DALLAS -- A Pecos County, Tex., for-profit jail project will make an Aug. 1 payment to bondholders despite earlier predictions that a shortfall was imminent, a lawyer for the county said yesterday.

Barney Knight, a lawyer for Bickerstaff, Heath & Smiley in Austin, which represents the county, said the trustee, First City Bank in Houston, confirmed that funds were available to eliminate an expected $7,243.57 shortfall. He would not elaborate on the sources of the funds.

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