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Council approves six‑month loan moratorium and amortization change for Starlight Drive‑In

Wichita City Council · October 7, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Council approved a contract amendment to extend repayment terms on a $200,000 loan to the Starlight Drive‑In, granting a six‑month moratorium after storm damage and restructuring monthly payments to resume Feb. 2026. Borrower provided a new personal guarantor.

The Wichita City Council on Oct. 7 approved a contract amendment to extend a city‑originated $200,000 loan to Starlight LLC for equipment acquisition and operations.

Becca Johnson (Office of Community Services) recounted the loan’s history: approved Dec. 18, 2018, restructured in February 2025 with a $50,000 payment and a repayment…

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