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<br />( <br /> <br />( <br /> <br />(, <br /> <br />.r- <br /> <br />fer <br /> <br />Industrial District Agreement - 7 <br /> <br />( <br /> <br />County Appraisal District for any year or years during the terms <br />hereof,' nothing in this Agreement shall preclude such protest and <br />Company shall have the right to take all legal steps desired by it <br />to reduce the same. Notwithstanding such protest by Company, Company <br />agrees to pay to City on or before the date therefor hereinabove <br />prov ided, at least the total of (a) the total amount of ad valorem <br />tax'es. on "the annexed portions, plus (b) the total amount of the "in <br />lieu of taxes" on the unannexed portions of Company's hereinabove- <br />described property which would be due by Company to City in accord- <br />ance with the foregoing provisions of this Agreement on the basis of <br />renditions which shall be timely filed .by Company with City's Tax <br />Assessor-Collector or with both the. City and the Harris County <br />Appraisal District (as ,the case may be) for that year. When the <br />City or Harris County Appraisal District (as the case may be) valua- <br />tion on said property of Company has been so finally determined, <br />either as the result of final judgment of a court of competent juris- <br />di6tion or ~s th~ result'of other final conclusion of the controversy, <br />then wi thin thirty' (30) days thereafter Company' :shall ma-ke- payment" <br />to City of any additional payment due hereunder based on such final <br />valuation. <br />(B) Should Company disagree with 'any appraisal made by the <br />indepe'riaerlt'a.ppra'i'ser selected by' City,"pursuant to Article '11(13)' <br />above (wh ich 'shall be" given:" in wr i ting to Company), Company sha:ll, <br />within twenty (20) days 'bf receiving such copy, give written notice <br />to the City of such disagreement. In the event Company does not <br />give such written notice of disagreement within such time period, <br />the appraisal made, by said independent appraiser shall be final and <br />controlling for purposes of the determination of "in lieu of taxes" <br />payments to be made under this Agreement. <br />Should Company give such notice of disagreement, Company shall <br />also submit to the City with such notice a written statement setting <br />