I rescued this bike from obscurity yesterday in the long forgotten darkness of a college house's basement. I am now looking to fix this baby up and make it ridable. I do not have a road bike, but really enjoy riding on the road. I also have quite a bit of time on my hands, and a modest budget, so I am willing to buy whatever parts and tools I need to fix this up, but do not really want to pay for anyone else to do the work (both a pride and financial issue).
So here is what I was thinking I need to do, please correct, criticize and comment:
Remove the front and rear lights
Remove the handlebar tape and retape
I guess in theory I can rebuild the wheels, but, I was thinking to just buy new wheels, tires and tubes
The chain, crank, and rear gears look pretty good, just dirty.
For the seat, is there a way to recondition the leather seat? Or should I just replace it?
Replace the break pads
This is all I have come up with so far, what am I forgetting? What else do I need to check out?
Thanks for your help. I will keep you posted as I make improvements.