To repair and modernize aging classrooms/school facilities at local elementary/intermediate schools, repair termite damage, dry rot, deteriorating roofs, plumbing, and electrical, improve student safety/security, and upgrade classrooms, science labs, and facilities to support student achievement in math, science, technology, and arts, shall Lowell Joint School District issue $48,000,000 in bonds at legal rates, an estimated 3 cents per $100 assessed valuation ($3,000,000 annually) for approximately 33 years, with citizen oversight and all money locally controlled?