To repair, modernize and construct school facilities and remove safety hazards, shall the Peninsula Union Elementary School/District incur bonded indebtedness of $600,000 at interest rates within legal limits, for school improvement purposes including: Modernizing schools for computer technology including a new library/media center; Removing asbestos, repairing roofs and improving earthquake safety; Improving playgrounds; Upgrading security, fire, and safety systems including outdoor lighting; Building a meeting room for community and school use and; Building a bus garage/shop at the school site.