2.05pm: Commanding officer Cannell presents the city with a plaque which is received by Lord Mayor John Chedid.
''We have a couple of photos of the lord mayor sitting in front of the ship's company and we're very proud to have him there,'' Commanding officer Cannell said.
The Deputy Lord mayor then made his address.
2.03pm: Commanding officer Cannell said he was most proud to have recently met Mrs Green whose father died on the HMAS Parramatta III before she met him.
''(HMAS IV) turned 10 last Friday,'' he said.
He said they've not yet had a chance to celebrate but intend to.
''I take my hat off to the crew's company," Commanding officer Cannell said.
''When we go away to have the support of our local community... it makes our job easier.
''Thank you for your ongoing support.''
1.56pm: Commanding officer Cannell accepted the keys to the city from the Lord Mayor John Chedid.
''You don't have to come knocking on our door anymore,'' Cr Chedid told Commander Cannell.
''You have the keys to our city.''
1.45pm: MC Rob Neil thanked dignitaries for attending the celebrations including Federal MP for Parramatta Julie Owens. He said the parade was an ''emotional display''.
''It's lovely to be front and centre,'' he said.
He then introduced Cr Chedid to the stage who said: ''What about those helicopters; weren't they spectacular!''
He went on to say HMAS Parramatta ''are part of us''.
''We want you to know when you go out to sea a little part of us will follow you,'' Cr Chedid said.
1.14pm: Navy personnel have stopped marching and are lined up on the corner of Church Street and Market Street, facing towards Riverside Theatres.
1.02pm: The Sun is walking behind the procession heading towards Riverside Theatres where HMAS Parramatta will receive the Key to the City.
12.52pm: The crowd has lined the full length of the mall and many onlookers have come prepared with Australian flags to wave.
Drumming can be heard in the distance
12.50pm: The crowd waits for the parade to come past.
12.40pm: About 1000 people have turned up to see the parade. Burnside Public School are just one of the schools in attendance.
12.35pm: The Australian Navy Band plays the Australian anthem. MC Rob Neil says: "Are we proud or what?" to loud applause.
12.32pm: Kerri Kenton gives the Welcome to Country.
12.20pm: The Australian Navy Band is playing in Church Street Mall.
12.15pm: The Freedom of Entry parade will start at 12.30pm. Over 250 Navy personnel will march from Darcy Street, through the Church Street Mall and along Church Street.
Head on down to cheer them along and show your appreciation for all that they do.
11.52: The Lord Mayor officially farewells the commanding officer and the dignitaries leave for Parramatta Church Street Mall for the Freedom for the Entry Parade.
11.50am: A lone bugler plays the revellery.
11.45am: A chaplain leads a group of onlookers in a prayer at the HMAS Parramatta II memorial and invites the commanding officer and other dignitaries to lay a wreath. Among them is Parramatta MP Geoff Lee.
11.35am: Cr Chedid presents the commanding officer with the Freedom of Entry scroll and the HMAS Parramatta commander relates the history of the ship to the Lord Mayor.
''She's a good ship,'' Commander Cannell said.
-- The ceremony commemorates the 138 sailors who died on the second HMAS Parramatta when it was hit by a German torpedo during World War II.
Lieutenant Commander Jefferson H. Walker went down with the majority of his crew on November 26, 1941, when the 266-foot sloop was hit by a submarine’s torpedo and sunk off the Libyan coast.
Only 24 survivors were rescued.
11.30am: HMAS Parramatta's commanding officer Commander Simon Cannell arrives at Queen's Wharf, Parramatta and is greeted by Parramatta Lord Mayor John Chedid and Deputy Lord Mayor Paul Garrard. Cr Garrard was bestowed the title of patron of HMAS Parramatta last month.
''I've been the liaison officer since I was last mayor in 2004,'' Cr Garrard said told the crowd.
''I was lucky enough to be the mayor when the ship was commissioned in 2003.''
■ What's happening today in Parramatta:
11.30am: Commemoration ceremony for the sailors of the second HMAS Parramatta, Queens Wharf Reserve, Parramatta, at the stern of HMAS Parramatta (I).
12.30pm: The Freedom of Entry parade will start from Darcy Street, through Church Street Mall and along Church Street.
1pm: Helicopter flyover.
1.45pm: Parramatta Lord Mayor John Chedid will hand over the key to the city at Riverside Theatres.