(1) Notwithstanding other provisions of this chapter, ecology, after consultation with Tribes, Clallam County, Washington department of fish and wildlife, and NOAA fisheries may, on a case-by-case basis, authorize storage projects for environmental enhancement and other beneficial uses consistent with the Elwha-Dungeness watershed plan. Such decisions shall consider the following:

• The management objectives of the storage project;

• The effect of the project on salmonids;

• The effect of the project on ecological functions provided by high stream flows;

• The cumulative effects of all such projects weighed against the public benefit the stored water would provide.

(2) The application for the storage project must include a monitoring and adaptive management component and show the ability to implement such a program. All other applicable permits must be obtained.