of government;
(b) recommend any form of government authorized by Title 7, chapter 3, parts 1 through 5;
(c) draft a charter;
(d) recommend municipal-county consolidation or amendments to an existing consolidation; or
(e) in cooperation with a similar petition calling for an election on county merger circulated in an adjoining county, recommend county merger.
(2) A petition proposing to alter a municipal government may:
(a) recommend amendments to the existing plan of government;
(b) recommend any form of government authorized by Title 7, chapter 3, parts 1 through 6;
(c) draft a charter; or
(d) recommend disincorporation.