Help refreshing library MovieClip Array based on input text

Hi!

I’ve built this fancy airport board application where you can write your sentance in the input field and by that change the board.
You can see here an example of what I have at the moment.

here’s the code I have:

//putting some starting text in the text field
input_txt.text = "Oceanic Flight 815";

//initializing variables
var holder_mc:Holder = new Holder();
var letter_mc:Letter = new Letter();
var sentance:String = new String(input_txt.text);
var arrayLetters:Array = sentance.split("");

//button CLICK listener and relative action
ok_btn.addEventListener(MouseEvent.CLICK, ok_btn_CLICK);
function ok_btn_CLICK(e:MouseEvent):void{
    BuildSentance();
}

//The action that builds the sentances based on the input text
function BuildSentance():void{
    
    for (var i:uint=0; i<arrayLetters.length; i++) {
        
        //removeChild(holder_mc); ???? --> Need to remove holder_mc when already exists in order to reload the new sentance.
        //Or somehow reload/refresh the sentance
        
        //Need to somehow apply a timer that sets an interval of 1 second between the lettering fallout.
        
        
        //Calls Holder from Library and adds it to the Stage (this will be the container for the sentance)
        var holder_mc:Holder = new Holder();
        this.addChild(holder_mc);
        holder_mc.x = 10;
        
        //breaking input text into letters
        sentance = input_txt.text;
        arrayLetters = sentance.split("");
        
        //Calls Letter from Library and adds it to holder_mc
        var letter_mc:Letter = new Letter();
        holder_mc.addChild(letter_mc);
        letter_mc.x = 17*i;
        letter_mc.y = (10);
        
        //Adds letters to letter_mc's
        letter_mc.numbers1.letra_txt.text = arrayLetters*;
        letter_mc.numbers2.letra_txt.text = arrayLetters*;
        letter_mc.numbers3.letra_txt.text = arrayLetters*;
    }
}
BuildSentance();

I’m having 2 problems:

  1. on applying some sort of timer that throws the sentance letters one of a time to the board;
  2. on updating the board, by removing the older sentance and throwing in the new one.

Can anybody help me on this?
Thanks in advance.