The property known as King Ranch, which currently consists of approximately 1800 acres of land generally bounded by the Gila River to the north, was rezoned to Preliminary PAD by Ordinance 2004-927 adopted on December 13, 2004. On August 22, 2005, Council adopted Ordinance 2006-960 rezoning the King Ranch Property to Final PAD, and Resolution 2005-997 approving and adopting the Development Agreement for King Ranch. The First Amendment to the Development Agreement for King Ranch was approved and adopted by Resolution 2006-1069 on August 28, 2006. On September 25, 2006, the King Ranch Final PAD was amended by Ordinance 2006-1027 and the Second Amendment to the Development Agreement for King Ranch was approved and adopted by Resolution 2006-1080. The Third Amendment to the King Ranch Development Agreement was approved and adopted on July 9, 2007, by Resolution 2007-1173. The Development Agreement for King Ranch, as it was amended, addressed various infrastructure obligations and contributions that were to be made in connection with the development of the King Ranch Property, including contributions towards the costs associated with the construction of the Cotton Lane Bridge, which included the costs of the bridge, two lanes of the first phase of Cotton Lane, bridge abutment protections, a 30” water transmission line, and the installation of irrigation piping for RID.
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