California saw the need for the new campuses to handle the expected increase in enrollment from the post-war baby boom. One of the new campuses was to be in the Los Angeles area; the location selected was Irvine Ranch, an area of agricultural land bisecting Orange County from north to south. This site was chosen to accommodate the county's growing population, complement the growth of nearby UCLA and UC Riverside, and allow for the construction of a master planned community in the surrounding area. On June 20, 1964, U.S. President Lyndon B. Johnson dedicated UC Irvine before a crowd of 15,000 people, and on October 4, 1965 the campus began operations with 1,589 students, 241 staff members, 119 faculty, and 43 teaching assistants. However, many of UCI's buildings were still under construction and landscaping was still in progress, with the campus only at 75% completion. By June 25, 1966, UCI held its first Commencement with fourteen students, which conferred ten Bachelor of Arts degrees, three Master of Arts degrees, and one Doctor of Philosophy degree. Development and recent history Unlike most other University of California campuses, UCI was not named for the city it was built in; at the time of the university's founding (1965), the current city of Irvine (incorporated in 1971) did not exist. The name "Irvine" is a reference to James Irvine, a landowner who administered the Irvine Ranch. In 1960, The Irvine Company sold of the Irvine Ranch to the University of California for one dollar, since company policy prohibited the donation of property to a public entity. On campus, UC Irvine's first Chancellor, Daniel G. Aldrich selected a wide variety of Mediterranean-climate flora and fauna, feeling that it served an "aesthetic, environmental, and educational [purpose]." To plan the remainder of the ranch, the University hired William Pereira and Associates. Pereira intended for the UC Irvine campus to complement the neighboring community, and it became clear that the original grant would not suffice. In 1964, the University purchased an additional in 1964 for housing and commercial developments. Much of the land that was not purchased by UCI (which is now occupied by the cities of Irvine, Tustin, and Newport Beach) remains held by The Irvine Company, but the completion of the University rapidly drove the development of Orange County. The City of Irvine became incorporated and established in 1971 and 1975, respectively. UCI remains the second-largest