Between Porta Fratta and the Temple of Consolation, at the beginning of a steep street, the fountains are what remains of the Franciscan convent of Sant'Arcangelo. Erected in 1201 (MCCI), as deduced from the date inscribed on the stone above the column dividing the two arches, they are two large basins protected by two stone arches supported by a column with a Doric capital. In addition to serving as a water source for domestic use, they functioned as a washbasin for women and provided water for work and pack animals.

The humble and modest convent of Sant'Arcangelo was home to a community of Franciscan friars who lived a life of poverty and renunciation. In 1254, it was decided to transfer them to San Fortunato, a convent run by the Vallombrosian monks, who were much less humble and arrogant. These monks were initially sent to the convent of the Fontanelle to replace the Franciscans and were later expelled by Pope Boniface VIII. Their arrogance was such that they even opposed the local militia, sometimes with weapons.