Authorizing the creation of a State Debt in the amount of $150,000, the proceeds to be used as a grant to the Board of Directors of The Progressive Education Center, Inc. for the acquisition, planning, design, construction, repair, renovation, reconstruction, site improvement, and capital equipping of a playground for the Progressive Education Center, located in Baltimore City; providing for disbursement of the loan proceeds, subject to a requirement that the grantee provide and expend a matching fund; etc.