Among the ideas kicking around the Naperville City Council are the notions of electing council members by wards (instead of all at-large) and setting term limits for councilmen.
And the council decided to leave those decisions in the hands of residents. Meaning, if someone wants to initiate a drive to put those questions on ballots as a referendum, have at it.
I suppose while people are at it, if they wanted to repeal home rule they could start collecting petition signatures to have a referendum on that.
See how much power you have? Look at California, and all the ballot initiatives out there. Those are mostly grassroots efforts. If you want something done, get up and try getting it done yourself.
That said, what do you think of the notion of term limits for council members, or elected them by wards instead of at-large?