To reconstruct the Mendocino Grammar School in order to replace the deteriorating buildings; to upgrade to energy efficient lighting, ventilating, and heating systems; to repair, upgrade, modernize and structurally improve the Middle School and District High School buildings, classrooms and fields and to qualify to receive State matching grants of up to $2,500,000; shall the Mendocino Unified School District issue $8,500,000 of bonds at the rates within the legal limits with strict annual audits and citizens oversight?