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As a result, the board has agreed to submit a planned strategic update to the lenders for approval.
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Affinity is planning to submit a planning application this spring to start work in 2016 with tenants back in new homes in autumn 2021.
The lease doesn't say they have the right to build; it suggests they have the right to submit a planning application.
Parry won an invited competition a year ago – against David Chipperfield, David Walker and PLP – and has been working flat out ever since, ready to submit a planning application in January 2016.
The council said it intended to submit a planning application by the middle of April.
The firm hopes to submit a planning application for the scheme next year.
It is not expecting to submit a planning application until some time during 2013.
The council has announced plans to spend £500,000 on the scheme but is yet to submit a planning application.
Brentford aim to submit a planning application for a new stadium at Lionel Road to Hounslow Council in May.
Thames Water hopes to submit a planning application in 2012, with construction due to be completed in 2020.
It hopes to submit a planning application in October and the lagoon could be working as soon as 2017.
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