As an avowed chocoholic (give me a jar of Nutella and something to dip into it and I'm in Heaven), I thought I should make a cache in honor of that. You are searching for a plastic Hershey's chocolate powder container. Small items can fit in, as can smaller travel bugs. (Hopefully, the smell of used chocolate container won't attract OTHER bugs...!) No need to climb the tree unless you have the desire to do so. Not camo'ed, but still may be hard to spot.
I recommend approaching from the northern side. It's easier to get to the host tree from the southern side...but harder to get to the spot where you can see the container. And it's more fun from the north, too! 
NOTE: There are currently TWO containers here...a deep brown one, which is the original but has no log and is in iffy shape...and the bright yellow replacement container. I have no idea where the original deep brown container is, but the last two seekers found it. However, the bright yellow one is where it's supposed to be and is easily spotted once you're in the right location. If anyone finds the original brown, feel free to remove it and make it a souvenir or a future cache container!
Cache on!