To relieve severe overcrowding, improve safety for children, repair and renovate local elementary school facilities, shall the El Monte City Elementary School District issue $40 million of bonds, at legal interest rates, to acquire, construct and improve school sites and facilities and obtain eligibility for state funding for construction and renovation, including adding classrooms, repairing roofs, dry rot and termite damage, renovating restrooms, upgrading electrical, plumbing and sewer systems, and improving student drop-off and pick-up zones?