Managed to find the local.m4b file by installing the game on sheepshaver and moving it to the main desktop then to the emfi files. (I have the mac cd's, so the game needed to be installed to get local.m4b. Unfortunately, the game itself can't be played on sheepshaver).
However, I'm still having the problem with the fullmonkeymap1/2.imt's. This message appears every time I try to run the game.
http://imgur.com/kkcT8FS