Structures existing in any identified floodplain area prior to the enactment of this chapter, but which are not in compliance with these provisions, may continue to remain, provided that:
A. 
Any modification, alteration, reconstruction or improvement of any kind to an existing structure to an extent or amount of 50% or more of its market value shall be undertaken only in full compliance with the provisions of this chapter.
B. 
No expansion or enlargement of an existing structure shall be allowed within any floodway area that would cause any increase in the elevation of the one-hundred-year flood.
[Added 2-27-1991]