Original sentence: A reserve fund of $814,000 was earmarked to maintain the building for possible future use.In 2004-05, a Texas prison and jail development consortium  convinced Hardin's industrial development authority to float bonds to build the speculative Two Rivers Detention Facility, a $27 million jail designed for 464 inmates, located on a  field.In January 2010 the Two Rivers Board hired its fifth director.It has remained complete and vacant for over six years.The Authority bonds defaulted on May 1, 2008.The consortium's contract terminated in January 2009 without any prisoners ever being housed in the jail.The facility was slated to open in July 2007 but the state of Montana did not approve it
Edited sentence: Although five interest payments had been made from the bond issue's reserve fund, the bonds were declared in technical default in May 2008.Because of various legal and political issues, Two Rivers Authority and the original operator were unable to obtain any contracts to house inmates.In 2004-05, a Texas prison and jail development consortium  convinced Hardin's industrial development authority to float bonds to build the Two Rivers Detention Facility, a $27 million jail designed for 464 inmates, located on a  field