The community's name was officially changed from Fort Walton to Fort Walton Beach on June 15, 1953, by agreement with the state legislature in Tallahassee, and incorporated a portion of Santa Rosa Island formerly known as Tower Beach. Tower Beach, named for a tall observation tower at the site which was later destroyed by a hurricane, had been an amusement area operated from 1928 by the Island Amusement Company by future-Fort Walton Beach mayor Thomas E. Brooks, with a board walk, casino, restaurant, dance pavilion, "40 modernly equipped beach cottages", and concession stands which was largely destroyed by fire on Saturday, March 7, 1942. Wartime supply restrictions prevented a reconstruction. This 875-acre parcel of Santa Rosa Island with three miles of Gulf frontage was conveyed to Okaloosa County on July 8, 1950, in an informal ceremony at the county courthouse in Crestview, Florida. The county paid the federal government $4,000 to complete the transaction, the result of the efforts of Congressman Bob Sikes. The portion of Santa Rosa Island transferred is now known as Okaloosa Island. The remaining Tower Beach summer cottages were removed after the 1955 tourist season as the new Okaloosa Island Authority redeveloped the site with a new hotel and casino. The government was changed to a city manager form.