To reduce crowding at high schools, construct a new high school, construct new classrooms at existing schools to reduce class size, renovate schools, create safer schools, renovate computer labs, science labs, and libraries, replace deteriorating roofs, upgrade electrical systems, acquire and construct other essential instructional school facilities, and to qualify for state bond funds, shall the Merced Union High School District issue bonds in a maximum amount of $24,633,000, with an interest rate not to exceed the statutory maximum?