To improve Wasco Union High School by constructing a new gymnasium; upgrading repairing, constructing, reconstructing and equipping related facilities to better serve students and the community; to qualify for potential State matching funds, shall Wasco Union High School District issue $38,950,000 in bonds repaying an annual average of $2,235,000, at approximately $29.41 per $100,000 of assessed value, while bonds are outstanding, at legal interest rates, with no funding for employee salaries or pensions, and required audits and citizens' oversight?