UPDATE:
PEPBOYS gave me crap parts.
1. Water pump is defective. Holes were not drilled properly... they're a bit offset.
2. Timing belt is slightly too large. (according to Ford and my mechanic, many aftermarket timing belts for this car don't fit correctly.)
Doing what I should have done... getting parts from Ford. Who knows, maybe the ford parts are even made in America...
One can dream...