Item 24(b)(13)(ii) April , 1997 The Board of Trustees Limited Term New York Municipal Fund 350 Linden Oaks Rochester, NY 14625 To the Board of Trustees: OppenheimerFunds, Inc. ("OFI") herewith purchases________ Class C of Limited Term New York...

                                                           Item 24(b)(13)(ii)


                                                          April  , 1997



The Board of Trustees
Limited Term New York Municipal Fund
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To the Board of Trustees:

         OppenheimerFunds,  Inc. ("OFI") herewith  purchases________  Class C of
Limited Term New York  Muncipal  Fund at a net asset value per share of $______,
for an aggregate purchase price of
$---------.

         In connection with such purchase,  OFI represents that such purchase is
made for investment  purposes by OFI without any present  intention of redeeming
or selling such shares.


                                                        Very truly yours,

                                                        OppenheimerFunds, Inc.


                                                                       
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                                                        Senior Vice President