To improve the quality of education of Elk Hills Elementary School District, modernize classrooms, make health and safety improvements, including fire alarm systems, repair roofs, upgrade electrical systems to improve student access to computer technology, repair and improve student support facilities, fix plumbing, heating, ventilation, and air conditioning systems, shall the District issue $7,905,000 in bonds, within maximum legal interest rates, requiring a citizens' oversight committee and annual financial audits?