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Creating and establishing a reclamation and utility district to be known as "Falcon's Lair Utility and Reclamation District, of Dallas County, Texas"; defining and finding a closure of the boundaries thereof; finding benefit to all property within the district; requiring a confirmation election before the issuance of bonds; conferring on the district certain rights, powers, privileges, authority, and functions pursuant to Article XVI, Section 59, and Article III, Section 52, Constitution of Texas, and the general laws of the state applicable to municipal utility districts, where not in conflict with this Act, together with certain specified additional powers and functions; appointing and providing for directors of the district; providing for the administration, financing and operations of the district; providing for elections in the district and the issuance of bonds and notes and the levy and collection of taxes; authorizing certain contracts by and between the district and other persons and entities, including the City of Mesquite, Texas; providing for the abolition of the district; finding and declaring that the applicable requirements of Article XVI, Section 59(d) and Section 59(e), Constitution of Texas, have been met and accomplished; enacting other provisions relating to the above subjects; providing a severability clause; and declaring an emergency.