Restoration. Any lawful nonconforming structure which has been involuntarily damaged by fire, explosion, flood, windstorm, or similar cause to an extent of not more than 75% of its fair market value, or which has been legally condemned, may be restored within the limits of the existing foundation, and within its original dimensions. Restoration shall commence within one year from the date of damage, destruction, or condemnation, and shall be carried on consistently, without major interruption, on a time schedule agreed to by the Zoning Officer at the time of building permit issuance. Where the extent of damage or destruction exceeds 75% of the fair market value, any restoration, reconstruction, or new construction shall comply fully with the terms of this chapter.