was announced in by Walt to be opened in . On , the Disneyland park opened with five themed "lands" containing eighteen attractions with double the expected guests. WED owned Santa Fe & Disneyland Railroad opened, too. On June 29, 1957, Disney Production exercised its options to purchase all but AB-PT's common stock outstanding. This allowed WDP to consolidate DLI into its 1957 annual accounting statements adding four months' worth of net profits, $511K. In June 1960, Walt Disney Productions completed the purchase of AB-PT's share of the company for nearly $7.5 million and its TV contract, and the theme park became a fully owned subsidiary of Walt Disney Productions. History Beginning in 1958 with the contracting of Economics Research Associates (ERA) to find a location for another Disney resort, Disney Productions moved beyond a single park. ERA recommended Florida; another study in 1961 named Ocala or Orlando in Florida as possible locations. In , Walt Disney made a trip to Florida for final site selection.:333, 334 In 1962, Disney Productions purchased Celebrity Sports Center (opened on September 17, 1960, in Denver, Colorado) from its owners, including Walt Disney, Art Linkletter, and John Payne, to use as a staff training center for its second resort. In 1963, Roy made plans to buy from , which was carried out in 1964, amassing by . Plans for the Florida project that would eventually become Walt Disney World were announced to the public in November 1965. Legislation forming the Reedy Creek Improvement District, the Reedy Creek Improvement Act, was signed into law by Florida Governor Claude R. Kirk, Jr. on May 12, 1967, allowing Disney to build the infrastructure for the second park. Ground breaking followed for the future Reedy Creek park on May 30. In Roy O. Disney's last act as CEO in 1968, he officially named the second park Walt Disney World.:357 Disneyland International was incorporated on November 20, 1961. The next year, The Oriental Land Company contacted Disney about building a theme park. In 1959, the WED-owned Disneyland-Alweg Monorail System was installed at Disneyland. The first Audio-Animatronic attraction, Walt Disney's Enchanted Tiki Room, opened at Disneyland in 1963. Disneyland's first new themed land, New Orleans Square, opened in . Tomorrowland was revamped in 1967 with seven new attractions. The design and architectural group and the WED Enterprise name was purchased from Walt's corporation, renamed as Retlaw Enterprise. Disney expanded into