Went ahead and bought new chain based on all of the advice given here. Borrowed a chain breaker and away I went. Got the new chain on and did some adjusting. Lots of adjusting later on the rear end and I have a running bike!
I got insanely lucky though. Contacted a local member here on the forums about our legal status with bikes and it turns out he lives about a mile away from me!
We've hung out a few times and my motorized bicycle would not be running without him. Rat Bones is one **** of a guy.
I actually really like that idea for a name. Thanks for the suggestion Massdrive. The new build feels much more safe and the only thing left from the last motorized bicycle is the motor. But I do like the name. Thanks.