1. 89 (the lowest grade sold here) year-round. Just don't let it sit more than 30 days though. Almost all gas you buy these days is E10 and absorbs water because of it.
2. Carb kit and oil change at a minimum...you'll probably find you need to adjust the steering, replace tie rod ends, and rebuild the clutch, too. I'd take the fill plug out of the rear and make sure there's something in there.
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