No building which has been damaged by fire, explosions, act of God or the public enemy to the extent of more than seventy-five percent (75%) of the fair market value of the building immediately prior to damage, shall be restored except in conformity with the regulations in this Zoning Code. If a building is damaged by less than seventy-five percent (75%) of the fair market value, or, in the case of a residential structure within an M-2 Heavy Industrial District, if such structure is damaged to any extent, it may be repaired or reconstructed and used as before the time of damage, provided that such repairs or reconstruction is completed within twelve months of the date of such damage.
(Ord. 20-95. Passed 3-21-95.)