74 Dart 360 Sport

Maybe too tight? I wonder if something flexes at load.

Serpentine belts tighten on one side at RPM. That is why they should really be designed with a true tensioner. I had a buddy that put one on his 350 Chevy back in the early 90's without a tensioner and it bent his water pump first time he hit close to 7,000 rpm.

How is the back of the AC compressor held in place?
The bottom bolt underneath goes clear through holes to the back bracket bolted to head with spacers on the bolt. I will lose it up a bit I think you may be right on to tight.