85 300TD A/C belt keeps coming loose.

I'm having an issue with my A/C compressor belt on my 85 300td. It keeps coming loose.

When I bought the car 2 months ago, the belt was missing completely and I was not sure if the A/C worked or not. I installed a new conti belt. The a/c works perfectly except after 200 miles or so the belt comes loose. Yesterday I checked the belt and now it looks slightly chewed up on one side.

I'm not sure if the problem is A/C pulley or something else.

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