To design and construct rental housing units for Live Oak School District teachers and staff including amenities and facilities, acquire real property for housing and school use; and make school facility improvements; shall the Live Oak School District measure authorizing $45,000,000 in bonds be adopted, levying on average $30 per $100,000 assessed value, generating approximately $3,300,000 annually, while bonds are outstanding, with annual audits, independent citizen oversight and no funds used for administrator salaries or pensions?
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