For the purpose of acquiring and constructing facilities to accommodate smaller class size, science and computer labs and other programs; and for continued earthquake safety improvements, removing asbestos, repairing schools, making school grounds and restroom improvements, providing disabled access to existing facilities, and bringing high school facilities up to standards, shall the Santa Monica-Malibu Unified School District incur a bonded indebtedness in the maximum amount of $42,000,000, with an interest rate not to exceed the statutory maximum?