The state will again borrow the cash needed to make its annual payment to the New Orleans Saints, thanks to a loan arrangement approved Monday, though it's unclear how that borrowing will be repaid or how the state will meet its future obligations to the NFL team. The state has struggled to pay the Saints for the past few years and has yet to repay the cash it borrowed from an economic development fund last year to make its payment. This time, the state will borrow $10.5 million through a financing mechanism it hasn't used for at least a decade. Members of the State Bond Commission, which approved the plan Monday, said there were few options available since the Legislature adjourned last week without approving a new tax source for the Saints payment or setting aside dollars in the state's budget to make the latest payment, due July 5. "We have an obligation that we have to live up to. Some of us may not agree that it's the best contract, but it's a contract we have to live up to. The full faith and credit of the state is behind it," said Sen. Diana Bajoie, D-New Orleans.