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<br />Industrial District Agreement - 7
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<br />County Appraisal District for any year or years during the terms
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<br />hereof, nothing in this Agreement shall preclude such protest and
<br />company ,~hall.h~ve the right to take all legal steps desired by it to
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<br />reduce the same.
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<br />._..~othwithstanding such prot~st by ,Company, Company agrees to pay
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<br />t<?",City ,~n or be~9re the dat,e th~,~efor _heI:~,inabove provided, at leas;~.
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<br />the, .,~~~a.~: _~,~:' (.~) the total" amount!:?f.- ,ad v~lorem taxes on the annexe.~,
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<br />~~~.~~~.q.~~.! f:J,.~~: ",(:~',>'.~:, t~;~ t?lt~l ~,~~~unlt.:g! 1n~!:-c::I~~p ,!,~,eu O,t1::11~~Je,s,"" on t~~:,.
<br />unannexed portions of Company's ,h~reinabov~~qescribed prqper~y whi~~
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<br />would be d~e by Company to City i,n a,~cordance with the foregoing
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<br />provisions of this Agrement on the basis of renditions which shall be
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<br />fil,ed by Company on or before,)1arch,~;t of each year during the term
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<br />o~ .~~i:~ Agreement, wi~J:1., 't:>oth..the ,Cit;y .a~d "t:tte Harris Cou~ty_ !\pp~aisal
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<br />Distr~ct (as 1:;he..C?ase may ~e) for that year..
<br />.. w:tten, the City or Harris ..County Apprais~l District (as the case
<br />may be) valuation on said property of Company has been so finally
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<br />determined, either as
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<br />the result of final
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<br />judgment of ~" court" ,~f
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<br />c_~~p,"~.:e,nt, j~f~sd~~~i<;>,n.. ~: I'~~ , 7h~ ._:re~~:; ?~, ~~her final :.:c:~~lusion ~f
<br />the contrC?versy, then wi thin thirty (30) days thereafter Company
<br />shall m~ke payme~t to City of any additional payment due hereunder
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<br />based on such final ~aluation, together with applicable penal ties,
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<br />interests, and costs.
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<br />(B) Should Company disagree wi t~ any appraisal made ,by th,e
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<br />independent apppraiser selected by City ,pur~~ant to Artic~e II above
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<br />(Which shal,l, be . given ,in writing :to Company), Company shall, within
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<br />twent,~: (.~?J ,._.da~~~:.:,:p~~, receivin~,_ ~uch. copy, give written notice to the
<br />Ci.ty of. such disa,greerne~t. In, th~ event Company does not. give such
<br />wrj.t,~?n,. ~~,~i~e of, disag~ee~ent witl1,i~ ,such time pe,riod" th~, appraisal,
<br />made by said independent appraiser shall be final and controlling for
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<br />purposes of the determination of II in lieu of taxes II payments to be
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<br />made under this Agreement.
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<br />Should Company give such notice ,of disagreement, Company shall
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