To build a middle school that will serve students in grades seven and eight, refurbish and upgrade facilities at North Monterey County High School and the District's six other schools, all of which are over thirty years old, shall the North Monterey County Unified School District, with State matching funds, issue $20,750,000 of bonds, at interest rates within the legal limit and appoint a Citizen's Oversight Committee to annually audit the expenditure of bond revenues?