Any nonconforming building which has been destroyed or damaged by fire, explosion, act of God or by a public enemy to the extent of 60% or more of its assessed valuation shall thereafter conform to the provisions of this chapter. Where more than 40% of the assessed value of the building remains after such damage, such structure may be restored to the same nonconforming use as existed before such damage.
(Ord. 552, passed - -62; Ord. 855, passed 10-7-86) Penalty, see § 10.99