Walt Disney World the district was allowed to issue tax-exempt bonds for public projects within the district, despite the sole beneficiary being Walt Disney Productions. The district soon began construction of drainage canals, and Disney built the first roads and the Magic Kingdom. The Contemporary Resort Hotel and Polynesian Village were also completed in time for the park's opening on October 1, 1971. The Palm and Magnolia golf courses near Magic Kingdom had opened a few weeks before, while Fort Wilderness opened a month later. 24 days after the park opened, Roy O. Disney dedicated the property and declared that it would be
Orlando Magic Dizney, and Southern Fruit Citrus owners Jim and Steve Caruso, and talked the Orlando city officials into approving an arena project. Meanwhile, Williams gave presentations to NBA commissioner David Stern and the owners of the other teams of the league that the town was viable. The Magic were one of the four new expansion franchises awarded by the NBA in 1987 along with the Charlotte Hornets, Miami Heat and Minnesota Timberwolves. Initially, the NBA was planning to expand by three teams, with one franchise going to Florida; however, when both Miami and Orlando ownership groups made successful pitches, the expansion