RENEWAL OF INVESTMENT MANAGEMENT AGREEMENTS DATED MAY 19, 1997 BETWEEN THE FUNDS LISTED BELOW AND NUVEEN INSTITUTIONAL ADVISORY CORP.

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                                                                   EXHIBIT 10.10

                  RENEWAL OF INVESTMENT MANAGEMENT AGREEMENTS
                               DATED MAY 19, 1997
     BETWEEN THE FUNDS LISTED BELOW AND NUVEEN INSTITUTIONAL ADVISORY CORP.

Attached is a copy of a Form of Renewal of Investment Management Agreement,
dated May 19, 1997, by and between each of the funds listed below (which were
active as of December 31, 1997) and Nuveen Institutional Advisory Corp.  Copies
of agreements, identical in nature except for the name of the fund, were
entered into by the following funds:

      FUND NAME
      ---------

      Nuveen Select Tax-Free Income Portfolio
      Nuveen Select Tax Free Income Portfolio 2
      Nuveen Insured California Select Tax-Free Income Portfolio
      Nuveen Insured New York Select Tax-Free Income Portfolio
      Nuveen Select Tax-Free Income Portfolio 3

Pursuant to the instructions to Item 601 of Regulation S-K, the Registrant is
filing only the representative of the Renewal of Investment Management
Agreement by and between each of the above listed funds, as of December 31,
1997, and Nuveen Institutional Advisory Corp.  Copies of the actual Renewal of
Investment Management Agreements by and between each of the above funds and
Nuveen Institutional Advisory Corp. have not been attached.




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                                 [NAME OF FUND]

                   RENEWAL OF INVESTMENT MANAGEMENT AGREEMENT


This Agreement made this 19th day of May, 1997 by and between [Name of Fund], a
__________________ business trust (the "Fund"), and Nuveen Institutional
Advisory Corp., a Delaware corporation (the "Adviser");

WHEREAS, the parties hereto are the contracting parties under that certain
Investment Management Agreement (the "Agreement") pursuant to which the Adviser
furnishes investment management and other services to the Fund; and

WHEREAS, the Agreement terminates August 1, 1997 unless continued in the manner
required by the Investment Company Act of 1940; and

WHEREAS, the Board of Trustees, at a meeting called for the purpose of
reviewing the Agreement, have approved the Agreement and its continuance until
August 1, 1998 in the manner required by the Investment Company Act of 1940.

NOW THEREFORE, in consideration of the mutual covenants contained in the
Agreement the parties hereto do hereby continue the Agreement in effect until
August 1, 1998 and ratify and confirm the Agreement in all respects.


                                             [NAME OF FUND]


                                             By:
                                                 ------------------------------
                                                    Vice President
ATTEST:


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     Assistant Secretary
                                             NUVEEN INSTITUTIONAL ADVISORY CORP.


                                             By:
                                                 ------------------------------
                                                    Vice President
ATTEST:


--------------------------------
     Assistant Secretary