PW School Dist. Number A - $37.190M Bond - SB - 25 Yrs. - School Construction Bond ($37.19M)

Shall School District Number A (Parishwide) of the Parish of Morehouse, State of Louisiana (the "District"), incur debt and issue bonds to the amount of not exceeding $37,190,000, in one or more series, to run not exceeding 25 years from the date thereof, with interest at a rate of not exceeding 7% per annum, for the purpose of financing capital expenditures for school purposes for the District, including constructing, acquiring and/or improving schools and other school related facilities, together with equipment and furnishings therefor, including, to the extent feasible, those specific school projects set forth in the "Capital Improvement Plan" approved by the School Board on March 3, 2026, title to which shall be in the public; which bonds will be general obligations of the District and will be payable from ad valorem taxes to be levied and collected in the manner provided by Article VI, Section 33 of the Constitution of the State of Louisiana of 1974 and statutory authority supplemental thereto, with no estimated increase in the millage rate to be levied in the first year of issue above the 10 mills currently being levied to pay General Obligation Bonds of the District?;