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<br />. <br /> <br />. <br /> <br />. <br /> <br />6 <br /> <br />1 diversion of the sales and use tax, assuming there is the <br /> <br />2 <br /> <br />projected revenue that you see in the second column from the <br /> <br />3 left. As you can see, we're talking about substantial amounts <br /> <br />4 of money. The sum of the dollars that would enter the con- <br /> <br />5 struction fund is the sum of the figures in the column on the <br /> <br />6 extreme right, and over a period of ten years it would be <br /> <br /> <br />7 $462,000,000, if you want to jot that down. <br /> <br /> <br />8 This bill has already been through the House Ag and <br /> <br /> <br />9 Water Committee. It was not referred to the Appropriations <br /> <br />10 Committee. It is awaiting a second reading to go to the <br /> <br />11 House floor. <br /> <br />12 I think there's not really more to be said other <br /> <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br /> <br />than we are obviously looking at a large amount of money, for <br /> <br />a change; and the committee, at least, is quite serious in <br /> <br />seeking to get these kind of dollars into the construction <br /> <br />program over the course of eight or ten years. <br /> <br />MR. SHERMAN: Would you like to comment on the <br /> <br />relationship of this bill to the item on the Governor's call <br /> <br />calling for a developmental fund, state developmental fund. <br /> <br />MR. McDONALD: The Governor has included on his <br /> <br />call an item relating to the creation of a state developmental <br /> <br />fund. I think that's the language used. The thrust of the <br /> <br />fund is to recognize that there are significant capital in- <br /> <br />vestments needed of the public sector that Colorado will likel <br /> <br />encounter in the course of the next ten to fifteen years. The <br />