To improve North Tahoe High and Middle Schools by replacing, constructing, upgrading, and equipping classrooms, library, technology center, aging water system, improving campus safety and security, qualifying for any available State matching funds, shall School Facilities Improvement District No. 2 of the Tahoe-Truckee Unified School district issue $30,450,000 of bonds at legal interest rates, appoint a Citizens Oversight Committee to perform annual financial audits to ensure that bond funds are spent for the designated projects and for the benefit of students and the community?