(a) The application for a new dam or reservoir, or the enlargement, repair, alteration, or removal of an existing dam or reservoir, shall set forth the estimated cost, as defined in this article, of the new dam or reservoir, or the enlargement, repair, alteration, or removal of the existing dam or reservoir, and shall be accompanied by a filing fee based upon the estimated cost and according to the following schedule:

1. (1) For the first one million dollars ($1,000,000), a fee of 3.25 percent of the estimated cost.
2. (2) For the next four million dollars ($4,000,000), a fee of 2.5 percent.
3. (3) For the next fifteen million dollars ($15,000,000), a fee of 2 percent.
4. (4) For the next thirty million dollars ($30,000,000), a fee of 1.75 percent.
5. (5) For the next one hundred million dollars ($100,000,000), a fee of 1.25 percent.
6. (6) For the next three hundred fifty million dollars ($350,000,000), a fee of 0.75 percent.
7. (7) For all costs in excess of five hundred million dollars ($500,000,000), a fee of 0.5 percent.