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Below is a link to another article that explains the club will be able to use the college facilties:

Under the new policy, the unofficial organizations won’t receive school funding but may use the Liberty name and meet in school facilities if they make it clear the university doesn’t officially endorse them.

http://www.libertystudentnews.com/2009/06/university-and-dem-club-makes-agreement/comment-page-1/

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thanks