; and (2) technical assistance to small and rural communities for water planning and issues relating to access to water resources. (c) Public ownership requirement The Secretary may provide assistance for a project under subsection (b)(1) only if the project is publicly owned. (d) Local cooperation agreement (1) In general Before providing assistance under subsection (b)(1), the Secretary shall enter into a local cooperation agreement with a non-Federal interest to provide for design and construction of the project to be carried out with the assistance. (2) Requirements Each local cooperation agreement entered into under this subsection shall provide for the following: (A) Plan Development by the Secretary, in consultation with appropriate Federal and State officials, of a facilities or resource protection and development plan, including appropriate engineering plans and specifications. (B) Legal and institutional structures Establishment of such legal and institutional structures as are necessary to ensure the effective long-term operation of the project by the non-Federal interest. (3) Cost sharing (A) In general The Federal share of project costs under each local cooperation agreement entered into under this subsection shall be 75 percent. The Federal share may be in the form of grants or reimbursements of project costs. (B) Credit for design work The non-Federal interest shall receive credit for the reasonable costs of design work completed by the non-Federal interest before entering into a local cooperation agreement with the Secretary for a project. (C) Credit for interest In case of a delay in the funding of the non-Federal share of the costs of a project that is the subject of an agreement under this subsection, the non-Federal interest shall receive credit for reasonable interest incurred in providing the non- Federal share of the project costs. (D) Land, easements, rights-of-way, and relocations The non-Federal interest shall receive credit for land, easements, rights-of-way, and relocations provided by