To repair, modernize and construct school facilities and remove safety hazards, shall the Le Grand Union High School/District incur bonded indebtedness of $1,950,000 at interest rates within legal limits, for school improvement purposes. Bond proceeds will be used to further implement the District's Master Plan for growth, and can include the addition of classrooms, building modernization, a cafeteria/multi-purpose building and replacement of an old main electrical service.