Local 1245 Responsibilities. Local 1245 shall keep an adequate itemized record of its financial transactions and shall, by April 1 of each year, make available to the Agency, and to all bargaining unit employees, a detailed written financial report for the fiscal year ending the preceding December 31, in the form of a balance sheet and an operating statement, certified as to its accuracy by its president and treasurer or corresponding principal officer, or by a certified public accountant. Local 1245 certifies to the Agency that it has adopted, implemented, and will maintain procedures in accordance with applicable statutes, any decisions by a court of competent jurisdiction, and any other applicable legal authority. Local 1245 shall indemnify and hold the Agency harmless against any liability arising from any claims, demands, or other action relating to the Agency’s compliance with the dues/fee obligation.
