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Attachment 4 <br /> EXHIBIT A <br /> FULL TEXT OF BOND PROPOSITION <br /> PLEASANTON UNIFIED SCHOOL DISTRICT <br /> SCHOOL AND CLASSROOM SAFETY,RENOVATION, <br /> CONSTRUCTION AND MODERNIZATION MEASURE <br /> This Proposition may be known and referred to as the "Pleasanton Unified <br /> School District School and Classroom Safety, Renovation, Construction and <br /> Modernization Measure" or as "Measure ". [designation to be assigned by <br /> County Registrar of Voters] <br /> BOND AUTHORIZATION <br /> By approval of this proposition by at least 55% of the registered voters <br /> voting on the proposition, the Pleasanton Unified School District (the "District") <br /> shall be authorized to issue and sell bonds of up to $270,000,000 in aggregate <br /> principal amount to provide financing for the specific school facilities projects <br /> listed under the heading entitled "BOND PROJECT LIST" below (the "Bond <br /> Project List"), subject to all of the accountability safeguards specified below. <br /> ACCOUNTABILITY SAFEGUARDS <br /> The provisions in this section are specifically included in this proposition <br /> in order that the voters and taxpayers of the District may be assured that their <br /> money will be spent to address specific facilities needs of the District, all in <br /> compliance with the requirements of Article XIIIA, Section 1(b)(3) of the <br /> California Constitution, and the Strict Accountability in Local School <br /> Construction Bonds Act of 2000 (codified at Sections 15264 and following of the <br /> California Education Code (the"Education Code")). <br /> Evaluation of Needs. The Board of Trustees of the District (the "Board") <br /> has prepared a facilities plan and conducted an evaluation of building systems, in <br /> order to evaluate and address all of the facilities needs of the District at each <br /> campus and facility, and to determine which projects to finance from a local bond <br /> at this time. The Board hereby certifies that it has evaluated safety, class size <br /> reduction and information technology needs in developing the Bond Project List. <br /> Limitations on Use of Bonds. Proceeds from the sale of bonds authorized <br /> by this proposition shall be used only for the construction, reconstruction, <br /> rehabilitation, or replacement of school facilities, including the furnishing and <br /> equipping of school facilities, or the acquisition or lease of real property for <br /> school facilities, and not for any other purpose, including teacher and <br /> administrator salaries and other school operating expenses. <br /> A-1 <br /> OHSUSA:765133017.10 <br /> 5.3 Attachment A <br /> 6 of 14 <br />