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<br />. <br /> <br />e <br /> <br />Industrial District Agreement - 7 <br /> <br />e <br /> <br />County Appraisal" District for any year or years during the terms <br />hereof, noth ing in this Agreement shall preclude such protest and <br /> <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 Ci ty on or before the date the,refor hereinabove <br />provided, at least the total of (a) the total amount of ad valorem <br /> <br />taxes 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 /> <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 /> <br />Appraisal District (as the case may be) for that year. <br /> <br />When the <br /> <br />City or Harris County Appraisal District' (as the case may be) valua- <br />tion on said property of Company has been so finally determin~d, <br />either as the result of final judgm~nt of a court of competent juris- <br />diction or as the result of other final conclusion of the controversy, <br /> <br />therrvt"thin thirty (30) days thereafter C:ompany shall 'm_ake ~a}'1Tle~ t:. _ <br />to City of any additional payment due hereunder based on such final <br /> <br />valuation. <br /> <br />e <br /> <br />. , <br /> <br />(D) ShouldCompany disagree with "any appraisal made by the <br /> <br />independent appraiser selected by City pursuant to Article Il(B) <br />above (which shall be given in writing to Company), Company shall, <br /> <br />within twenty (20) days of receiving such copy, give" written notice <br /> <br />to the Ci ty of such disagreement. In the event Company does not <br />give such written notice of disagreement within such time period, <br /> <br />the appraisal made by said independent appraiser shall be final and <br /> <br />controlling for purposes of the determination of "in lieu of taxes" <br /> <br />payments to be made under this Agreement. <br />Should Compuny give such notice of disagreement, Company shall <br />ealso submit to the City with such notice a written statement setting <br /> <br />. .'r <br />