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A combination of the popular 'sausage' (dicks only/ guy party) and 'taco' (punani only/ chick party) fests, referring to co-ed parties.

steph; bro's, saco fest at my place or what?
hannah; wtf is that
steph; dicks and chicks party
hannah; oh rly ?
Saco Fest
by doftc April 23, 2009
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