Complex sentence: Having distributed its funds, the LMDC in July 2006 announced plans to dissolve and transfer its responsibilities to other existing agencies and foundations, including the W.T.C. Memorial Foundation, and the Lower Manhattan Construction Command Center.
Split into simpler sentences: Having distributed its funds, the LMDC in July 2006 announced plans to dissolve. It will be transferring its current responsibilities to other existing agencies and foundations, including the W.T.C. Memorial Foundation, and the Lower Manhattan Construction Command Center.