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2 <br /> NCGS 105-282.1(a1) permits approval of such applications if good cause is demonstrated by <br /> the taxpayer. <br /> FINANCIAL IMPACT: The reduction in the County's tax base associated with approval of the <br /> exemption application will result in a reduction of FY 2013/2014 taxes due to the County, <br /> municipalities, and special districts in the amount of $26,663.87. <br /> RECOMMENDATION: The Manager recommends the Board approve the attached resolution <br /> for the above-listed applications for FY 2013/2014 exemption. <br />