Section 196.225 - Creation of tax-exempt entity by authority(1) Pursuant to ORS 196.220, the Willamette Falls Locks Authority may create and maintain an entity that is exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code, as amended, for the purpose of advancing the mission of the authority.(2) Any entity created by the authority under subsection (1) of this section shall be considered: (a) A unit of local government for purposes of ORS 190.003 to 190.130;(b) A public body for purposes of ORS 30.260 to 30.300 and 307.112;(c) A contracting agency for purposes of ORS 200.090; and(d) A public corporation for purposes of ORS 307.090.