Authorizing the creation of a State Debt not to exceed $400,000, the proceeds to be used as a grant to the Board of Directors of the Wabanna Conference Association for the completion of construction of residential living units to house on-site, year-round staff, located at Camp Wabanna in Edgewater; providing for disbursement of the loan proceeds, subject to a requirement that the grantee provide and expend a matching fund; prohibiting the use of the proceeds of the sale of the bonds and the matching fund for sectarian religious purposes; etc.