How does the story of the temple renovation relate to the conflict between the snake and the frog? What went wrong with the project?

Chapter 47 begins to explain the origin of the enmity by telling a story about a temple renovation project. A plan was made to renovate an old temple of Mahadeva, and a large sum of money was collected. A wealthy man of that place was appointed as the manager and was entrusted with all the funds. He was supposed to manage the accounts honestly and contribute his own money. However, the text describes him as being 'very stingy by nature' and the 'embodiment of stinginess.' He mismanaged the project, spending all the collected money while refusing to spend a single penny of his own, which left the temple work half-done.