starting equipment

My starting equipment is not really high quality, but this is what I am working with as a start.  I hope to upgrade at some point during the winter or early spring, as soon as I can afford it.  Anyway, I'm rambling, here's the list:

• 59cm 1976 motobecane nomade stock frame
• stock front brake, no back brake
• stock headset
• used road drops
• stock wheels and rear cassette
• All city bottom bracket, chainring, cranks, track pedals
• kalloy seat post
• soma seat
• all city chain

I'm running a 45-18 ratio single speed conversion on this bike, it's a long story.