Complex sentence: Phase two will replace the obsolete displays and sound system of the Lloyd Noble Center, and the final phase includes "LED video display improvements and expansion within the existing structure" of the stadium's south scoreboard and sound system, to be ready by August 2008.
Split into simpler sentences: Phase two will replace the obsolete displays and sound system of the Lloyd Noble Center. The final phase includes "LED video display improvements and expansion within the existing structure" of the stadium's south scoreboard and sound system, to be ready by August 2008.