THE ISSUANCE OF $7,500,000 SCHOOL BUILDING BONDS FOR THE CONSTRUCTION, RENOVATION, AND EQUIPMENT OF SCHOOL BUILDINGS IN THE DISTRICT INCLUDING THE RENOVATION OF A JUNIOR HIGH SCHOOL AND GYMNASIUM, AND LEVYING AND IMPOSITION OF TAXES SUFFICIENT TO PAY THE PRINCIPAL OF AND INTEREST ON THE BONDS AND THE COSTS OF ANY CREDIT AGREEMENTS.  THIS IS A PROPERTY TAX INCREASE.