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<br />. <br /> <br />. <br /> <br />B. Tax Increment Limitation <br /> <br />Harris County is not obligated to pay its Harris County Tax Increment Participation from any <br /> <br />source other than taxes collected by Harris County on the Captured Appraised Value. Furthermore, <br /> <br />Harris County has no duty or obligation to pay the Harris County Tax Increment Participation from <br /> <br />any other Harris County taxes or revenues, or until the Harris County Tax Increment Participation <br /> <br />in the La Porte Zone is actually collected. Any portion of the taxes representing the Harris County <br /> <br />Tax Increment Participation that are paid to Harris County and subsequently refunded pursuant to <br /> <br />the provisions of the Texas Tax Code shall be offset against future payments to the Tax Increment <br /> <br />Fund. The obligation to pay the Harris County Tax Increment Participation accrues, as taxes <br /> <br />representing the Harris County Tax Increment Pa11icipation are collected by Harris County, and <br /> <br /> <br />payment shall be due as provided in section 3] 1.013(c) of the Texas Tax Code. No interest or <br /> <br /> <br />penalty will be charged to Harris County for any late payment received from Harris County; <br /> <br /> <br />provided however, that penalty and interest received by Harris County on any delinquent taxes from <br /> <br /> <br />the Harris County Tax Increment Pm1icipation shall be paid to the Tax Increment Fund in the <br /> <br /> <br />amounts required by section 31] .0] 3(c) of the Texas Tax Code. <br />C. Expansion of La Porte Zone <br />The obligation of Harris County to participate in the La Porte Zone is limited to the area <br />described in City of La P011e Ordinance Nos. 99-2325 and 99-2350. Harris County's participation <br /> <br />does not extend to the tax increment on any additional property added to the La Porte Zone by the <br /> <br /> <br />City or any amendment to the Project Plan by the La Porte Zone and the City that would increase <br /> <br /> <br />the total amount of project costs unless Harris County specifically agrees to participate in the <br /> <br /> <br />additional area or amendment to the Project Plan. In addition, Harris County's participation does <br /> <br />5 <br />