(1) A person seeking a permit for work in a lake or on a lakeshore shall apply to the local governing body and shall pay a permit fee established by the governing body under subsection (2).
(2) The local governing body shall establish a permit fee as provided in subsection (1). The permit fee must be commensurate with the cost of administering the permit application. Factors the local governing body shall consider when establishing the fee include but are not limited to:
(a) the annual estimated total number of permit requests;
(b) the complexity of the specific project;
(c) the need for and location and number of onsite investigations; and
(d) the estimated cost of the specific project.