vbelt?

I'm not sure what you're looking for....are you converting to V belts? The routing depends on which water pump you're using (as in if it's a late model or older pump...they spin different directions). If it's an '89 engine then the routing will be the same as always. You just need to get the A/C delete bracket and move the power steering pump up to the head where the A/C compressor originally was. I'd imagine that even with V belts you'd still need to relocate it but that probably depends on the setup...i can't help with that, never ran V belts on a 302.
 
Does it have stock pulleys?

Kinda hard for us to tell you what you need when we don't know how the pulleys are setup.

But anyway....3 second google search.

USing the Ford Racing A/C delete kit, it moves the a/c up so follow the red belt routing...assuming your smog pump is gone as well
beltrouting.jpg