THE ISSUANCE OF $60,000,000 OF BONDS BY THE ANDERSON-SHIRO CONSOLIDATED INDEPENDENT SCHOOL DISTRICT FOR THE DESIGN, CONSTRUCTION, REHABILITATION, RENOVATION, EXPANSION, IMPROVEMENT, ACQUISITION, AND EQUIPMENT OF SCHOOL FACILITIES AND THE NECESSARY SITES FOR SCHOOL FACILITIES, WITH PRIORITY GIVEN TO A NEW PRE-K THROUGH 5TH GRADE ELEMENTARY SCHOOL AND THE RENOVATION OF THE CURRENT ELEMENTARY SCHOOL INTO A NEW JUNIOR HIGH SCHOOL, AND THE LEVYING OF A TAX SUFFICIENT TO PAY THE PRINCIPAL OF AND INTEREST ON THE BONDS AND THE COST OF ANY CREDIT AGREEMENTS EXECUTED IN CONNECTION WITH THE BONDS. THIS IS A PROPERTY TAX INCREASE.