To provide elementary school students with warm, safe, dry classrooms that are conducive to learning, by renovating and modernizing the school buildings in the Jefferson Elementary School District, including replacing old, inefficient heating and ventilating systems, aging plumbing and restrooms, out-dated electrical systems, and other acquisition or construction of or improvements to school buildings and grounds, shall the Jefferson Elementary School District issue $52,000,000 in bonds at interest rates within the legal limits?