Not sure what you mean by changes similar to LMRN, this isn't anything on that scale. Basically, from what I've been able to gather, they are upgrading the entire system from a 4 site multicast system to a simulcast system. There will still be multiple sites around the city, but they will all share the same frequencies and users won't roam from site to site anymore. This is obviously more efficient as they will be eliminating a bunch of frequencies that they will no longer need. I haven't heard any talk of going Phase II/TDMA, so no change there.
As far as encryption goes, it's just LFD that I'm aware of. I'm sure this is due to multiple reasons, but the big two will be medical details over the air, and tows racing to get to MVC locations when calls are dispatched. The tow situation seems much better here over the recent months but no doubt it's still an issue now and again.
Timeline? Not sure at this point. I was originally told it would be by last July, but there were supply chain issues with new radios etc that have slowed things down. From talking to a few people it sounds like there are still trucks awaiting new mobile radio installs. So... I'd hazard a guess a month or two at most.