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• <br />\J <br />fixing such protested assessment, whichever is the <br />later date, such protesting Industry shall pay to the <br />City its second installment of taxes due for that <br />year based on its Harris County ad valorem tax valua- <br />tion of its properties within the area for the year <br />preceding. At such time as the Harris County ad <br />valorem tax valuation on the property of that Industry <br />which lies within the area has become final either as <br /> the result of final judgment of a court of competent <br /> jurisdiction or as the result of other final conclusion <br />• o <br />h h <br />hi <br />t <br /> as s <br />c <br />ry w <br />of the controversy, then that Indus <br /> protested shall make payment to the City of any addi- <br /> tional tax due it based on such final valuation unless <br /> such additional payment shall cause the total taxes <br /> paid by all of the Industries collectively to the City <br /> for that year to exceed $125,000, in which event such <br /> protesting Industry shall pay to the other Industries <br /> proportionately on the basis hereinabove provided an <br /> amount equal to that by which its tax payment for that <br /> year would exceed said total $125,000 (and reduced, if <br />• necessary), in order to effect a readjustment among all <br /> of the Industries of the proportionate tax payment of <br /> each to the City for that year in accordance with the <br />formula above provided. <br />~. Nothing herein contained shall be con- <br />strued as a joint undertaking of liability on behalf <br />of the Industries to the City, so as to create, or pur- <br />port to create any guarantee by any of the corporate <br />Industries of the obligations of another; the under- <br />taking of each of the Industries being direct to the <br />City in the same manner as any other obligation to <br />pay ad valorem taxes, and the remedies of the City <br />-6- <br />