To reconstruct and modernize Mill Valley elementary and middle schools, including installing and constructing fire safety, emergency communications, seismic and disabled access improvements; providing sufficient space for students; and repairing or replacing outdated plumbing, electrical and other vital systems and facilities, shall the Mill Valley School District be authorized to issue $59,800,000 in bonds for Phase 1 of the approved Facilities Master Plan, and establish a Citizens' Oversight Committee to ensure all expenditures are made according to the plan?