Government & Politics January 17, 2024 8:10:43 am

Loveland council votes to accept city manager’s resignation

Former Loveland City Manager Steve Adams. Courtesy City of Loveland

LOVELAND — The Loveland City Council has agreed to a severance package for City Manager Steve Adams.

The city will provide nine months of pay after his Feb. 2 departure date, plus pay for 802 hours of accrued vacation time, a sum that will total about $290,000. Adams was first appointed in 2016 as manager but has worked for the city for about 30 years.

The severance amount was modified from Adams’ request of 12 months pay after extensive debate. Adams’ original request would have totalled about $361,000.

Adams approached individual members of the council prior to the meeting,…

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Ken Amundson

Ken Amundson retired from his position as managing editor of BizWest in May 2024 but has come back on a limited basis to report business news in Northern Colorado and the Boulder Valley. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes north of Denver. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.