I've installed over a dozen WISP (Wireless ISP using license free WiFi UNII channels) access points on AM towers.
There are two types of AM towers - older towers were isolated from the ground by a ceramic insulator or grounded and used a RF isolating shunt feed. From your description this was a typical grounded tower that was repurposed as a shunt-fed AM site.
As the site already had radio repeaters, the AM broadcast engineering study would have included that information necessary for the FCC license, so no need (other that letting their broadcast engineer of record - this would be included in any FCC correspondence - knows your plans) to recertify anything.
Now moving on to best practices. AM stations using amplitude modulation can creep in to everything - any commercial grade repeater repurposed for 2M FM would be clean enough, but for good measure add additional grounds to your coax line at the bottom (its already bonded to the tower at the top via the antenna mounting hardware and no need for interstitial bonding) and radio cabinet and bond them to the tower.
As for repurposing any existing VHF antenna - those antennas are usually a Decibel Products DB224 tuned for entire 152-158 MHz band. When fed by 144-148 MHz transmitter there would be a slight SWR increase but acceptable.
if this is a galvanized metal tower such as the Rohn 25, 45, or 55 you should never directly bond any copper (including copper shealth coax) to the galvanized metal. Use stainless steel bolts, washers, and nuts to galvanicly isolate.