I would encourage you to look at serpentine pulleys, often called micro groove. The initial cost is more than cheap aluminum Vee pulleys, butthat they will pay for themselves if you use the system a lot in fuel savings alone. Not to mention they last forever.
I got mine at Utterpower.com. Great quality and fast service. http://www.utterpower.com/products/pulley/
On the motor, if your gen set still works, I would sell it whole and buy a 13-14 hp engine with a non tampered shaft. it's my fear you will spend more time and money getting a pulley for that tampered shaft than what you would spend on a proper engine.
I got mine at Utterpower.com. Great quality and fast service. http://www.utterpower.com/products/pulley/
On the motor, if your gen set still works, I would sell it whole and buy a 13-14 hp engine with a non tampered shaft. it's my fear you will spend more time and money getting a pulley for that tampered shaft than what you would spend on a proper engine.