Mr Lamb and others with a keen interest in the city’s history – including the MSP Paul Sweeney – hope to bring artefacts like the fountain back into use in Glasgow.
He said: “Ideally, I’d like to see the fountain operating again in a public site within Glasgow. It’d be great if this could be at or close to its original location between the BBC building and the science centre.
“If this proves to be impossible it would simply be worthwhile to see it anywhere where it can be enjoyed again, fully-functioning or not, by the people of Glasgow.”
Sweeney, who has regularly spoken about Glasgow’s need to preserve its heritage, said: “It’s a shame that the striking sculptural Children of Glasgow Fountain has been left to languish in a council storage depot at Bellahouston Park.
“After it was brought to my attention by Lex a couple of years ago, I have been trying to get this relic reinstalled near its original location at Pacific Quay, where I think it would make an excellent centrepiece on the plaza.”
The festival, which was opened by Prince Charles and Princess Diana, is often cited as being influential in Glasgow’s revitalisation as a cultural hotspot.
It attracted around 4.3 million visitors during the five months it took over the banks of the river Clyde.
Mr English said he felt the event now strikes a “nostalgia sweet-spot” for people, a sentiment Mr Lamb agreed with.
He added: “It was the pivot of a remarkable ten years for a city which was then trying to get to grips with its own future.
“Additionally, it was a forward-looking glimpse of a cosmopolitan and more colourful vibe to Glasgow that we take for granted now.
“And it was international, in a way that was novel – at a time when the concept of a tourist in Glasgow was the punchline to a joke.”
A Glasgow City Council spokesman said: “The remnants of the Children of Glasgow fountain is stored at Bellahouston Nursery.
“At this time, there are no plans or available funding to install the fountain anywhere across our estate.”