Shall a one percent sales and use tax for educational purposes be

imposed in the Paulding County School District for a period of time

not to exceed twenty consecutive calendar quarters and for the raising

of not more than $120,000,000 for the purposes of (A) paying the

principal and interest (during the period the one percent sales and use

tax is to be imposed) on Paulding County School District's

outstanding General Obligation Refunding Bonds, Series 2014 in a

maximum amount of $40,982,000 and (B) funding the following

capital outlay projects in a maximum amount of $79,018,000:

acquisition, construction and equipping of facilities and equipment

throughout the School District, including new school facility

construction, strategic additions and/or improvements to existing

schools, technology enhancements, fine arts initiatives, safety and

security upgrades, track, tennis, gym and other athletic facility

improvements?

If imposition of the tax is approved by the voters, such vote shall also

constitute approval of the issuance of general obligation debt of the

Paulding County School District in the principal amount of

$30,000,000 for the capital outlay purposes described in item (B)

above and for the payment of capitalized interest.