Webster Parish

Shall Consolidated School District No. 1 of the Parish of Webster, State of Louisiana, incur debt and issue bonds not exceeding Four Million Dollars ($4,000,000), to run twenty (20) 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, 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?

Shall North Webster Parish Industrial District of the Parish of Webster, State of Louisiana (the "District"), levy a special tax of five and fourteen hundredths (5.14) mills on all the property subject to taxation in the District (an estimated $313,000 reasonably expected at this time to be collected from the levy of the tax for an entire year) for a period of ten (10) years, beginning with the year 2009 and ending with the year 2018, for the purpose of acquiring, constructing, improving, maintaining and/or operating an industrial park or parks and related facilities and the payment of all expenses in connection therewith and in connection with the location of industry in the District?

Shall Sarepta School District No. 35 of the Parish of Webster, State of Louisiana (the "District"), incur debt and issue bonds not exceeding Four Million Twenty Thousand Dollars ($4,020,000), to run twenty (20) 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, 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, provided that the District shall not be authorized to issue such bonds unless the Millage Proposition for the District is approved by the electorate?

In the event that the Bond Proposition of Sarepta School District No. 35 of the Parish of Webster, State of Louisiana (the "District") is approved by the electorate, shall the District be authorized to levy a special tax of twenty five (25) mills on all property subject to taxation within the District (an estimated $135,500 reasonably expected at this time to be collected from the levy of the Tax for an entire year) for a period of twenty (20) years, beginning with the year 2008 and ending with the year 2027, for the purpose of providing additional support to public schools in the District, including acquiring, constructing, repairing, improving, maintaining and/or operating schools and school related facilities in the District, said tax to be subject to funding into bonds for any of said capital purposes?