To relieve serious overcrowding and benefit local children and students by adding additional classrooms, to repair and rehabilitate school facilities to meet current health, safety and instructional standards including replacing inadequate lighting, deteriorated plumbing, heating, air conditioning, ventilation and electrical systems, refurbishing classrooms, and restrooms, purchasing property for new school construction, and to establish and independent oversight committee, shall the Atwater Elementary School District issue $11,000,000 in bonds, at the lowest available interest rates?