Well I just went and looked at the tank. It's not drinking water, they collect water off a neighbor's shed via extended gutter drain (with permission of course) and use it for watering their garden. Being on well water, it can get expensive pumping that water. Tank was a freebie, and they found a good use for it.
There's a flat area molded near the bottom with two fittings, one above the other. A crack developed vertically between the two. He's actually got it patched water tight from the inside already, but when full, this flat area bulges out and the crack opens up. Would leak but for the patch. It does leak from the fittings, but only when bulged out.
Welding the crack would accomplish nothing at this point, and given the stresses going on, I doubt would hold for long. We're going to make a flat plate to support this, and use two sets of steel banding to hold the flat area flat. I've got all the stuff for banding, so it should be a slam dunk.
Thanks everyone for the ideas and input!
Jon