In 1593, the rich wealthy Giacomo Pace died in San Felice. He left all his assets to the works of the Monte di Pietà (Mount of Piety), a charitable institution in which the poor could take a sum of money borrowed without having to pay interest. The severe building located in Piazza Municipio, which housed this beneficent institution, is attributed to the Brescian Architect Giulio Todeschini. Construction was started after his death and work slowed down, what with the frequent raids of war and the terrible plague of 1630, it was completed in 1670.