Fountains have been an important part of the landscaping in amusement parks and theme parks since they came into being. Water features enhance the atmosphere with the soothing sound and the cooling effect of the water on the hottest days of the summer.

When Time Warner acquired the Six Flags parks they looked to increase the theme elements throughout the parks to make them more cohesive experiences and turn them into true theme parks. As part of those efforts at Great Adventure the Hernando's Hideaway area was incorporated into Frontier Adventures.  The buildings were spruced up and a new fountain was added to the area.

Initially the fountain featured a fiberglass statue of the Looney Tunes characters. A fence was quickly added after the fountain was built to keep guests out of the water.  The character statue was later moved to Looney Tunes Seaport in 1999 and the fountain was redone with a simple ring of sprayers in its place.

At the end of the 2005 season the fountain was demolished as part of the remodel of the area to become Plaza del Carnaval for 2006. The former site of the fountain is approximately where the El Mercado stands today.