Wait.... are you on the bolt inside the actual pulley, or on the bolt holding the center of the tensioner arm? You should be on the bolt in the center of the actual pulley itself, moving it clockwise will rotate the pulley up so that you can slip the belt off another pulley- usually an idler where the back of the belt rides on the pulley.
As far as belt routing, you'll have to use your head on that one. If moving the pulley up and away puts more tension on the belt, then that's obviously the wrong way to go. You might want to check to be sure that your belt routing matches what is in your manual, or at least draw it out on paper before you remove the belt.
Did someone remove AC from this car or something?
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Originally Posted by the user formerly known as ZX3_Chick
You're special aren't you.