Actually, the tarps above the party and below the second floor were hung there before the rain began. The idea behind the tarps was that nobody would have to have to see the party who didn't want to, not even while walking to their room. IIRC, the only part of EastDorm that was visible from inside the tarps was the first floor FishBowls.
These same tarps were later used to wrap Kingston in a BigPrank.
That was during PreFroshWeekend '98.
Sadly, CampSec tore them down (stupid and potentially dangerous, since they didn't know how things were fixed up there), they were put up again, and people got caught.