Measure M - School Facilities District 2

To improve, repair, and modernize outdated Malibu classrooms, science labs, libraries, instructional technology and other school facilities; improve school safety/security systems; shall Santa Monica- Santa Monica-Malibu Unified School District’s School Facilities Improvement District No. 2 (Malibu Schools) issue $195 million of bonds at legal interest rates, averaging $10.8 million raised annually to repay issued bonds through final maturity, from levies estimated at three cents per $100 of assessed value, with citizens’ oversight, annual audits, all funds benefitting Malibu schools?