(A) In the absence of a petition, the City Council shall have the authority to submit a proposed ordinance to the voters.
(B) If the City Council specifies that the election is binding, and if the voters approve the proposed ordinance, then the ordinance is adopted.
(C) If the City Council specifies that the election is non-binding, then the results of the election are only to supply information and guidance to the City Council and the proposed ordinance is neither approved nor disapproved.