No permit shall be issued to move any building or structure:
(1) That may result in more than one housing accommodation to be situated on any lot in areas determined by the board of water supply to lack sufficient water supply for any one or more of the following: domestic use, fire protection, or sanitation; or
(2) That has deteriorated or been damaged to an extent greater than 50 percent of the cost of replacement (new) of such building or structure.
(Sec. 16-2.9, R.O. 1978 (1987 Supp. to 1983 Ed.)) (1990 Code, Ch. 16, Art. 2, § 16-2.9) (Am. Ord. 90-57)