Question 3 - Education Special Purpose Local Option Sales and Use Tax

Shall up to $50,000,000 in aggregate principal amount of Greene County School District general obligation bonds (the "Bonds") be issued for the purpose of funding (a) the costs of (i) acquiring, constructing and equipping new school buildings, administration buildings, athletic buildings and facilities and other buildings or facilities useful or desirable in connection therewith, including, but not limited to a fine/performing arts center, (ii) assisting with acquiring, constructing and equipping school buildings for Lake Oconee Academy, (iii) adding to, renovating, repairing, improving and equipping existing school buildings, administration buildings, athletic buildings and facilities and other buildings and facilities useful or desirable therewith, (iv) acquiring buses and other vehicles, (v) acquiring, installing and implementing safety and technology improvements, (vi) acquiring text books, e-books, licenses, workbooks and other digital curricular resources, (vii) acquiring land for future facilities and (viii) acquiring any property useful or desirable therefor, both real and personal (the "Projects"); (b) capitalized interest on the Bonds; and (c) the costs of issuing the Bonds; and shall a special one percent sales and use tax be continued in the special district of Greene County for a period of time not to exceed 20 calendar quarters and for the raising of not more than $75,000,000 for the purpose of funding (a) the payment of a portion of the principal of and interest on the Bonds in the maximum amount not to exceed $27,083,800, (b) the payment of a portion of the principal of and interest on the School District's General Obligation Bonds, Series 2023 in the maximum amount not to exceed $9,042,969 and (c) all or a portion of any of the Projects in the maximum amount not to exceed $38,873,231 unless the amounts used for principal and interest on the Bonds or the Series 2023 Bonds is less than the maximum amounts set forth above?