Here is our video showing you our DIY nutrient solutions bucket that we use on our marijuana grow rooms.
A couple points:
You will want to mount the spout just high enough so that if/when you set the bucket on a hard surface the spout does not come in contact with/hit it (and break).
Just the opposite on the air hose, put it just low enough so that the cover does not come in contact with the air hose, but not too low as you will lose capacity in your solutions bucket.
This is the setup we have on one of our mom and clones room.
Here are Amazon links to the products we used to make our solutions buckets:
5 Gallon Bucket Cover – $7.95 (get it Wal-Mart for $1.25)