Coilover, unfortunately the pump pulley flange appears to have an integrated spacer so nothing to remove to relocate the mounting surface.
Jerry, I made an aluminum disc spacer that was 0.125 thick and that seems to provide reasonably good alignment between the crank and water pump pulleys. I needed to use a mix of parts to get the alternator pulley far enough out to get it close to alignment.
Looking at the radiator support mounting surface for the radiator and the clutch/fan arangement it appears I would have clearance for the fan so I am planning to drill the alternate mounting bolt pattern in the water pump pulley to allow everything to mount for now. I can always remove the clutch/fan and go to electric later if I determine more clearance is required.