This monument marks the location of the first home built in Nephi in 1851, by Timothy Foote. I've lived near here most of my life, and spent many summers in these fairgrounds, but never noticed this monument until recently. The cache itself is log only, bring your own pen. Please make sure to close everything up tightly when you're finished.
This is a picture of a Nephi home of the same Timothy Foote, which is lkely the home referred to by the monument:
