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They already applied the paperwork, they just need to wait 2 more years for it to become the 1st 100 year old stadium that is still in use for a major sports league (not sure if college has any that are older and still in use). It is also why they pushed very hard to get the 2012 All-Star game as a celebration of the centennial of the stadium.
I agree that the team seems to change how it spends money since they like to go all out one year (ex. 2004, 2007, 2010) and then cut back the next year as a way to restock the cash or see what they need for a long term fix. It helps to explain why their team salary ends up being #2 one year and around #4-#6 a year or two later.
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