To renovate/upgrade classrooms, restrooms and school facilities that improve the quality of education; replace deteriorating plumbing systems; upgrade inadequate electrical, heating and air conditioning systems; repair/replace leaky roofs; and make health/safety improvements, shall Red Bluff Union Elementary School District issue $12,000,000 of bonds, at legal rates, raising on average $700,000 annually, estimated through 2053, levying approximately $0.03/$100 assessed valuation, with annual audits, independent citizens’ oversight, NO money for administrator salaries and all money for local schools?