You need to use the wp_editor
function to replace your textarea with the wp wysiwyg editor.
<textarea rows="1" cols="40" name="'.$option_id.'" placeholder="'.$option['description'].'">'.$option_value.'</textarea>
Will become something like :
wp_editor( $option_value, $option_id, array('name'=>$option_id,'textarea_rows'=>1) );
More infos about wp_editor in the WP Codex