(ii) monies, to the extent received by such county under payment procedures in effect, to be paid to the city of Troy pursuant to an agreement under subdivision (c) of section twelve hundred sixty-two of the tax law, the special account established for the municipal assistance corporation for the city of Troy within the municipal assistance tax fund shall have a statutory first lien upon the entire share of the city of Troy of any such net collections or monies. Such lien shall not require any segregation of funds, physical delivery or any other action, filing or agreement in order to evidence, perfect, or preserve the priority of such lien and shall be valid, binding, and perfected as against all parties, with or without notice thereof, having claims of any kind in tort, contract or otherwise against such county. Such county shall segregate, quarterly or on such other schedule as such share of such net collections or monies shall be due and owing in accordance with such law or agreement, such share of such net collections or monies and shall, upon such segregation, use such proceeds for no other purpose than to pay them to the comptroller for deposit into the special account established for the municipal assistance corporation for the city of Troy within the municipal assistance tax fund in accordance with applicable law and payment procedures in effect. Provided that such county has, by the payment due date, paid such proceeds to the comptroller in accordance with the provisions of this paragraph, such payment shall be deemed conclusive evidence that the county had complied with the segregation requirement respecting the proceeds so paid, as set forth in this paragraph. This subdivision shall terminate upon the termination of the municipal assistance corporation for the city of Troy.