The Department of Public Works and the Department of Treasury are hereby directed to immediately initiate a water and sewer facilities study for the purpose of establishing a subdistrict to be located in the area of Fallston, Maryland, as shown on the attached map labeled "Exhibit A," and to submit to the County Council, within six months of the effective date of this Article, the facilities study, which shall include recommendations on the following considerations:
A.
A method for paying for facilities already located within the boundary of the sanitary subdistrict.
B.
A schedule for retiring all capital indebtedness attributable to the sanitary subdistrict.
C.
Capital budgets for the construction of facilities within the sanitary subdistrict.
D.
A method for paying for new facilities within the sanitary subdistrict.
E.
A schedule of rates, charges, assessments or other payments to be required by or levied by the county within the sanitary subdistrict.
F.
Any proposed rules and regulations which may be necessary for the operation of the sanitary subdistrict.