Ballot Issue 3W - Wiggins School District Debt Increase

SHALL WIGGINS SCHOOL DISTRICT NO. RE-50J DEBT BE INCREASED BY $31 MILLION, WITH A REPAYMENT COST OF UP TO $46.5 MILLION, AND SHALL DISTRICT TAXES BE INCREASED BY UP TO $3.2 MILLION ANNUALLY (A PORTION OF WHICH AMOUNT REPRESENTS THE CONTINUATION OF TAXES CURRENTLY LEVIED FOR BONDS TO BE RETIRED EARLY BY THE DISTRICT IN 2016) FOR THE PURPOSE OF, AMONG OTHER THINGS: "¢ CONSTRUCTING A NEW MIDDLE SCHOOL / HIGH SCHOOL ON THE EXISTING SCHOOL SITE TO COMPLETE A MORE SECURE AND INTEGRATED CAMPUS; "¢ RENOVATING THE ELEMENTARY SCHOOL TO CONSTRUCT A SAFE ENTRY; "¢ REPAIRING AND IMPROVING DISTRICT FACILITIES TO EXTEND THEIR USEFUL LIFE, REPLACE AGING AND OUTDATED UTILITY SYSTEMS, MAKE UPGRADES FOR SECURITY AND LIFE SAFETY NEEDS, AND UPDATE THE LEARNING ENVIRONMENT; "¢ CONSTRUCTING AN AUDITORIUM / PERFORMING ARTS MUSIC HALL FOR SCHOOL AND COMMUNITY USE; AND "¢ CONSTRUCTING A DEDICATED WRESTLING ROOM TO PERMIT WEIGHT ROOM COMMUNITY USE, AND CONSTRUCTING AN ALLWEATHER TRACK AND FIELD, AND TO THE EXTENT MONEYS ARE AVAILABLE, TO ACQUIRE, CONSTRUCT, REPAIR AND IMPROVE DISTRICT CAPITAL ASSETS, BY THE ISSUANCE AND PAYMENT OF GENERAL OBLIGATION BONDS WHICH SHALL BEAR INTEREST, MATURE, BE SUBJECT TO REDEMPTION, WITH OR WITHOUT PREMIUM, AND BE ISSUED AT SUCH TIME, AT SUCH PRICE (AT, ABOVE OR BELOW PAR) AND IN SUCH MANNER AND CONTAINING SUCH TERMS, NOT INCONSISTENT WITH THIS BALLOT ISSUE, AS THE BOARD OF EDUCATION MAY DETERMINE; AND SHALL AD VALOREM PROPERTY TAXES BE LEVIED WITHOUT LIMIT AS TO THE MILL RATE TO GENERATE AN AMOUNT SUFFICIENT IN EACH YEAR TO PAY THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON SUCH DEBT AND TO FUND ANY RESERVES FOR THE PAYMENT THEREOF?