Dedicated in 1986, the fountain is a kinetic sculpture, the work of the Israeli artist Yaacov Agam.

The fountain is composed of several big jagged wheels, which were designed in the kinetic style (colored geometric shapes, which are perceived as different images from different angles).

[citation needed] Through the years the fountain drew criticism from some Tel Aviv residents for the high cost of its ongoing maintenance.

[1] In December 2016, the fountain was relocated to the Reading Parking Lot in north Tel Aviv for the renovation of the plaza.

The Fire and Water Fountain was back but the monument was stripped of its colorful, artistic details and technological mechanism.