The basilica arose from the idea, proposed by father Julio Matovelle in 1883, of building a monument as a perpetual reminder of the consecration of Ecuador to the Sacred Heart, President Luis Cordero issued the decree on July 23, 1883, and it was carried out by president José María Plácido Caamaño on March 5, 1884. The congress, in accordance with the year's budget, designated 12,000 pesos for the construction - 1,000 pesos per month, beginning in 1884. By the decree of July 3, 1885, the fourth Quitense Provincial Council turned the construction of the basilica into a religious commitment in the name of the country. The basilica remains technically "unfinished." & local legend says that when the Basílica is completed, the end of the world will come.