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Based on the information supplied in the applications and the above referenced General <br />Statutes, the applicants may be approved by the Board of County Commissioners. NCGS 105 - <br />282.1(a)(5) permits approval of such applications if good cause is demonstrated by the <br />taxpayer. <br />FINANCIAL IMPACT: The reduction in the County's tax base associated with approval of these <br />exemption applications will result in a reduction of FY 2012/2013 taxes due to the County, <br />municipalities, and special districts in the amount of $33,732.08. <br />RECOMMENDATION(S): The Manager recommends the Board approve the attached <br />resolution for the above listed applications for FY 2012/2013 exemption. <br />