Morehouse Parish

Shall Consolidated School District No. 12 of Morehouse Parish, State of Louisiana (the "District"), be authorized to continue to levy and collect a special tax of five (5) mills on all property subject to taxation in said District, for a period of ten (10) years, beginning with the year 2004 and ending with the year 2013, for the purpose of acquiring, constructing, improving, maintaining or equipping public elementary and secondary schools in the District?

Shall School District Number A (Parishwide) of the Parish of Morehouse, State of Louisiana, continue to levy a ten (10) mill tax on all property subject to taxation in Morehouse Parish, for an additional period of ten (10) years, beginning with the year 2004 and ending with the year 2013, for the purposes of acquiring, constructing, renovating, improving, equipping, furnishing, maintaining and operating public schools and school-related facilities in Morehouse Parish, and for paying salaries and benefits for teachers and other personnel employed by the Morehouse Parish School Board; provided that the said tax shall be renewed only in the event that the following Sales Tax Renewal Proposition is approved by the electorate?

In the event that the foregoing School Board Millage Renewal is approved by the electorate, shall the Parish School Board of the Parish of Morehouse, State of Louisiana (the "School Board"), under the provisions of Article VI, Section 29(B) of the Constitution of the State of Louisiana of 1974, La. R.S. 33:2737.50, and other constitutional and statutory authority, be authorized to continue to levy and collect a tax of one-half of one per cent (1/2%) (the "Tax"), for an additional period of ten (10) years commencing October 1, 2004, upon the sale at retail, the use, the lease or rental, the consumption, and the storage for use or consumption of tangible personal property and on sales of services in Morehouse Parish, all as defined in La. R.S. 47:301 to 47:317, inclusive, with the proceeds of the Tax (after paying the reasonable and necessary costs and expenses of collecting and administering the Tax), to be dedicated and used for acquiring, constructing, renovating, improving, equipping, furnishing, maintaining and operating public schools and school-related facilities in Morehouse Parish, and for paying salaries and benefits for teachers and other personnel employed by the Morehouse Parish School Board?

Shall the Parish School Board of the Parish of Morehouse, State of Louisiana (the "School Board"), under the provisions of Article VI, Section 29(B) of the Constitution of the State of Louisiana of 1974, and other constitutional and statutory authority, be authorized to levy and collect a tax of one-half of one per cent (1/2%) (the "Tax"), for a period of eleven (11) years from the date of the first levy, upon the sale at retail, the use, the lease or rental, the consumption, and the storage for use or consumption of tangible personal property and on sales of services in Morehouse Parish, all as defined in La. R.S. 47:301 to 47:317, inclusive, with the proceeds of the Tax (after paying the reasonable and necessary costs and expenses of collecting and administering the Tax), to be dedicated and used for acquiring, constructing, renovating, improving, equipping, furnishing, maintaining and operating public schools and school-related facilities in Morehouse Parish, and for paying salaries and benefits for teachers and other personnel employed by the Morehouse Parish School Board?

Shall School District Number A (Parishwide) of the Parish of Morehouse, State of Louisiana, incur debt and issue bonds not exceeding Fourteen Million Seven Hundred Thousand Dollars ($14,700,000), to run twenty-five (25) years from date thereof, with interest at a rate not exceeding eight per centum (8%) per annum, for the purpose of acquiring and/or improving lands for building sites and playgrounds; including construction of necessary sidewalks and streets adjacent thereto; purchasing, erecting and/or improving school buildings and other school related facilities within and for the District, INCLUDING, TO THE EXTENT FEASIBLE, THOSE SCHOOL PROJECTS RECOMMENDED BY THE SAVE OUR SCHOOLS COMMITTEE AND APPROVED BY THE SCHOOL BOARD ON APRIL 28, 2003, and acquiring the necessary equipment and furnishings therefor, 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?