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A. The Director may extend the conditional certificate for a period not to exceed 24 consecutive months. The owner shall submit a written request stating the grounds for the extension together with a fee as established by the Director. The Director may grant an extension if the Director determines that:

1. The anticipated failure to complete construction within the required time period is due to circumstances beyond the control of the owner;

2. The owner has been acting and could reasonably be expected to continue to act in good faith and with due diligence; and

3. All the conditions of the original MFTE contract between the owner and the City will be satisfied upon completion of the project. (Ord. 2892 § 3 (part), 2017).