Dynacraft SINGLE SPEED Owner's Manual page 101

Adjust the brake pad position so that it is parallel to
the wheel rim and so that the leading edge makes first
contact. To do this, fit an Allen key into the brake pad
holding bolt, loosen the fixing nut and adjust. Move the
brake pad along its mounting post to alter the distance
from the rim, and move the curved adjustment washer to
alter the angle of the pad.
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DETAILED MAINTENANCE