(1) No later than 20 days after the city recorder certifies a completed initiative or referendum petition, the city manager shall present the petition to the council for consideration. At that time, or thereafter, the council may:
(a) Adopt an ordinance proposed by an initiative petition;
(b) Repeal an ordinance referred by referendum petition;
(c) Vote to urge adoption or defeat of the initiated or referred measure;
(d) Order submission of an alternative measure or measures to be voted upon at the same election as the initiated or referred measure.
(2) During the 61 day period prior to an election on an initiative or referendum measure the council shall refrain from adopting an ordinance proposed by an initiative petition or repealing an ordinance referred by a referendum petition.