Except as provided in subsection (e) of this section, Cecil County may exercise the authority granted under this subtitle only in a designated growth area as defined in the county comprehensive plan. The governing body of Cecil County shall hold at least one public hearing on a bill establishing a special taxing district. At the public hearing, the governing body may consider the following elements of a proposed development that would receive the proceeds of a bond: development design standards; the use of transfer of development rights or other methods of increasing the density of development; design and use of open space; and availability and design of recreational and educational facilities. A law enacted by Cecil County under this subtitle shall require that adequate debt service reserve funds be maintained. Except as provided in subsection (e)(2) of this section and notwithstanding § 21–503(c) of this subtitle, before Cecil County may establish a special taxing district, all of the owners of real property in the proposed special taxing district shall petition the county to establish the special taxing district. For the purpose of providing Internet service, Cecil County may: exercise the authority granted under this subtitle in the entirety of the unincorporated area of the county; establish a special taxing district if property owners in the proposed special taxing district petition the county in accordance with § 21–503(c) of this subtitle; and impose ad valorem or special taxes and issue bonds under this subtitle.