I know there are lots of light threads.
Racks - your lbs should be able to direct you to one that fits your bike. They aren't too bad to install/uninstall, but I wouldn't want to do it daily or weekly. You could look at a seatpost rack, but I'm not sure how much weight you want to carry (they have limits). As far as tools, all you need is a set of allen keys, which can be picked up for less than $5 at most any hardware store (you usually want metric for bikes). They basically screw on in 4 places.
CA
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