To relieve classroom overcrowding, to improve health and safety conditions of Newhall elementary schools, to acquire land, build additional permanent classrooms, replace aging roofs, upgrade inadequate heating, air conditioning, ventilation, electrical, and plumbing systems, comply with fire, safety, and seismic standards, renovate children's restrooms, repair deteriorating playground and sidewalk surfaces, shall the Newhall Elementary School District issue bonds in amount of $35.5 million at an interest rate not to exceed the legal limit?