The contractor designated to build the new horticulture building has gone bankrupt and is unable to complete the project, thereby delaying construction indefinitely.
Before being awarded the contract to design and build the new horticulture building, the contractor was required to purchase surety, which acts as insurance against such an event.
The district is currently going through negotiations with the surety company to provide a new contractor to complete construction.
The district is not facing any loss of funds because of the aforementioned insurance.
