I had a 78 F3 and had to repair the fuel tap. I was able to drill the rivet top off, just be carefull and don't remove any metal that doesn't have to be removed.
Then the moving part (the handle) will come off.
I used a (I think) 6-32 tap drill to drill down where the rivets are. ( a drill press made that easier) Then tap 6-32.
No need to destroy anything. The fuel tap can be put back together, as it was, except the rivets are gone and the 6-32 screws are holding it together.
I bought an ebay tap that looked similar (there is some risk it may be different) and removed its rubber section. And installed it in my original tap.
Worked fine.