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<br />. <br /> <br />e <br /> <br />Industrial District Agreement - 7 <br /> <br />County Appraisal District for any year or years during the terms <br /> <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 to <br /> <br />reduce the same. <br /> <br />Nothwithstanding such protest by Company, Company agrees to pay <br /> <br />to City on or pefore the' date therefor hereinabove provided, at least <br /> <br /> <br />the total of (a) the total amount of ad valorem taxes 'on the annexed <br /> <br />portions, . plus (b) ,tl').e' totaL amount of the ,,"in lieu of taxes" on the <br />. . ~ --. <br /> <br />una~mexed portion.s. ,of Company I s"'hereinabove-described property which <br /> <br />would be due by., Gompc;lny _ to Ci.ty ,in accordance with the foregoing <br /> <br />provisio~s of this Agrement on the basis of renditions which shall be <br /> <br />filed by Company on. or. before March 31 of eacn' year during the term <br /> <br />.~_1;~,~q:\s"J\:~t:ee~~,ntf:~~t.l1~'both the' City ,and the. Harris County Appraisal <br />District ,:.(~~_....~he c<!s~ may Qe) for that year. <br />., ";', .Wh.e,n .,th:e. ~i ty ;..,~r Harris County. Appraisal District (as the case <br />may be) valuation on said property of Company has been so finally <br />determined, either; as. the result of final .judgm!=!nt"of a court of <br /> <br />~omp:tent juris<:lict~~~ or .-as the result of other final conclusion of <br />the controversy, then .within .thirty (30) days thereafter Company <br />shall make payment 1:-0 City of any additional payment due hereunder <br /> <br />based on such final va;I,uation, together with applicable penal ties, <br /> <br />interests, and costs. <br /> <br />, <br />..- ." <br /> <br />, (:. <br /> <br />(B) Should .Company disagree with any appraisal made by the <br />indep~n~e~~ ~pppr~~~e~. ~~lepted.~y:City pursuant to Article II above <br />(which shall be given in writing to Company), "Company shall, within <br />twenty (20) days of, r~ceiving, such copy, give writte~ notice to the <br />City of such disagreement. In the event Company does not give such <br /> <br />written, notice of disagreement within such time period, the appraisat <br />made by said independent appraiser shall be final and controlling for <br /> <br />purposes of the determination of "in lieu of taxes" payments to be <br /> <br />made under this Agreement. <br />Should Company give such notice of disagreement, Company shall' <br />