Legislation that would prevent the Town Toyota Center from going into default would enable the Public Facilities District or its nine member jurisdictions to increase sales taxes without voter approval. Its a last minute effort to head-off a bank default before the existing bonds fall due December 1st. State Treasurer James McIntire is urging lawmakers to pass the bill saying a default would significantly impact borrowing costs for Washington's other public entities.The PFD has been unable to pay off a $42 million debt for the Town Toyota Center. The proposal announced Friday would enable the state to pay the debt by tapping the sales tax revenues from the cities and two counties that helped build the arena. The loan would be repaid within 10 years. Local state lawmakers explained the legislation for reporters following a day-long meeting where they met with elected leaders from each of the nine jurisdictions that comprise the PFD. Representative Cary Condotta says the so-called bridge loan would not affect the state's budget deficit or compete with state operating, capital or transportation budgets. The legislation received a luke-warm response from local elected leaders, many of whom object to being put in a position they claim was not what they originally signed up for when they joined the PFD. But Cashmere City Councilman, Skip Moore says the consequences of not going forward with the plan could result in financial disaster. The legislation must be approved by the Legislature during the special session which starts November 28th. Video excerpts of Friday's news conference have been posted to KPQ.Com and KPQ's facebook page.