PROPOSITION NO. 1

VALLEY SCHOOL DISTRICT NO. 70

SCHOOL MODERNIZATION AND EXPANSION BONDS

The Board of Directors of Valley School District

No. 70 adopted Resolution No. 2-04/05, concerning a

proposition to finance school modernization and

expansion.  This proposition would authorize the

District to modernize and expand Valley School

(construct additional classrooms, science lab and

junior high school gymnasium; upgrade heating,

ventilation, phone and electrical system; improve

technology; restore historic White School House for

instructional purposes; and expand parking facilities);

issue no more than $3,928,785 of general obligation

bonds maturing within 21 years; and levy annual excess

property taxes to pay and retire the bonds, all as

provided in Resolution No. 2-04/05.  Should this

proposition be:

Percentage

Bonds Approved

Bonds Rejected